4 months on rocket

428 Penn St, Chester, PA, 19013

$195,000

Home List Price

$2,316*

Closing Credit

0 Baths
1,680 SqFt
$116/SqFt
Multi
Schools Nearby

Location

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428 Penn St, Chester$195,000

Buyer Closing Credits

$2,316*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1900
HeatingHot Water
CoolingNone
BasementYes
MLS #PADE2059498
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 428 Penn St

Welcome to this fantastic investment opportunity in Chester, PA! This well-maintained duplex offers two occupied one-bedroom, one-bathroom units, generating a solid gross income of $27,000 per year, boasting a 9.11% cap rate. Both units feature long-term tenants and have been updated with in-unit laundry facilities, ensuring convenience for the occupants. The property's exterior is equally appealing, with a fenced yard providing privacy and a charming front porch adding to its curb appeal. Conveniently located near Widener University and in close proximity to Philadelphia, this property presents an excellent opportunity for an investor looking to expand their portfolio in a thriving rental market. Don't miss out on this turnkey investment property in a prime location with great income potential. Please note that this property does require flood insurance. Owner pays $200 monthly for flood insurance. Schedule a showing today to explore the possibilities this duplex has to offer!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1900
  • Living Area: 1,680 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Luxury Vinyl Plank, Tile/Brick

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: Just past the corner of 5th and Penn

Municipality:

  • City Of Chester

Price Information

Listing Price Info

Price Summary:

  • List Price: $195,000
  • Price Per SqFt: $116/SqFt

Tax Information:

  • Annual Amount: $1,277
  • 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

428 Penn St vs Chester

135 DAYS ON ROCKET

+110 Days

$195,000

+$80K More

$116/SqFt

+$30 More

KEY TAKEAWAY

This property is $80K more than the Median Sold Price and $30/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: #PADE2059498

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: 5/23/2024, 12:55:35 AM 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
Jan 06, 2014Home Sold
$21,799

Tax History

YEARPROP. TAXASSESSMENT
2021$1,277$34,060
2020$117$21,490
2019$117$21,490
2018$120$21,490
2017$120$21,490

History based on county public records data.

Payment Calculator

$1,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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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-472455
2
/10

  • Chester Upland School of Arts

  • 501 W 9th St

  • 0.33 miles

  • Public District Grades PK-5

school-card-donut-472456
4
/10

  • Stetser Elementary School

  • 808 E 17th St

  • 1.21 miles

  • Public District Grades PK-6

school-card-donut-472457
2
/10

  • Main Street School

  • 704 Main St

  • 1.25 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 $16,761. Residents of Chester, PA typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Delaware County›Chester›19013›428 Penn St

This home is located at 428 Penn St in Chester, PA and zip code 19013. This 1,680 square foot home, which was built in 1900, sits on a 0.04 acre lot. It has been listed on Rocket Homes since January 08, 2024 and is currently priced at $195,000.

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 listings in Chester, PA decreased by 1.2% between March 2024 and April 2024. Listings spent 25 days on the market in April 2024, and had a median list price of $115,000 during the same period.

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

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