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.
Listed By
Agency Name: VRA Realty
Agency Phone: 4848001777
Shown By
Agent Name: Stephanie Frysinger
Agent Phone: (610) 609-1167
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First American
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
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 stephaniefrysinger.homesale.com today.