523 HIGHLAND AVE, Chester, PA 19013
523 HIGHLAND AVE, Chester, PA 19013
523 HIGHLAND AVE, Chester, PA 19013
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Listed by Marco Nunez • Realty Mark Associates - KOP
$1,600,000
Est. payment /mo
3 Beds
1 Bath
1,598 SqFt
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UPDATED:

Key Details

Property Type Single Family Home, Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,598 sqft

Price per Sqft $1,001

Subdivision None Available

MLS Listing ID PADE2126472

Style Straight Thru

Bedrooms 3

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,598

Year Built 1940

Annual Tax Amount $1,180

Tax Year 2026

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property 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 $1,325 per month, generating $15,900 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.

Location

State PA

County Delaware

Area City Of Chester (10449)

Zoning RES

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility 2+ Access Exits

Garage N

Private Pool No

Building

Story 2

Foundation Stone, Other

Above Ground Finished SqFt 1598

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Chester-Upland

Others

Senior Community No

Tax ID 49-11-01513-00

Ownership Fee Simple

SqFt Source 1598

Special Listing Condition Standard


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Giovanni Maggipinto

Giovanni Maggipinto

+1(908) 872-7635

Realtor Associate License ID: 1644529

Realtor Associate License ID: 1644529

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