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428 Penn Street, Chester, PA 19013
$195,000
428 Penn Street, Chester, PA 19013View this property at 428 Penn Street, Chester, PA 19013
428 Penn StreetChesterPA19013
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Property Description
Welcome to this fantastic investment opportunity in Chester, PA! This well-maintained duplex offers two occupied one-bedroom, one-bathroom units, generating a solid gross income of $27,000 per year, boasting a 9.11% cap rate. Both units feature long-term tenants and have been updated with in-unit laundry facilities, ensuring convenience for the occupants. The property's exterior is equally appealing, with a fenced yard providing privacy and a charming front porch adding to its curb appeal. Conveniently located near Widener University and in close proximity to Philadelphia, this property presents an excellent opportunity for an investor looking to expand their portfolio in a thriving rental market. Don't miss out on this turnkey investment property in a prime location with great income potential. Please note that this property does require flood insurance. Owner pays $200 monthly for flood insurance. Schedule a showing today to explore the possibilities this duplex has to offer!
Full Property Details
Full Property Details for 428 Penn St
General
- Price: $195,000
- Taxes: $923 (2023)
- Status: Active
- Type: Duplex
- MLS ID: PADE2059498
- Updated: 5/9/2024
- Added to Site: 137 day(s) ago
Interior
- Flooring: Carpet, Luxury Vinyl Plank, Tile/Brick
Additional Information
- Security/Safety: Main Entrance Lock
Parking
- Parking Type: On Street
Location
- Area: City Of Chester (10449)
- Municipality: CITY OF CHESTER
- County: Delaware
- Driving Directions: Just past the corner of 5th and Penn
School Information
- School District: Chester-Upland
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Twin/Semi-Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Stone
- Roof: Flat
- Stories/Levels: 0
- Square Feet: 1,680
- Sq. Ft. Source: Assessor
- Living Area: 1,680 Sq. Ft.
- Finished Above Grnd: 1,680 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
- Property Condition: Average
Unit Information
- 1 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Assessor
- Lot Dimensions: 17.20 x 100.00
- Zoning: RES
Financial Considerations
- Price Per Sq. Ft.: $116.07
- Operating Expenses: $7,767
- Assessment Year: 2023
- School Tax: $487
- City/TownTax: $333
- City/TownTax Freq: Annually
- County Tax: $102
- County Tax Freq: Annually
- Tax w/Assessment: $34,060
- Tax Amount: $923
- Tax Year: 2023
- Owner Pays: Heat, Gas, Lawn/Shrub Care, Snow Removal, Taxes - Real Estate, Water
- Landlord Pays: Heat, Gas, Lawn/Shrub Care, Snow Removal, Taxes - Real Estate, Water
- Tax Total Finished Sq. Ft.: 1680
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 706-004
Listed by Compass New Jersey, LLC - Moorestown, Jennifer J Rothenberger
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Schools
Schools serving 428 Penn St
School District:Chester-Upland Sd
Rating | Name | Grades | Distance |
---|---|---|---|
501 W 9th St Ste 1, Chester, PA 19013 | PK-5 | 0.3 mi | |
704 Main St, Upland, PA 19015 | PK-5 | 1.3 mi | |
1410 E 9th St, Eddystone, PA 19022 | K-5 | 1.5 mi | |
2801 Concord Rd, Aston, PA 19014 | 6-8 | 2.7 mi | |
400 Free St, Ridley Park, PA 19078 | 6-8 | 2.9 mi | |
200 S Providence Rd, Wallingford, PA 19086 | 6-8 | 3.4 mi | |
200 W 9th St, Chester, PA 19013 | 9-12 | 0.3 mi | |
205 S Providence Rd, Wallingford, PA 19086 | 9-12 | 3.4 mi | |
901 Morton Ave, Folsom, PA 19033 | 9-12 | 3.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 428 Penn St
Date
Details
Price
Change
Source
1/08/2024
Listed
$195,000
-96.26%
MLS
3/26/2021
Sold
$5,209,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 428 Penn St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,277
193%
$34,060
—
2022
$436
-66%
$34,060
—
2021
$1,277
991%
$34,060
58%
2020
$117
—
$21,490
—
2019
$117
-2%
$21,490
—
2018
$120
—
$21,490
—
2017
$120
—
$21,490
—
2016
$120
—
$21,490
—
2015
$120
—
$21,490
—
2014
$120
—
$21,490
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 428 Penn St
428 Penn Street, Chester, PA 19013 (MLS# PADE2059498) is a Duplex property with 0 bedrooms and 0 full bathrooms. 428 Penn Street is currently listed for $195,000 and was received on January 08, 2024. Want to learn more about 428 Penn Street? Do you have questions about finding other Duplex real estate for sale in Chester? You can browse all Chester real estate or contact a Coldwell Banker agent to request more information.