Introducing a smart investment opportunity at 329 Rose Street, Chester, PA. This property offers two 1-bedroom units, with Unit 2 recently rented on a 12-month lease, and Unit 1 currently vacant and available for rent. Provides a unique opportunity to owner occupy one unit while the other is tenant occupied or rent both units to double the income.
This multi-unit property features a secure front entrance and provides private outdoor spaces for each unit. Unit 2 offers a charming balcony, while Unit 1 features a small gated yard, perfect for enjoying some outdoor relaxation. Each unit has been newly renovated, boasting modern finishes and the convenience of in-unit laundry.
The total building is a spacious 4-bedroom, 2-bathroom duplex, providing a total of 1777 square feet of living space on a 2052 square foot lot. The property's layout offers versatility and potential for various living arrangements or rental opportunities.
With a projected annual rental income of $24,360 and a cap rate of 9.55%, this property presents an ideal investment for those seeking to capitalize on the growing rental market. Don't miss out on the chance to own this well-appointed property with income-generating potential. Schedule a showing today to explore the possibilities that await at 329 Rose Street. Also listed in 331 Rose, similar duplex with same owner. MLS #
Property Type :
Multi-Family
County :
DELAWARE
Style :
Multi-Family
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ByOwner last updated this listing 04/30/2024 @ 12:56
MLS: PADE2064582
LISTED BY: Jennifer J Rothenberger , Compass New Jersey, LLC - Moorestown
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
