1121 Madison Street
Chester, PA 19013
- 3 beds
- 1 bath
- 1,568 sqft
- 1,742 sqft lot
- $82 per sqft
- 1930 build
Investor's Dream in Chester, PA – 1121 Madison Street Discover the perfect investment opportunity with this charming property located at 1121 Madison Street in Chester, PA. This tenant-occupied home has been a reliable income source for over five years, currently operating on a month-to-month lease with tenants eager to stay. With a current CAP rate of 9.48% and the potential to reach 10.8% upon lease renewal, this property offers both stability and growth. Step inside to an inviting open-concept layout featuring a spacious living and dining room combo that seamlessly connects to the kitchen. The kitchen, while compact, is designed for efficiency, making meal prep a breeze. Adjacent to the kitchen, you'll find a convenient first-floor laundry area and a bonus mudroom leading to the fully fenced, expansive backyard – a great space for outdoor activities and gatherings. Upstairs, the home offers three well-sized bedrooms, each providing ample closet space for tenants' needs. The full bathroom is equipped with a shower/tub combo, ensuring convenience and versatility. Additionally, the property includes a full, unfinished basement, ideal for extra storage or potential future enhancements. With a total of 1,568 square feet of living space on a 1,612 square foot lot, this property combines comfort, practicality, and investment potential. Don't miss out on this exceptional opportunity to expand your real estate portfolio with a promising asset in Chester, PA. Interested in expanding your rental portfolio even more? Take a look at 1119 Madison, right next door MLS #PADE2084808. Also tenant occupied for immediate rental income! Contact us today to explore this smart investment! Property to sell in As-Is condition, asking price is reflective of the condition.
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Last updated Apr 15, 2025
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MLS# PADE2084876 —
The Building
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Year Built:1930
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Year Built Source:Assessor
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Roof:Flat
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New Construction:No
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Construction Materials:Brick
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Building Levels:2
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Structure Type:Interior Row/Townhouse
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Historic:No
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Architectural Style:Straight Thru
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Levels:2
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Accessibility Features:None
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Full, Unfinished
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Building Winterized:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1568
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:1568
Interior
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Interior Features:Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open
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Flooring Type:Carpet, Ceramic Tile
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Fireplace:No
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Wall & Ceilings:9'+ Ceilings, Plaster Walls
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1568
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Living Area SqFt:1,568 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Conventional, Cash
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Possession:Negotiable
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Lease Considered:No
Location
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Directions:Between W 11th St and Upland
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Latitude:39.85584000
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Longitude:-75.35986000
The Property
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Property Type:Residential
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Property Condition:Average
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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Lot Size Source:Assessor
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Lot Size Dimensions:16.00 x 97.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,742 Sqft
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Exclusions:Tenant belongings, including any tenant owned appliances
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Zoning:RESIDENTIAL
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Other Structures:Above Grade, Below Grade
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Horse:No
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R-10
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (856) 322-2964
- Office phone:
- (267) 380-5813
Taxes
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Tax ID Number:49-02-01217-00
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Tax Year:2024
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Tax Lot:069-000
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Tax Annual Amount:$1,003
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Tax Assessed Value:$34,730
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Year Assessed:2025
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School Tax:528.0
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County Tax:134.00
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City/Town Tax:340.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:3
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Upper Level Bedrooms:3
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Upper Level 1 Bedrooms:3
Baths
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Total Baths:1
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Full Baths:1
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Upper Level Full Baths:1
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Upper Level Total Baths:1
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Upper Level Total Baths:1.00
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Upper Level Full Baths:1
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Radiator
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Laundry Type:Has Laundry, Main Floor, Hookup
Schools
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School District Name:Chester Upland
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School District Source:3rd Party
The Community
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Subdivision Name:None Available
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Senior Community:No
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Exterior Features:Street Lights, Sidewalks
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Pool:No Pool
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Spa:No
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HOA:No
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Condo/Coop Association:No
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Municipal Trash:Yes
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$129,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$690
|
Taxes | $83 |
Insurance | $35 |
Utilities | $165 See report |
Total | $973/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/10/25
Mar 10, 2025
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Listed / Active | BRIGHT | $129,000 | |
3/5/25
Mar 5, 2025
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Sold Subject To Contingencies | BRIGHT | $129,000 | |
2/26/25
Feb 26, 2025
|
Listed / Active | BRIGHT | $129,000 |