Property

Chester, PA 19013 1301 W 3Rd Street

$350,000

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Presented By: Realty Mark Associates
  • MLS# PADE2088522
  • 04/20/2025
  • Request Tour
  • Request Info
  • SQFT • 6,296

Home Details

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.
Presented By: Realty Mark Associates

Interior Features for 1301 W 3Rd Street

Other Interior Features

Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas

General for 1301 W 3Rd Street

AccessibilityNone
Business TypeApartment Building
CityCHESTER
Construction MaterialsConcrete
Cool FuelNatural Gas
CoolingWindow Unit(s)
CountyDELAWARE
Directions1301 W 3rd St
HeatingBaseboard - Electric
Lot Size Square Feet0.00
Lot Size UnitsSquare Feet
MLS AreaCity Of Chester (10449)
ModificationTimestamp2025-04-25T15:16:40
MunicipalityCITY OF CHESTER
New ConstructionNo
Number Of Units Total5
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG147.06
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount6675.0
Tax Assessed Value231010.0
Tax Lot527-000
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1941
Year Built SourceEstimated
ZoningC-1/R (COMMERCIAL/RESIDEN

Exterior for 1301 W 3Rd Street

Building Area Total2380.00
Car Parking Spaces
Land Assessed Value19280.00
Land Use Code
Lot Dimensions68.00 x 35.00
Lot Size Acres0.00
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $350,000
MLS#PADE2088522
List Date 04/20/2025
Property Type Commercial
Phone (973) 332-3023
Request Tour
Request Info
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