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1119 MADISON ST, CHESTER, PA 19013

3 Beds

1 Bath

1,256SqFt

Active

**Investor's Dream in Chester, PA – Tenant-Occupied Gem with Strong Returns** Welcome to 1119 Madison Street, a smart investment opportunity with an established tenant history. This brick row home is tenant-occupied, offering flexibility with a month-to-month lease. The current tenants have called this place home for 9 years and wishes to continue their stay. Property Highlights: - Strong Investment Potential: With a current CAP rate of 8.6% and the potential for an impressive 10.7% when rented at market value, this property is an ideal addition to your portfolio. - Spacious Living: The home offers a generous 1,256 square feet of living space, featuring an open concept living and dining area that seamlessly flows into the kitchen, perfect for modern living. - Unique Layout: The second floor hosts two bedrooms and a full bathroom, along with a large laundry room for convenience. The third floor adds character with a third bedroom, complete with interesting angles and ample closet space. - Outdoor Space: Enjoy the privacy of a fully fenced backyard, a rare find for row homes in this area. This property is set on a total lot size of 1,612 square feet, providing ample space for tenants to enjoy. Don't miss out on this opportunity to own a property with strong returns and a stable tenant history. This could be paired with 1121 Madison which is also listed, MLS# PADE2084876, to further expand your investment portfolio. Contact us today to explore this investment potential further. Property to sell as-is with the asking price reflective of the condition.

Property Details
Price$129,000
Bedrooms3
Full Baths1
Total Baths1
Property StyleStraight Thru
Lot Size16.00 x 97.00
Lot Size Area UnitsSquare Feet
Acres0.04
Property TypeResidential
Sub typeTownhouse
MLS Sub typeInterior Row/Townhouse
Stories3
FeaturesBathroom - Tub Shower,Carpet,Ceiling Fan(s),Combination Dining/Living
Exterior FeaturesExterior Lighting,Sidewalks,Street Lights
Year Built1930
SubdivisionNONE AVAILABLE
RoofFlat
HeatingForced Air
FoundationCrawl Space
AccessibilityNone
Geographic Data
DirectionsBetween E 10th St and Rose St
CountyDELAWARE
Latitude39.8558
Longitude-75.35983
Market AreaCity Of Chester (10449)
Address Information
Address1119 MADISON ST, CHESTER, PA 19013
Postal Code19013
CityCHESTER
StatePA
CountryUnited States
Listing Information
Listing OfficeCompass Pennsylvania, LLC
Listing Office Emailmarianne.dillon@compass.com
Listing AgentJennifer Rothenberger
Special listing conditionsStandard
OwnershipFee Simple
TermsConventional,Cash
School Information
DistrictCHESTER-UPLAND
MLS Information
Days on market28
MLS StatusActive
Listing DateFeb 27, 2025
Listing Last ModifiedApr 4, 2025
Tax ID49-02-01216-00
Tax Year2024
Tax Annual Amount826
MLS AreaCity Of Chester (10449)
MLS #PADE2084808

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    Last updated: 2025-04-05T15:30:47.479588Z. Listing information is provided by Bright MLS. Listings are generated from various brokers who participate in IDX. Information is deemed reliable but not guaranteed.