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MLS#PADE2121724
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLCHESTER-UPLAND
Property Description
304 East 9th Street is a fully occupied, 7-unit multifamily property in Chester, Pennsylvania. This income-producing property consists of six (6) one-bedroom/one-bath units and one (1) studio unit. The entire building was fully gut-renovated in 2014 with new electrical, plumbing, HVAC, and major capital improvements, and there have been many additional minor updates since 2021. The property features four off-street parking spaces along with abundant non-metered street parking. The property also offers embedded rental upside: increasing in-place rents to the proforma levels reflected in the rent roll would raise gross potential rent from $72,840 to $78,000 annually, increasing NOI to approximately $46,009 and increasing the overall ROI.
Property Features
Property Type: Commercial -
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Heating: Radiator
Lot Size: 0.00 Acre(S)
Roof Type: Shingle
Taxes: $9,334
Year Built: 1925
Feature Descriptions
Accessibility: Ramp - Main Level
Days on Site: 24
Exterior: Brick
Lot Dimensions: 0.00 Acre(S)
Municipality: CITY OF CHESTER
Sewer: Public Sewer
Total Garage/Parking Spaces: 4
Units: 7
Water: Public
Local Schools
School District: CHESTER-UPLAND
Listed By / Shown By
Listed By
Agency Name: VRA Realty
Agency Phone: 4848001777
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
304 E 9th Street | MLS# PADE2121724
This commercial property located at 304 E 9th Street, Chester, PA 19013 is currently listed for sale with an asking price of $700,000. E 9th Street is located within the CHESTER-UPLAND school district. Search Chester real estate on www.duffyrealestate.com today.