1121 Madison Street

Chester PA 19013

1568 sq. ft.

1742 sq. ft.

Townhouse

Last sold for $125,000

Jennifer Rothenberger, last sold this property on 30 June 2025 after 123 days on market.

Overview

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.

Features

3 bedrooms

1 bathroom

1568 sq. ft. floor area

1742 sq. ft. lot size

Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Chester over the last 12 months, the estimated median property value of 1121 Madison Street is $131.25k.

Median value

$131.25k

Estimated value range

$30k - $260k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chester. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.