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2823 W 7TH Street

CHESTER, PA 19013
  • $95,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: PADE2015934
$95,000
  • 3
    BEDS
  • 0.07
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,088
    SQFT
  • $87
    $/SQFT
Neighborhood:
Type:
Villa/Townhouse
Built:
1956
County:

School Ratings & Info

School District:

Description

Offering a 10- Unit Investment Portfolio. Purchase price $950,00.00. Total portfolio rent is $9,595/month and the current cap rate is 10.14%. There are two options at play-one hold the portfolio and simply increase the monthly rent to market which would achieve a higher cap rate or rehab several of the properties to be flipped for a profit.2823 W 7th St, 1305 Kerlin St, 1427 Kerlin St, 1431 Kerlin St, 1435 Kerlin St, 1437 Kerlin St, 1304 Parker St, 1312 Parker St, 1314 Parker St, and 616 W 14th St. Should be a good investment to anyone who is interested in purchasing a portfolio. Properties will be sold AS IS.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Lux Living Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-01-20T23:49:37.91.
www.luxlivinggroup.com/homes/124761183
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2823 W 7TH Street CHESTER, PA 19013

  • Price: $95,000
  • Status: Active
  • On Site: 6 Days
  • ID#: PADE2015934
3
Beds
1
Baths
0
½ Baths
0.07
Acres
1,088
SQFT
$87
$/SQFT
1956
Built
Neighborhood:
None Available
County:
Delaware
Area:
City Of Chester (10449)
School District:
Chester-Upland
Property Description
Offering a 10- Unit Investment Portfolio. Purchase price $950,00.00. Total portfolio rent is $9,595/month and the current cap rate is 10.14%. There are two options at play-one hold the portfolio and simply increase the monthly rent to market which would achieve a higher cap rate or rehab several of the properties to be flipped for a profit.2823 W 7th St, 1305 Kerlin St, 1427 Kerlin St, 1431 Kerlin St, 1435 Kerlin St, 1437 Kerlin St, 1304 Parker St, 1312 Parker St, 1314 Parker St, and 616 W 14th St. Should be a good investment to anyone who is interested in purchasing a portfolio. Properties will be sold AS IS.
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1088 Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Exclusions All Appliances Except Oven Fireplace YN No Fireplaces Total 0 Heating Hot Water Heating YN Yes Inclusions Oven Levels 2 Main Level Bedrooms 0 Spa YN No Upper Level1 Bedrooms 3

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Foundation Details Brick/Mortar Heating Fuel Natural Gas Hot Water Electric Municipality City Of Chester Navigable Water YN N New Construction YN No Original MLSNumber 801286660552 Ownership Interest Fee Simple Possession Immediate Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 1179.00 Tax Assessment Amount 35360.00 Tax Lot 500-044 Total Actual Rent 11400.00 Vacation Rental YN No Water Source Public Zoning Res

Listing courtesy of Century 21 Preferred.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Lux Living Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-01-20T23:49:37.91.
 
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Lux Living Group | eXp Realty
1848 N Hancock, Ste C
Philadelphia PA, 19122