Patterson-Schwartz Real Estate612 Highland Avenue, Chester, PA 19013-1714 $234,900
Interior Sq. Ft: 2,262
Acreage: 0.08
Age:104 years
Taxes: $1,178
Design/Type:
Twin/Semi-Detached
Description
Welcome to 612 Highland Ave, a beautifully renovated duplex offering an excellent investment opportunity in the thriving Chester, PA market. With a CAP Rate of 9.22%, this property promises steady rental income and long-term value appreciation. Situated in a convenient neighborhood, this duplex is perfect for investors looking to capitalize on a strong rental demand while offering tenants a comfortable, modern living space. Property Highlights: Two Separate Units: 1st Floor: Occupied ($1150 Monthly Current Rent)1-bedroom unit with spacious living areas, updated kitchen, and modern bath. This is a long term tenant, in good standing, who. would like to stay. 2nd Floor: Vacant ( Market Monthly Rent $1400) 3-bedroom unit, freshly renovated with a generous layout, updated kitchen, and new bathroom. Renovated Units: Both units feature brand-new LVP flooring, fresh paint, and new windows, providing a clean, bright, and low-maintenance environment. Modern Kitchens: Each unit boasts updated kitchens with new cabinetry, countertops, and energy-efficient appliances, offering a contemporary living experience. Off-Street Parking: Tenants enjoy the convenience of off-street parking, adding value and accessibility to the property. Investment Opportunity: Cap Rate: 9.22% Strong Rental Income Potential: With a mix of an occupied unit and a newly vacated, updated unit, this duplex offers the flexibility to retain current tenants while attracting new renters for the upstairs unit. Low Maintenance: Recent renovations have minimized the need for immediate upkeep, making it an ideal "turnkey" investment. Location: Located in Chester, PA, this duplex is just minutes from local shopping, dining, public transportation, and major highways, offering convenient access to the surrounding areas. Chester is a growing community with an increasing demand for rental properties, making this an exceptional location for investors. Additional Features: Recent Renovations: New LVP flooring, new windows, and updated kitchens throughout both units. Off-Street Parking: Ample parking space for tenants. Turnkey Investment: Ready to start generating rental income immediately with minimal effort. 612 Highland Ave represents a rare opportunity for investors seeking a well-maintained, income-generating property with immediate returns. Don't miss out on this prime duplex in a high-demand rental market! Schedule your showing today!
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Hot Water Heating, Natural Gas, None, None, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
Off Street, On Street
Interior
Outside Entrance Basement, Unfinished Basement, Tile/Brick Flooring, Luxury Vinyl Plank Flooring
Exterior
Flat Roof, Shingle Roof, Brick Exterior
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (23 schools)
Public Middle (7 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Chester Charter Scholars Academy Charter School | Chester Charter Scholars Academy Charter School | K–12 | Chester | 0.41 mi |
| Toby Farms Intermediate School | Chester-Upland School District | 4–8 | Chester | 1.65 mi |
| Northley Middle School | Penn-Delco School District | 6–8 | Aston | 2 mi |
| Chichester Middle School | Chichester School District | 5–8 | Boothwyn | 2.17 mi |
| Talley Middle School | Brandywine School District | 6–8 | Wilmington | 4.24 mi |
| Strath Haven Middle School | Wallingford-Swarthmore School District | 6–8 | Wallingford | 4.38 mi |
| Ridley Middle School | Ridley School District | 6–8 | Ridley Park | 4.56 mi |
Public High (7 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Chester Charter Scholars Academy Charter School | Chester Charter Scholars Academy Charter School | K–12 | Chester | 0.41 mi |
| STEM at Showalter | Chester-Upland School District | 7–12 | Chester | 1.25 mi |
| Chester High School | Chester-Upland School District | 9–12 | Chester | 1.8 mi |
| Sun Valley High School | Penn-Delco School District | 9–12 | Aston | 2.05 mi |
| Chichester Senior High School | Chichester School District | 9–12 | Boothwyn | 2.42 mi |
| Strath Haven High School | Wallingford-Swarthmore School District | 9–12 | Wallingford | 4.32 mi |
| Delaware County Technical High School-As | Delaware County Technical High School | 9–12 | Aston | 4.57 mi |
Private (18 schools)
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This report is a detailed community overview for Chester (19013), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 23
- Average salary of people in this community: $31,970
Community Summary
- Population Density (ppl / mile): 6,140
- Household Size (ppl): 2.57
- Households w/ Children: 68%
Housing Inventory
- Owned: 4,316 (29.0%)
- Rented: 7,900 (53.1%)
- Vacant: 2,663 (17.9%)
- Total: 14,879
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 5.1%
- Some High School: 11.7%
- High School Graduate: 47.7%
- Some College: 17.4%
- Associate Degree: 6.1%
- Bachelor's Degree: 8.9%
- Graduate Degree: 3.1%
Income by dollar range
Median Income: $32,345
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $761
- One Bedroom: $664
- Two Bedroom: $869
- Three Bedroom: $972
- Four Bedroom: $959
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-753-2116
Listing Courtesy of: Compass Pennsylvania, LLC , (267) 380-5813, marianne.dillon@compass.com
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 Patterson-Schwartz Real Estate 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.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 12/24/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
