304 E 9TH ST, Chester, PA 19013
304 E 9TH ST, Chester, PA 19013
304 E 9TH ST, Chester, PA 19013
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Fran Valerio

Fran Valerio

+1(717) 602-0551
Listed by Brady Carroll • VRA Realty
$700,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PADE2121724

Year Built 1925

Annual Tax Amount $9,334

Tax Year 2025

Lot Dimensions 45.00 x 140.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

304 East 9th Street is a fully occupied, 7-unit multifamily property in Chester, Pennsylvania.
This income-producing property consists of six (6) one-bedroom/one-bath units and one (1) studio unit. The entire building was fully gut-renovated in 2014 with new electrical, plumbing, HVAC, and major capital improvements, and there have been many additional minor updates since 2021. The property features four off-street parking spaces along with abundant non-metered street parking.
The property also offers embedded rental upside: increasing in-place rents to the proforma levels reflected in the rent roll would raise gross potential rent from $72,840 to $78,000 annually, increasing NOI to approximately $46,009 and increasing the overall ROI.

Location

State PA

County Delaware

Area City Of Chester (10449)

Zoning C-1/R

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Water Access N

Roof Type Shingle

Accessibility Ramp - Main Level

Total Parking Spaces 4

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Chester-Upland

Others

Tax ID 49-04-00264-00

Ownership Fee Simple

Special Listing Condition Standard

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Bright MLS (BMLS)

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Fran Valerio
Fran Valerio

Listing Specialist, Team Leader | RS RS311467

+1(717) 602-0551 | fvalerio@soldincentralpa.com

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