612 Highland Avenue, Chester, PA 19013 (MLS # PADE2081124)

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Price $234,900 Status Active Beds 4 Baths 0 Bath Home size 2,262 sqft Lot Size 3,485 sqft Days on Market 25

Welcome to 612 Highland Ave, a beautifully renovated duplex offering an excellent investment opportunity in the thriving Chester, PA market. With a CAP Rate of 9.22%, this property promises steady rental income and long-term value appreciation. Situated in a convenient neighborhood, this duplex is perfect for investors looking to capitalize on a strong rental demand while offering tenants a comfortable, modern living space. Property Highlights: Two Separate Units: 1st Floor: Occupied ($1150 Monthly Current Rent)1-bedroom unit with spacious living areas, updated kitchen, and modern bath. This is a long term tenant, in good standing, who. would like to stay. 2nd Floor: Vacant ( Market Monthly Rent $1400) 3-bedroom unit, freshly renovated with a generous layout, updated kitchen, and new bathroom. Renovated Units: Both units feature brand-new LVP flooring, fresh paint, and new windows, providing a clean, bright, and low-maintenance environment. Modern Kitchens: Each unit boasts updated kitchens with new cabinetry, countertops, and energy-efficient appliances, offering a contemporary living experience. Off-Street Parking: Tenants enjoy the convenience of off-street parking, adding value and accessibility to the property. Investment Opportunity: Cap Rate: 9.22% Strong Rental Income Potential: With a mix of an occupied unit and a newly vacated, updated unit, this duplex offers the flexibility to retain current tenants while attracting new renters for the upstairs unit. Low Maintenance: Recent renovations have minimized the need for immediate upkeep, making it an ideal "turnkey" investment. Location: Located in Chester, PA, this duplex is just minutes from local shopping, dining, public transportation, and major highways, offering convenient access to the surrounding areas. Chester is a growing community with an increasing demand for rental properties, making this an exceptional location for investors. Additional Features: Recent Renovations: New LVP flooring, new windows, and updated kitchens throughout both units. Off-Street Parking: Ample parking space for tenants. Turnkey Investment: Ready to start generating rental income immediately with minimal effort. 612 Highland Ave represents a rare opportunity for investors seeking a well-maintained, income-generating property with immediate returns. Don't miss out on this prime duplex in a high-demand rental market! Schedule your showing today!

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Data last updated: 1/9/25 6:00 PM PST

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