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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.
| DAYS ON MARKET | 9 | LAST UPDATED | 4/20/2025 |
|---|---|---|---|
| YEAR BUILT | 1941 | COMMUNITY | City Of Chester (10449) |
| COUNTY | DELAWARE | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | CHESTER-UPLAND |
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| ADDITIONAL DETAILS | |
| AIR | Gas, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | City Of Chester (10449) |
| CONSTRUCTION | Concrete |
| HEAT | Baseboard, Electric |
| LOT DIMENSIONS | 68.00 x 35.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 6675 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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