Property

Chester, PA 19013 213 Gray Street

$255,000

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Presented By: Del Val Realty & Property Management
  • MLS# PADE2104016
  • 11/15/2025
  • Request Tour
  • Request Info
  • Beds • 4

Home Details

2 UNITS (Each 2BR/2BA) With Cap Rate Exceptional investment opportunity in Chester! This legal 2-unit multifamily features two spacious 2-bedroom, 2-bathroom units, both fully occupied with reliable long-term tenants. The property generates $27,816 in annual rental income, producing a strong 10% gross cap rate at the current asking price an excellent return for any investor seeking immediate cash flow. Each unit offers generous bedroom sizes, full bathrooms, functional layouts, and solid rental appeal. With low annual taxes, stable tenancy, and strong rental demand in the area, this turnkey building delivers steady income from day one. Conveniently located on a quiet residential block near I-95, I-476, public transportation, Widener University, Chester Park, and local amenities. Whether you're expanding your portfolio or searching for a high-yield asset with long-term upside, this duplex is a rare find at this price point.
Presented By: Del Val Realty & Property Management

Interior Features for 213 Gray Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementOutside Entrance, Unfinished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesCombination Dining/Living

General for 213 Gray Street

Acceptable FinancingCash, Conventional
AccessibilityNone
AppliancesRefrigerator, Oven/Range - Gas
Architectural StyleOther
Association Recreation FeeN
Cap Rate10.00
CityCHESTER
Construction MaterialsFrame, Masonry
Contingency TypeFinancing Approval
Cool FuelNone
CoolingNone
CountyDELAWARE
Directions12TH STREET
Garage Y/NNo
Gross Income27816.00
HeatingBaseboard - Hot Water
Historic Y/NNo
Home Warranty Y/NNo
Lease TypeYearly
Living Area1666
Lot Size Square Feet5619.00
Lot Size UnitsSquare Feet
MLS AreaCity Of Chester (10449)
MunicipalityCITY OF CHESTER
New ConstructionNo
Number Of Units Total1
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG153.06
Property ConditionGood
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictCHESTER-UPLAND
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeDetached
Subdivision NamePARKSIDE
Tax Annual Amount0.0
Tax Assessed Value50230.0
Tax Lot111-000
Tax Year2019
Total Actual Rent27816.00
Total Rooms9
Total SQFT1666
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1950
Year Built SourceEstimated
ZoningR-20

Exterior for 213 Gray Street

Foundation DetailsConcrete Perimeter
Land Assessed Value21300.00
Land Use CodeR-20
Lot Dimensions60.00 x 87.00
Lot Size Acres0.13
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourceCommunity
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Maria Leiro

Realtor Associate
Price $255,000
MLS#PADE2104016
List Date 11/15/2025
Property Type Contingent
Phone (973) 820-1758
Request Tour
Request Info
Visit My Website

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