Check Availability
$185,500
↓ $4K (1.9%)
Multifamily - For Sale

2115 MADISON ST

CHESTER, PA 19013
bedrooms
Studio
bathrooms
0 Bath
$911
Estimated Monthly
$0
HOA / Fees

About This Property

Welcome to 2115 Madison Street, a modern duplex offering an incredible investment opportunity in Chester, PA. This property boasts two spacious units, with a 2-bedroom unit and a 1-bedroom unit, both currently occupied. The total square footage of this property is 1505 square feet, nestled on a generous lot spanning 4792 square feet.

Each unit within this duplex features private access, open floor plans, and in-unit laundry facilities, providing modern convenience for its residents. The property is in good condition with contemporary touches, ensuring a comfortable and stylish living environment.

As an investor's dream, the current annual rental income stands at $22,220, yielding an impressive 8.2% cap rate. With the potential for increased rents, the projected annual income could reach $28,080, resulting in an 11% cap rate. This presents an outstanding opportunity for a savvy investor to maximize returns in a rapidly growing market.

Don't miss out on the chance to own this lucrative multi-family unit with a promising future. Schedule a showing today and seize the opportunity to add this modern duplex to your investment portfolio.
Unit Size
-
Days on Market
47 days
Land Size
0.11 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1920
Last updated: 5 days ago (Bright MLS #PADE2063190)

Price History

Date / Event Date Event Price
Apr 24, 2024 Price Decreased $185,500
↓ $4K (1.9%)
Price Decreased
Mar 28, 2024 Price Decreased $189,000
↓ $6K (3.1%)
Price Decreased
Mar 12, 2024 Listed by Compass New Jersey, LLC - Moorestown $195,000
Listed by Compass New Jersey, LLC - Moorestown

Property Highlights

Parking Details
Parking Features: On Street
Interior Details

Interior Information

Living Area Square Feet Source: Assessor

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$200,000 Jan 15, 2024
$200,000 Mar 14, 2024
-
Townhouse
3 Beds
1 Bath
1,452 ft²
$140/ft²
$203,000 Apr 21, 2023
$203,000 Nov 2, 2023
-
House
6 Beds
2 Baths
2,541 ft²
$71/ft²
$180,000 Oct 2, 2023
$180,000 Nov 15, 2023
-
House
3 Beds
1 Bath
1,428 ft²
$126/ft²
$180,000 Mar 7, 2023
$180,000 Apr 10, 2023
-
House
3 Beds
1 Bath
1,232 ft²
$142/ft²
$175,000 Nov 8, 2023
$175,000 Dec 22, 2023
-
House
3 Beds
1 Bath
1,132 ft²
$158/ft²
$178,800 Nov 2, 2023
$178,800 Dec 18, 2023
-
Multifamily
Stu
-
-
$195,000 Mar 3, 2024
-
-
Multifamily
Stu
-
-
$185,000 Dec 6, 2023
-
-
Multifamily
Stu
-
-
$159,900 Feb 6, 2024
-
-
Townhouse
Stu
-
-
$195,000 Dec 17, 2023
-
-
Commercial
Loft
-
-
$225,000 Oct 13, 2023
-
-
House
3 Beds
1 Bath
1,446 ft²
$128/ft²
$185,000 Feb 9, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

2115 Madison Street 2115 Madison Street, Chester, PA 19013
  • 1 Unit for Sale
More about this Building
2115 Madison Street
Want to find out who owns 2115 Madison Street, Chester, PA 19013? Get detailed property transactions here .

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