612 Highland Avenue, Chester, PA 19013-1714 $234,900
Interior Sq. Ft: 2,262
Acreage: 0.08
Age:105 years
Taxes: $1,217
Design/Type:
Twin/Semi-Detached
Description
Welcome to 612 Highland Ave, a beautifully renovated duplex offering an excellent investment opportunity in the thriving Chester, PA market. With a CAP Rate of 9.22%, this property promises steady rental income and long-term value appreciation. Situated in a convenient neighborhood, this duplex is perfect for investors looking to capitalize on a strong rental demand while offering tenants a comfortable, modern living space. Property Highlights: Two Separate Units: 1st Floor: Occupied ($1150 Monthly Current Rent)1-bedroom unit with spacious living areas, updated kitchen, and modern bath. This is a long term tenant, in good standing, who. would like to stay. 2nd Floor: Vacant ( Market Monthly Rent $1400) 3-bedroom unit, freshly renovated with a generous layout, updated kitchen, and new bathroom. Renovated Units: Both units feature brand-new LVP flooring, fresh paint, and new windows, providing a clean, bright, and low-maintenance environment. Modern Kitchens: Each unit boasts updated kitchens with new cabinetry, countertops, and energy-efficient appliances, offering a contemporary living experience. Off-Street Parking: Tenants enjoy the convenience of off-street parking, adding value and accessibility to the property. Investment Opportunity: Cap Rate: 9.22% Strong Rental Income Potential: With a mix of an occupied unit and a newly vacated, updated unit, this duplex offers the flexibility to retain current tenants while attracting new renters for the upstairs unit. Low Maintenance: Recent renovations have minimized the need for immediate upkeep, making it an ideal "turnkey" investment. Location: Located in Chester, PA, this duplex is just minutes from local shopping, dining, public transportation, and major highways, offering convenient access to the surrounding areas. Chester is a growing community with an increasing demand for rental properties, making this an exceptional location for investors. Additional Features: Recent Renovations: New LVP flooring, new windows, and updated kitchens throughout both units. Off-Street Parking: Ample parking space for tenants. Turnkey Investment: Ready to start generating rental income immediately with minimal effort. 612 Highland Ave represents a rare opportunity for investors seeking a well-maintained, income-generating property with immediate returns. Don't miss out on this prime duplex in a high-demand rental market! Schedule your showing today!
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Hot Water Heating, Natural Gas, None, None, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
Off Street, On Street
Interior
Outside Entrance Basement, Unfinished Basement, Tile/Brick Flooring, Luxury Vinyl Plank Flooring
Exterior
Flat Roof, Shingle Roof, Brick Exterior
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-593-5386
Listing Courtesy of: Compass Pennsylvania, LLC , (267) 380-5813, marianne.dillon@compass.com
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Listing data as of 1/11/2025.