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1119 Madison St
For Sale $129,000 ($102.71 per Sq Ft)
$129,000 ($102.71 per Sq Ft)
- 3 Bedrooms
- 1 Bathrooms
- 1,256 Sq Ft
- 1,742 Sq Ft
Description
**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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $129,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,256 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1930 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 49020121600 |
| MLS # | PADE2084808 |
| Property ID | 321304717 |
| Lot Sqft | 1,742 |
| Zoning | RESIDENTIAL |
| Days on Market | 16 |
| Original List Price | Unknown |
| Applicances | Built-In Microwave,Oven/Range - Gas,Refrigerator% |
| Date Updated | March 13, 2025 |
| Date Created | February 26, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $15,300 | $0 |
Listing Provided By
Jennifer J Rothenberger an agent of .
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Data last updated: March 14, 2025.
Robert Crawford
REAL ESTATE AGENT