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Sold for $175,000
  • $175,000

    2115 Madison St, Chester, PA 19013

    3beds
    2baths
    1,505sqft
    Duplex
    Built in 1920
    -- sqft lot
    $201,300 Zestimate®
    $116/sqft
    $1,635 Estimated rent

    Home value

    $201,300

    $173,000 - $231,000

    $1,635/mo

    Zestimate® history
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    $1,635/mo

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    $1,635/mo

    Rent Zestimate®

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    $991/mo

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    $991/mo

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    What's special

    Welcome to 2115 Madison Street, a modern duplex offering an incredible investment opportunity in Chester, PA. This property boasts two spacious units, with a 2-bedroom unit and a 1-bedroom unit, both currently occupied. The total square footage of this property is 1505 square feet, nestled on a generous lot spanning 4792 square feet. Each unit within this duplex features private access, open floor plans, and in-unit laundry facilities, providing modern convenience for its residents. The property is in good condition with contemporary touches, ensuring a comfortable and stylish living environment. As an investor's dream, the current annual rental income stands at $22,220, yielding an impressive 8.2% cap rate. With the potential for increased rents, the projected annual income could reach $28,080, resulting in an 11% cap rate. This presents an outstanding opportunity for a savvy investor to maximize returns in a rapidly growing market. Don't miss out on the chance to own this lucrative multi-family unit with a promising future. Schedule a showing today and seize the opportunity to add this modern duplex to your investment portfolio.

    Zillow last checked: 8 hours ago

    Listing updated: June 12, 2024 at 05:01pm

    Listed by:

    Jennifer Rothenberger 856-322-2964,

    Compass New Jersey, LLC - Moorestown

    Bought with:

    Jon Unrath, 2187200

    Weichert, Realtors - Cornerstone

    Source: Bright MLS,MLS#: PADE2063190MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Basement
    • Area: 0
    Heating
    • Radiator, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 1,505
    • Total interior livable area: 1,505 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 4,792 sqft
    • Dimensions: 40.00 x 120.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 49010213600
    • Zoning: RES
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    Materials
    • Brick
    • Foundation: Stone
    Condition
    • Good
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Chester
    • Municipality: CITY OF CHESTER

    HOA & financial

    Other financial information
    • Total actual rent: 22220

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Other, Apartment Rentals
    • Listing terms: Conventional,Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/12/2024Sold$175,000-2.7%$116/sqft
    Source: Bright MLS #PADE2063190 Report a problem
    5/22/2024Pending sale$179,900$120/sqft
    Source: Bright MLS #PADE2063190 Report a problem
    5/9/2024Contingent$179,900$120/sqft
    Source: Bright MLS #PADE2063190 Report a problem
    5/1/2024Price change$179,900-3%$120/sqft
    Source: Bright MLS #PADE2063190 Report a problem
    4/24/2024Price change$185,500-1.9%$123/sqft
    Source: Bright MLS #PADE2063190 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,012 +76.2%$107,625 +71.7%
    2024$1,710 -2.7%$62,700
    2023$1,757 $62,700

    Find assessor info on the county website

    Neighborhood: 19013

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Chester-upland

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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