612 Highland Ave , Chester, PA 19013
Chester, PA 19013
Description
Welcome to 612 Highland Ave, a beautifully renovated duplex offering an excellent investment opportunity in the thriving Chester, PA market. With a CAP Rate of 9.22%, this property promises steady rental income and long-term value appreciation. Situated in a convenient neighborhood, this duplex is perfect for investors looking to capitalize on a strong rental demand while offering tenants a comfortable, modern living space. Property Highlights: Two Separate Units:1st Floor: Occupied ($1150 Monthly Current Rent)1-bedroom unit with spacious living areas, updated kitchen, and modern bath. This is a long term tenant, in good standing, who. would like to stay. 2nd Floor: Vacant ( Market Monthly Rent $1400) 3-bedroom unit, freshly renovated with a generous layout, updated kitchen, and new bathroom. Renovated Units: Both units feature brand-new LVP flooring, fresh paint, and new windows, providing a clean, bright, and low-maintenance environment. Modern Kitchens: Each unit boasts updated kitchens with new cabinetry, countertops, and energy-efficient appliances, offering a contemporary living experience. Off-Street Parking: Tenants enjoy the convenience of off-street parking, adding value and accessibility to the property. Investment Opportunity:Cap Rate: 9.22%Strong Rental Income Potential: With a mix of an occupied unit and a newly vacated, updated unit, this duplex offers the flexibility to retain current tenants while attracting new renters for the upstairs unit.Low Maintenance: Recent renovations have minimized the need for immediate upkeep, making it an ideal "turnkey" investment. Location:Located in Chester, PA, this duplex is just minutes from local shopping, dining, public transportation, and major highways, offering convenient access to the surrounding areas. Chester is a growing community with an increasing demand for rental properties, making this an exceptional location for investors. Additional Features:Recent Renovations: New LVP flooring, new windows, and updated kitchens throughout both units.Off-Street Parking: Ample parking space for tenants.Turnkey Investment: Ready to start generating rental income immediately with minimal effort. 612 Highland Ave represents a rare opportunity for investors seeking a well-maintained, income-generating property with immediate returns. Don't miss out on this prime duplex in a high-demand rental market! Schedule your showing today!
Details
| MLS# | PADE2081124 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 37 |
| Listing Provided By | Compass Pennsylvania, LLC | Jennifer J Rothenberger |
Features
| SQ Feet | 2,262 |
|---|---|
| Basement | Y |
| Units | 1 |
| Zoning | RESIDENTIAL |
| Acreage | 0.08 |
Market Activity 19013
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Learn More About This Property
| State | PA |
|---|---|
| County | Delaware |
| City | Chester |
| Zip Code | 19013 |
| Area | City Of Chester |
| School District | Chester-Upland |
| Listing VS Median (in 19013) | |
Price: $234,900 low | high Med: $145,250 SqFt: 2,262 low | high Med: 1,392 $ / SqFt: $104 low | high Med: $112 On Site: 37 low | high Med: 46.000000 | |
