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.
| MLS # | PADE2121724 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1925 |
| Days On Site | 48 |
| Listing Provided By | VRA Realty | Brady M Carroll |
| Units | 7 |
|---|---|
| Zoning | C-1/R |
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiator |
| Roof | Shingle |
|---|---|
| Construction Materials | Brick |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 9334 |
|---|
| State | PA |
|---|---|
| County | DELAWARE PA |
| City | CHESTER |
| Zip Code | 19013 |
| Area | City Of Chester (10449) |
| School District | CHESTER-UPLAND |
| Listing VS Median (in 19013) | |
Price: $700,000 low | high Med: $125,250 On site: 48 low | high Med: 119 | |
| State | PA |
|---|---|
| County | DELAWARE PA |
| City | CHESTER |
| Zip Code | 19013 |
| Area | City Of Chester (10449) |
| School District | CHESTER-UPLAND |
| Listing VS Median (in 19013) | |
Price: $700,000 low | high Med: $125,250 On site: 48 low | high Med: 119 | |
![]() | $180,000924 Madison StChester, PA 19013 |
$100,000337 E 9thChester, PA 19013 | |
![]() | $1,475814 Upland StChester, PA 19013 |
![]() | $180,0001003 Madison StChester, PA 19013 |