Pennsylvania
Chester
1119 MADISON STREET

$129,000

1119 MADISON STREET, Chester, PA 19013

3 beds |
1 bath |
1,256 sqft

Town Home
Built in 1930
1,742sqft lot
—— car garage
$103/sqft
Listed 4 months ago

Property Description

**Investor's Dream in Chester, PA – Tenant-Occupied Gem with Strong Returns** Welcome to 1119 Madison Street, a smart investment opportunity with an established tenant history. This brick row home is tenant-occupied, offering flexibility with a month-to-month lease. The current tenants have called this place home for 9 years and wishes to continue their stay. Property Highlights: - Strong Investment Potential: With a current CAP rate of 8.6% and the potential for an impressive 10.7% when rented at market value, this property is an ideal addition to your portfolio. - Spacious Living: The home offers a generous 1,256 square feet of living space, featuring an open concept living and dining area that seamlessly flows into the kitchen, perfect for modern living. - Unique Layout: The second floor hosts two bedrooms and a full bathroom, along with a large laundry room for convenience. The third floor adds character with a third bedroom, complete with interesting angles and ample closet space. - Outdoor Space: Enjoy the privacy of a fully fenced backyard, a rare find for row homes in this area. This property is set on a total lot size of 1,612 square feet, providing ample space for tenants to enjoy. Don't miss out on this opportunity to own a property with strong returns and a stable tenant history. This could be paired with 1121 Madison which is also listed, MLS# PADE2084876, to further expand your investment portfolio. Contact us today to explore this investment potential further. Property to sell as-is with the asking price reflective of the condition.

Listing Status:: Pending
Date Added:: June 3, 2025 at 05:00AM
Listing Office:: Compass Pennsylvania, LLC : 2673805813
Listing Agent:: Jennifer J Rothenberger : 8563222964
MLS ID:: PADE2084808

This listing courtesy of Jennifer J Rothenberger, Compass Pennsylvania, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Stetser Elementary School

808 E 17th St, Chester, PA, 19013

Grades PK-6

0.58 miles away

STEM at Showalter

1100 W 10th St, Chester, PA, 19013

Grades 7-12

1.09 miles away

Chester High School

232 W 9th St, Chester, PA, 19013

Grades 9-12

0.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.