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213 Gray Street

CHESTER, PA 19013
  • $255,000
  • STATUS: Active Under Contract
  • ON SITE: 18 Days
  • ID#: PADE2104016
Under Contract
UPDATED: 43 min ago
$255,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,666
    SQFT
  • $153
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

School District:

Description

2 UNITS (Each 2BR/2BA) With Cap RateExceptional investment opportunity in Chester! This legal 2-unit multifamily features two spacious 2-bedroom, 2-bathroom units, both fully occupied with reliable long-term tenants. The property generates $27,816 in annual rental income, producing a strong 10% gross cap rate at the current asking price " an excellent return for any investor seeking immediate cash flow.Each unit offers generous bedroom sizes, full bathrooms, functional layouts, and solid rental appeal. With low annual taxes, stable tenancy, and strong rental demand in the area, this turnkey building delivers steady income from day one.Conveniently located on a quiet residential block near I-95, I-476, public transportation, Widener University, Chester Park, and local amenities. Whether you're expanding your portfolio or searching for a high-yield asset with long-term upside, this duplex is a rare find at this price point.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nesbitt Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-12-04T17:55:06.667.
www.nesbitt.realestate/homes/169980091
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213 Gray Street CHESTER, PA 19013

  • Price: $255,000
  • Status: Active Under Contract
  • On Site: 18 Days
  • Updated: 43 min ago
  • ID#: PADE2104016
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1,666
SQFT
$153
$/SQFT
1950
Built
Neighborhood:
Parkside
County:
Delaware
Area:
City Of Chester (10449)
School District:
Chester-Upland
Property Description
2 UNITS (Each 2BR/2BA) With Cap RateExceptional investment opportunity in Chester! This legal 2-unit multifamily features two spacious 2-bedroom, 2-bathroom units, both fully occupied with reliable long-term tenants. The property generates $27,816 in annual rental income, producing a strong 10% gross cap rate at the current asking price " an excellent return for any investor seeking immediate cash flow.Each unit offers generous bedroom sizes, full bathrooms, functional layouts, and solid rental appeal. With low annual taxes, stable tenancy, and strong rental demand in the area, this turnkey building delivers steady income from day one.Conveniently located on a quiet residential block near I-95, I-476, public transportation, Widener University, Chester Park, and local amenities. Whether you're expanding your portfolio or searching for a high-yield asset with long-term upside, this duplex is a rare find at this price point.
Exterior Features

Architectural Style Other Construction Materials FrameMasonry Garage YN No Parking Types Driveway Pool No Pool Property Condition Good Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1666 Appliances RefrigeratorOven/Range - Gas Basement Outside EntranceUnfinished Basement YN Yes Below Grade Finished Area 0 Cooling None Fireplace YN No Heating Baseboard - Hot Water Heating YN Yes Interior Features Combination Dining/Living Rooms Total 9 Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 2 Units Furnished None

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel None Existing Lease Type Yearly Foundation Details Concrete Perimeter Gross Income 27816.00 Heating Fuel Natural Gas Historic YN No Hot Water Electric Lease Considered YN No Municipality CITY OF CHESTER Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 1 Number Of Units Vacant 0 Original MLSNumber 804314125446 Ownership Interest Fee Simple Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 0.00 Tax Lot 111-000 Total Actual Rent 27816.00 Vacation Rental YN No Water Source Community Zoning R-20 Zoning Description Two family

Listing courtesy of Del Val Realty & Property Management: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nesbitt Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-12-04T17:55:06.667.
 
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