#PADE2080642, Abigail C Manero, Listing Office: Wayne Realty Corporation
1119 Madison St Chester, PA 19013
Property details
About 1119 Madison St
**Investor's Dream in Chester, PA – Tenant-Occupied Gem with Strong Returns** Welcome to 1119 Madison Street, a smart investment opportunity with an established tenant history. This brick row home is tenant-occupied, offering flexibility with a month-to-month lease. The current tenants have called this place home for 9 years and wishes to continue their stay. Property Highlights: - Strong Investment Potential: With a current CAP rate of 8.6% and the potential for an impressive 10.7% when rented at market value, this property is an ideal addition to your portfolio. - Spacious Living: The home offers a generous 1,256 square feet of living space, featuring an open concept living and dining area that seamlessly flows into the kitchen, perfect for modern living. - Unique Layout: The second floor hosts two bedrooms and a full bathroom, along with a large laundry room for convenience. The third floor adds character with a third bedroom, complete with interesting angles and ample closet space. - Outdoor Space: Enjoy the privacy of a fully fenced backyard, a rare find for row homes in this area. This property is set on a total lot size of 1,612 square feet, providing ample space for tenants to enjoy. Don't miss out on this opportunity to own a property with strong returns and a stable tenant history. This could be paired with 1121 Madison which is also listed, MLS# PADE2084876, to further expand your investment portfolio. Contact us today to explore this investment potential further.
Highlights
(ACTIVE)
Summary
- MLS Number: PADE2084808
- MLS Name: BRIGHT
- Office Name: Compass Pennsylvania, LLC
- Office Phone: (267) 380-5813
- Office Email: marianne.dillon@compass.com
- Listing Agent: Jennifer J Rothenberger
- Agent Phone: (856) 322-2964
- Agent Email: jennifer.rothenberger@compass.com
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Last updated on: 3/3/2025, 4:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$129,000
1119 Madison St
$1,532
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 06, 2021 | Home Sold | $5,209,000 |
Feb 04, 2008 | Home Sold | $51,111 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $28,600 | $779 |
2023 | $28,600 | $1,072 |
2022 | $28,600 | $366 |
2021 | $28,600 | $1,072 |
2020 | $9,110 | $49 |
2019 | $9,110 | $49 |
2018 | $9,110 | $51 |
2017 | $9,110 | $51 |
History based on county public records data.
Nearby schools
4
Stetser Elementary School
Public District PK-6
0.6 mi
•808 E 17th St
2
Chester Upland School of Arts
Public District PK-5
0.7 mi
•501 W 9th St
4
Eddystone Elementary School
Public District KG-5
1.0 mi
•1410 E 9th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,720. Residents of Chester, PA typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1119 Madison St
This home is located at 1119 Madison St in Chester, PA and zip code 19013. This 1,256 square foot home, which was built in 1930, sits on a 0.04 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 27, 2025 and is currently priced at $129,000.
Chester, PA housing market in February 2025 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 4 sold below. In February 2025 in Chester, PA there were 17.4% more homes for sale than in January. In February 2025, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $134,449.