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$300,000

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 1301 W 3rd St

General

  • Sold For: $300,000
  • Taxes: $6,675 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: BrightMLSPhilly
  • MLS ID: PADE2088994
  • Added to Site: 270 day(s) ago

Parking

  • Parking Type: On Street

Location

  • Area: City Of Chester (10449)
  • Municipality: CITY OF CHESTER
  • County: Delaware
  • Driving Directions: 1301 W 3rd St

School Information

  • School District: Chester-Upland

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Unit/Flat
  • Architectural Style: Unit/Flat
  • Structure Type: Detached
  • Construction: Concrete
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Permanent
  • Stories/Levels: 0
  • Square Feet: 2,380
  • Sq. Ft. Source: Estimated
  • Living Area: 2,380 Sq. Ft.
  • Finished Above Grnd: 2,380 Sq. Ft.
  • Year Built: 1941
  • Year Built Source: Estimated

Unit Information

  • 1 Bedroom Units: 1
  • 2 Bedroom Units: 2
  • 3 Bedroom Units: 2

Lot Features

  • Lot Size Source: Estimated
  • Lot Dimensions: 68.00 x 35.00
  • Zoning: C-1/R (COMMERCIAL/RESIDEN

Financial Considerations

  • Price Per Sq. Ft.: $147.06
  • Assessment Year: 2025
  • School Tax: $3,515
  • City/TownTax: $2,265
  • City/TownTax Freq: Annually
  • County Tax: $894
  • County Tax Freq: Annually
  • Tax w/Assessment: $231,010
  • Tax Amount: $6,675
  • Tax Year: 2024
  • Terms: Standard Sale

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 527-000

Listed by Realty Mark Associates, Christopher M Purcell
Sold by Coldwell Banker Hearthside Realtors, Michael F Barrett

Listing agent

— 1301 W 3rd St —

  • Christopher M Purcell

    Realty Mark Associates

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1301 W 3rd St

School District:Chester-Upland School District
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1301 W 3rd St

Date
Details
Price
Change
Source
6/28/2025
Sold
$300,000
-14.29%
MLS
4/26/2025
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Realty Mark Associates, Christopher M Purcell
Sold by Coldwell Banker Hearthside Realtors, Michael F Barrett

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1301 W 3rd Street, Chester, PA 19013 (MLS# PADE2088994) is a Multi-Family property that was sold at $300,000 on June 28, 2025. Want to learn more about 1301 W 3rd Street? Do you have questions about finding other Multi-Family real estate for sale in Chester? You can browse all Chester real estate or contact a Coldwell Banker agent to request more information.