Bought with Christopher D McCloskey • Long & Foster Real Estate, Inc.
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1113-120 MORTON AVE Chester, PA 19013
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Key Details
Sold Price $179,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PADE2058154
Sold Date 02/29/24
Style Other
Year Built 1988
Annual Tax Amount $2,753
Tax Year 2023
Lot Dimensions 28.00 x 42.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Exceptional Investment Opportunity: Six-Property Package $850K for all 12 Units in Chester, Close to I-95
Feast your eyes on this remarkable six-property package located in Chester, conveniently close to I-95. This collection of properties on Morton Street presents a unique and lucrative investment opportunity, perfect for those looking to expand their real estate portfolio with multi-unit residences.
PACKAGE CAN BE SEVERED/SEPARATED
THIS - : 3 Units 1 bed 1 bath able to rent ready to collect from a tenant if need be or move in one. $ 27,900 YRLY both units
Portfolio Highlights:
Diverse Property Mix: This package includes five multi-unit properties and one single-family residence, offering a diverse investment profile. Each property has its own charm and potential, providing a variety of options for rental income.
Convenient Location: Situated near the bustling I-95 corridor, these properties offer easy access to major transportation routes, making them attractive for commuters and ensuring consistent rental demand.
1105 Morton: A multi-unit dwelling with distinct character and potential for high rental yield. $18,480 YRLY
1109 Morton: 2 Units 1 bed 1 bath and a 2 Bed 1 bath $21,120 YRLY
1111 Morton: 2 Units 1 bed 1 bath and a 2 Bed 1 bath upgraded . $ 22,080 YRLY
1113 Morton: This 3 UNIT property adds to the portfolio with its unique layout and rental possibilities. $27,900
1115 Morton: 2 UNITS compliments the portfolio with its solid structure and appealing $19,800 YRLY
1123 Morton (3-Bedroom Semi-Detached): The gem of the package, this single-family residence offers a different appeal with its larger living space and potential for higher rent or owner-occupancy. $16, 440 YRLY
A Smart Investment Move: This property package on Morton Street is not just a collection of buildings; it's a well-rounded investment in a prime location with significant income potential. Each property has been selected for its individual strengths and collective synergy, creating an investment opportunity that's hard to find.
Seize the Opportunity: Whether you're looking to diversify your investment portfolio or seeking a robust entry into real estate investment, this package in Chester is worth exploring. Contact us for more details and to discuss the potential of each property in this unique investment package.
Location
State PA
County Delaware
Area City Of Chester (10449)
Zoning MULTI UNIT
Interior
Hot Water Natural Gas
Heating Other
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Chester-Upland
Others
Tax ID 49-02-01364-00
Ownership Fee Simple
Acceptable Financing Private, Cash, Conventional, Other
Listing Terms Private, Cash, Conventional, Other
Financing Private,Cash,Conventional,Other
Special Listing Condition Standard
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