description
2115 Madison St,
Chester,
PA
19013
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.
Listing By: Compass New Jersey, LLC - Moorestown via Data Source: Bright MLS
Duplex Homes
property type
Price Historyview all +
date | Price | variance | type |
---|
5/21/2024 | $179,900 | - | Contract |
5/14/2024 | $179,900 | - | off market |
5/9/2024 | $179,900 | - | Contract |
5/2/2024 | $179,900 | - | - |
5/2/2024 | $179,900 | 3.02 % | decreased |
4/25/2024 | $185,500 | 1.85 % | decreased |
3/31/2024 | $189,000 | 3.08 % | decreased |
3/12/2024 | $195,000 | - | Listed |
listing agent: Jennifer Rothenberger