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$125,000
3
beds
1
bath
1,568
square ft

1121 Madison Street
CHESTER, Pennsylvania 19013

Closed / MLS #PADE2084876 / Townhome / CHESTER
Listing information updated 6/30/2025 at 11:21pm
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.
Architecture Style:
Straight Thru
Exterior Type:
Street Lights,Sidewalks
Basement:
Full,Unfinished
Beds Above Grade:
3
Cooling System:
None
Heating System:
Radiator
Main Level Primary Bedroom:
No
Fireplace:
No
Pool:
No
Age:
95 Years
Roof Type:
Flat
Water Front:
No
Square Feet:
1,568
Lot Size:
1742.00 Square Feet
Acreage:
0.04
Internal Features:
Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open
Tax Amount:
$1,003
Tax Year:
2024
Zip Code:
19013
City:
Chester
County:
Delaware
School District(s):
CHESTER-UPLAND
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Compass Pennsylvania, LLC

Listing Office Phone: 267.380.5813

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1121 Madison Street, Chester, PA 19013 is a townhome which sold for $125,000. 1121 Madison Street features 3 Beds, 1 Bath. This townhome has been listed on RLAH @properties since February 27th, 2025 and was built in 1930.