Patterson-Schwartz Real Estate1121 Madison Street, Chester, PA 19013-5924 $129,000
Interior Sq. Ft: 1,568
Acreage: 0.04
Age:95 years
Style:
Straight Thru
Subdivision: None Available
Design/Type:
Interior Row/Townhouse
Description
Investor's Dream in Chester, PA – 1121 Madison Street Discover the perfect investment opportunity with this charming property located at 1121 Madison Street in Chester, PA. This tenant-occupied home has been a reliable income source for over five years, currently operating on a month-to-month lease with tenants eager to stay. With a current CAP rate of 9.48% and the potential to reach 10.8% upon lease renewal, this property offers both stability and growth. Step inside to an inviting open-concept layout featuring a spacious living and dining room combo that seamlessly connects to the kitchen. The kitchen, while compact, is designed for efficiency, making meal prep a breeze. Adjacent to the kitchen, you'll find a convenient first-floor laundry area and a bonus mudroom leading to the fully fenced, expansive backyard – a great space for outdoor activities and gatherings. Upstairs, the home offers three well-sized bedrooms, each providing ample closet space for tenants' needs. The full bathroom is equipped with a shower/tub combo, ensuring convenience and versatility. Additionally, the property includes a full, unfinished basement, ideal for extra storage or potential future enhancements. With a total of 1,568 square feet of living space on a 1,612 square foot lot, this property combines comfort, practicality, and investment potential. Don't miss out on this exceptional opportunity to expand your real estate portfolio with a promising asset in Chester, PA. Interested in expanding your rental portfolio even more? Take a look at 1119 Madison, right next door MLS #PADE2084808. Also tenant occupied for immediate rental income! Contact us today to explore this smart investment!
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Radiator Heating, Natural Gas, None, None, Hot Water - Electric, Public Water, Public Sewer, Has Laundry, Hookup Laundry, Main Floor Laundry
Garage/Parking
On Street
Interior
Carpet, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Full Basement, Unfinished Basement, Carpet Flooring, Ceramic Tile Flooring, 9'+ Ceilings, Plaster Walls
Exterior
Stone Foundation, Flat Roof, Brick Exterior, Sidewalks, Street Lights
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 (34 schools)
Public Middle (7 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Toby Farms Intermediate School | Chester-Upland School District | 4–8 | Chester | 1.7 mi |
| Ridley Middle School | Ridley School District | 6–8 | Ridley Park | 2.23 mi |
| Chester Charter Scholars Academy Charter School | Chester Charter Scholars Academy Charter School | K–12 | Chester | 2.41 mi |
| Strath Haven Middle School | Wallingford-Swarthmore School District | 6–8 | Wallingford | 2.78 mi |
| Northley Middle School | Penn-Delco School District | 6–8 | Aston | 2.79 mi |
| Chichester Middle School | Chichester School District | 5–8 | Boothwyn | 4.3 mi |
| Richardson Middle School | Springfield School District | 6–8 | Springfield | 4.85 mi |
Public High (9 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Chester High School | Chester-Upland School District | 9–12 | Chester | 0.53 mi |
| STEM at Showalter | Chester-Upland School District | 7–12 | Chester | 1.1 mi |
| Chester Charter Scholars Academy Charter School | Chester Charter Scholars Academy Charter School | K–12 | Chester | 2.41 mi |
| Strath Haven High School | Wallingford-Swarthmore School District | 9–12 | Wallingford | 2.76 mi |
| Ridley High School | Ridley School District | 9–12 | Folsom | 2.79 mi |
| Sun Valley High School | Penn-Delco School District | 9–12 | Aston | 3.01 mi |
| Interboro Senior High School | Interboro School District | 9–12 | Prospect Park | 3.88 mi |
| Chichester Senior High School | Chichester School District | 9–12 | Boothwyn | 4.38 mi |
| Delaware County Technical High School-Fo | Delaware County Technical High School | 9–12 | Folcroft | 4.94 mi |
Private (21 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
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 410-392-6500 ext 133
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 2/28/2025.
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.
