1 month on rocket

2115 Madison St, Chester, PA, 19013

$185,500

Home List Price

$2,203*

Closing Credit

0 Baths
1,505 SqFt
$123/SqFt
Multi
Schools Nearby

Location

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2115 Madison St, Chester$185,500

Buyer Closing Credits

$2,203*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1920
HeatingRadiant
CoolingNone
MLS #PADE2063190
Lot Size0.11 Acres
StatusActive
(ACTIVE)

About 2115 Madison St

Welcome to 2115 Madison Street, a modern duplex offering an incredible investment opportunity in Chester, PA. This property boasts two spacious units, with a 2-bedroom unit and a 1-bedroom unit, both currently occupied. The total square footage of this property is 1505 square feet, nestled on a generous lot spanning 4792 square feet. Each unit within this duplex features private access, open floor plans, and in-unit laundry facilities, providing modern convenience for its residents. The property is in good condition with contemporary touches, ensuring a comfortable and stylish living environment. As an investor's dream, the current annual rental income stands at $22,220, yielding an impressive 8.2% cap rate. With the potential for increased rents, the projected annual income could reach $28,080, resulting in an 11% cap rate. This presents an outstanding opportunity for a savvy investor to maximize returns in a rapidly growing market. Don't miss out on the chance to own this lucrative multi-family unit with a promising future. Schedule a showing today and seize the opportunity to add this modern duplex to your investment portfolio.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1920
  • Living Area: 1,505 SqFt

Listing Office:

  • Office Name: Compass New Jersey, LLC - Moorestown
  • Office Phone: (856) 214-2639
  • Listing Agent: Jennifer J Rothenberger

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: Off 22nd St

Municipality:

  • City Of Chester

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,500
  • Price Per SqFt: $123/SqFt

Tax Information:

  • Annual Amount: $2,351
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Chester, PA.

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Chester, PA

City

Med. Sold Price

$115K

Med. Price/SqFt

$85

Avg. Days On Market

25

# of Sold Homes

15

2115 Madison St vs Chester

51 DAYS ON ROCKET

+26 Days

$185,500

+$70.5K More

$123/SqFt

+$37 More

KEY TAKEAWAY

This property is $70.5K more than the Median Sold Price and $37/SqFt more than other homes in Chester, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PADE2063190

Listing Office:

  • Office Name: Compass New Jersey, LLC - Moorestown
  • Office Phone: (856) 214-2639
  • Listing Agent: Jennifer J Rothenberger

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 10:20:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 06, 2021Home Sold
$5,209,000
May 02, 2011Home Sold
$20,116

Tax History

YEARPROP. TAXASSESSMENT
2021$2,351$62,700
2020$270$49,510
2019$270$49,510
2018$277$49,510
2017$277$49,510

History based on county public records data.

Payment Calculator

$993

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$623

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4418510
4
/10

  • Stetser Elementary School

  • 808 E 17th St

  • 0.43 miles

  • Public District Grades PK-6

school-card-donut-4418511
5
/10

  • Parkside Elementary School

  • 2 E Forrestview Rd

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-4418512
2
/10

  • Main Street School

  • 704 Main St

  • 1.06 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,157. The most common annual income of people living in Chester, PA is less than $35k. The majority of families are single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Delaware County›Chester›19013›2115 Madison St

This home is located at 2115 Madison St in Chester, PA and zip code 19013. This 1,505 square foot home, which was built in 1920, sits on a 0.11 acre lot. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $185,500.

In April 2024 more than 5 listings in Chester, PA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 8 were sold below. The number of homes for sale in Chester, PA decreased by 1.2% between March 2024 and April 2024. In April 2024 median list price was $115,000 and the average listing age was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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