1301-1305 W 3Rd Street, Chester, PA 19013-3421 $350,000

# of Units: 1
Interior Sq. Ft: 2,380
Acreage: 0
Age:84 years
Taxes: $6,675
MLS#: PADE2088994
Design/Type:
Detached

Description

Outstanding opportunity to acquire a value-add 5-unit multifamily property with significant income potential. Three units are currently vacant, with projected gross rents of up to $6,000/month once stabilized. Unit Breakdown: Unit 1: 1BR/1BA – Vacant, cleaned and painted, needs flooring, cabinets, and bathroom upgrade. Unit 2: 2BR/1BA – Vacant, renovations nearly complete and ready for rent. Unit 3: 2BR/1BA – Tenant moving out soon, will need upgrades once vacant. Unit 4: 3BR/1BA – Vacant, cleaned and painted, needs flooring, cabinets, and bathroom. Unit 5: Leased at $750/month This is a prime value-add opportunity for a savvy investor ready to bring units up to market standards. Whether you want to flip, refinance, or hold long-term, this property has strong income potential and room to build equity quickly.

Taxes: $6,675
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Chester-Upland

Features

Utilities
Baseboard - Electric Heating, Electric, Window Unit(s) Cooling, Natural Gas, Hot Water - Natural Gas, Public Water, Public Sewer

Garage/Parking
On Street

Interior
Full Basement

Exterior
Permanent Foundation, Concrete Exterior

Contact Information

Listing Courtesy of: Realty Mark Associates , (215) 376-4444, bill@billmulhern.com

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Listing data as of 5/02/2025.