1301 W 3rd Street
Chester, PA 19013
- – beds
- – baths
- 2,380 sqft
- $147 per sqft
- 1941 build
Outstanding opportunity to acquire a value-add 5-unit multifamily property with significant income potential. Three units are currently vacant, with projected gross rents of up to $6,000/month once stabilized. Unit Breakdown: Unit 1: 1BR/1BA – Vacant, cleaned and painted, needs flooring, cabinets, and bathroom upgrade. Unit 2: 2BR/1BA – Vacant, renovations nearly complete and ready for rent. Unit 3: 2BR/1BA – Tenant moving out soon, will need upgrades once vacant. Unit 4: 3BR/1BA – Vacant, cleaned and painted, needs flooring, cabinets, and bathroom. Unit 5: Leased at $750/month This is a prime value-add opportunity for a savvy investor ready to bring units up to market standards. Whether you want to flip, refinance, or hold long-term, this property has strong income potential and room to build equity quickly.
Last checked:
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Last updated Apr 26, 2025
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MLS# PADE2088994 —
The Building
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Year Built:1941
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Concrete
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Building Units Total:1
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Structure Type:Detached
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Architectural Style:Unit/Flat
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Accessibility Features:None
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Foundation Details:Permanent
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Estimated
Interior
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2380
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Living Area SqFt:2,380 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Immediate
Location
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Directions:1301 W 3rd St
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Latitude:39.83986000
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Longitude:-75.37526000
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Lot Size Units:Square Feet
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Lot Size Source:Estimated
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Lot Size Dimensions:68.00 x 35.00
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Lot Dimensions Source:Estimated
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Lot SqFt:0 Sqft
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Zoning:C-1/R (COMMERCIAL/RESIDEN
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Other Structures:Above Grade
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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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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 316-2324
- Office phone:
- (215) 376-4444
Taxes
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Tax ID Number:49-08-00184-00
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Tax Year:2024
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Tax Lot:527-000
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Tax Annual Amount:$6,675
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Tax Assessed Value:$231,010
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Year Assessed:2025
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School Tax:3515.0
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County Tax:894.00
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City/Town Tax:2265.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Natural Gas
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:Chester Upland
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School District Source:Listing Agent
The Community
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Pool:No Pool
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
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One Bedroom Units:1
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Two Bedroom Units:2
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Three Bedroom Units:2
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/26/25
Apr 26, 2025
|
Listed / Active | BRIGHT | $350,000 |
