USAPAChesterNone Available623 E 12Th Street

New

$1,600,000

For Sale

623 E 12Th Street, Chester, PA

Name: 623 E 12Th Street, For Sale in Chester - eXp Realty
Brand: Realty Mark Associates - KOP
SKU: PADE2126496
Price: 1600000 USD

House

MLS® PADE2126496

3 Bed

1 Bath

1088 sqft

Key Facts
Description
Map

Key Facts

Type

Levels Residential

Size 1088 sqft

Garage

Taxes $523

Lot Size 0.03 Acres

Approx. Age 1920

Avg. Price Per Sqft $1,470

MLS® Number PADE2126496

Property Address: 623 E 12th Street, CHESTER, PA, 19013

Average square foot calculated using Size range provided by listing agent.

Description

Take advantage of an opportunity to expand your rental portfolio with this income-producing 3-bedroom, 1-bathroom property in Chester, PA! Currently rented for $1, 050 per month, generating $12, 600 in annual gross rental income, this property offers investors an established income stream from day one. The real opportunity? Building cash flow and unlocking future value. With an existing tenant and consistent rental income, investors can start with an income-producing asset while evaluating current market rents and opportunities to improve future returns. This property is an appealing option for investors seeking to grow their rental holdings in the Greater Philadelphia area. Invest in Chester's growth potential. Home to Widener University and Subaru Park, the Philadelphia Union's soccer stadium, Chester offers convenient access to Philadelphia and the surrounding region. With established educational and entertainment destinations and ongoing revitalization efforts, the city presents opportunities for investors looking to expand their footprint in the local rental market. AVAILABLE AS PART OF A PACKAGE DEAL WITH 12 ADDITIONAL LOCAL INVESTMENT PROPERTIES (13 TOTAL)! For investors looking to scale their portfolios, increase rental holdings, or acquire multiple income-producing assets in one strategic transaction, this property is an opportunity worth exploring. Combining three bedrooms with established rental income, it offers a straightforward addition to a growing investment portfolio. The current rent is below market value, creating potential to increase monthly cash flow and improve overall investment performance. At the current rental rate, the property offers a slightly over 9% cap rate, with the potential for an even higher return as rents move toward market levels. INVESTORS — NOW IS THE TIME TO RUN THE NUMBERS! Add an income-producing property to your portfolio, evaluate the potential for rental growth, and explore the possibilities of investing in Chester's evolving market. Contact us today for package pricing, rental information, and details on the full portfolio. Serious investors are encouraged to inquire promptly! Package sale only.

MLS® NumberPADE2126496

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1920

BasementFull

DrivewayOn Street

Garage Spaces

HeatForced Air, Natural Gas

A/CNone, Electric

Extras

Commute

Commute

Starting Address

Destination Address

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