#PADE2089678, Laura Blenman, Listing Office: BHHS Fox & Roach-Concord
1301 W 3rd St Chester, PA 19013
Property details
About 1301 W 3rd St
Outstanding opportunity to acquire a value-add 5-unit multifamily property with significant income potential. Three units are currently vacant, with projected gross rents of up to $6,000/month once stabilized. Unit Breakdown: Unit 1: 1BR/1BA – Vacant, cleaned and painted, needs flooring, cabinets, and bathroom upgrade. Unit 2: 2BR/1BA – Vacant, renovations nearly complete and ready for rent. Unit 3: 2BR/1BA – Tenant moving out soon, will need upgrades once vacant. Unit 4: 3BR/1BA – Vacant, cleaned and painted, needs flooring, cabinets, and bathroom. Unit 5: Leased at $750/month This is a prime value-add opportunity for a savvy investor ready to bring units up to market standards. Whether you want to flip, refinance, or hold long-term, this property has strong income potential and room to build equity quickly.
Highlights
(ACTIVE UNDER CONTRACT)
Summary
- Basement: Yes
- Parking: On Street
- Architectural Style: Unit/Flat
- Heating: Baseboard
- Cooling: Window Unit(s)
- List Price: $350,000
- Price/SqFt: $147
- Annual Tax Amount: $6,298
- Tax Year: 2024
- Directions: 1301 W 3rd St
- Year Built: 1941
- Living Area: 2,380 SqFt
- Municipality: City Of Chester
- MLS Number: PADE2088994
- MLS Name: BRIGHT
- Office Name: Realty Mark Associates
- Office Phone: (215) 376-4444
- Office Email: bill@billmulhern.com
- Listing Agent: Christopher M Purcell
- Agent Phone: (610) 316-2324
- Agent Email: sales@purcellpropertygroup.com
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Last updated on: 5/23/2025, 12:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$350,000
1301 W 3rd St
$4,156
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 05, 2023 | Home Sold | $300,000 |
Jun 29, 2017 | Home Sold | $220,000 |
Jul 16, 2004 | Home Sold | $47,000 |
Aug 10, 1999 | Home Sold | $50,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $231,010 | $6,298 |
2023 | $231,010 | $8,662 |
2022 | $231,010 | $2,958 |
2021 | $231,010 | $8,662 |
2020 | $60,000 | $327 |
History based on county public records data.
Nearby schools
2
Chester Upland School of Arts
Public District PK-5
0.7 mi
•501 W 9th St
2
Main Street School
Public District PK-5
1.2 mi
•704 Main St
4
Stetser Elementary School
Public District PK-6
1.9 mi
•808 E 17th 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 $18,116. The most common annual income of people living in Chester, PA is less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 1301 W 3rd St
The listing price of 1301 W 3rd St property is $350,000.
The property 1301 W 3rd St is a house located in Chester, Pennsylvania, 19013.
Accepting Backup Offers: 1301 W 3rd St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1301 W 3rd St are: Chester Upland School of Arts (GreatSchools Rating 2/10), Main Street School (GreatSchools Rating 2/10), Stetser Elementary School (GreatSchools Rating 4/10), Chester Community Charter School (GreatSchools Rating 2/10), Toby Farms Intermediate School (GreatSchools Rating 3/10), Northley Middle School (GreatSchools Rating 5/10), STEM at Showalter (GreatSchools Rating 4/10), Chester High School (GreatSchools Rating 2/10), Chester Charter Scholars Academy Charter School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $6,298 (source: MLS/based on county public records data).
The last sale was on September 5, 2023 for $300,000 (source: MLS/tax record).
The property at 1301 W 3rd St has 0 bathroom.
The property 1301 W 3rd St is 2,380 SqFt (source: MLS/tax record).
The year of construction for 1301 W 3rd St is 1941.
This home is located at 1301 W 3rd St in Chester, PA and zip code 19013. This 2,380 square foot home was built in 1941. Features: 0 bathroom. It has been listed on Rocket Homes since April 26, 2025 and is currently priced at $350,000.
The number of homes for sale in Chester, PA increased by 64.7% between March and April 2025. In April 2025, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $145,000.