Property Description

Welcome to 331 Rose Street, Chester, PA, a smart investment opportunity in a prime location. This completely remodeled property boasts a total of 3 bedrooms and 1 bathroom across 1470 square feet of living space, situated on a 1969 square foot lot. The first floor unit offers a stylish and modern one-bedroom layout, featuring an in-unit laundry room for added convenience. The living room area showcases a striking brick feature wall, adding character to the space. With an open concept design, the living, dining, and kitchen areas seamlessly flow together, creating an inviting atmosphere for both residents and guests. The kitchen provides ample storage space and offers access to the back porch and fenced backyard, perfect for outdoor relaxation and entertaining. Currently leased with a 1-year lease, the first floor unit presents a lucrative opportunity for the savvy investor. Meanwhile, the upstairs unit comprises 2 bedrooms and shares the same open concept living style, complemented by a stunning brick feature wall. The bathroom features a walk-in shower and linen closet, ensuring both functionality and style. Additionally, the kitchen provides access to a balcony overlooking the backyard, adding a touch of tranquility to the living space. Please note that the property is currently occupied, with Unit 1 tenant on a new annual lease and Unit 2 tenant on a month-to-month lease. The photos provided are all from before the tenants' occupancy, offering a glimpse of the property's potential. With a total gross yearly income of $25,920 and a solid Cap Rate of 10.27%, this property presents a compelling investment opportunity. Don't miss the chance to own this remodeled gem in a desirable location. Schedule a showing today and take the next step towards securing a smart investment in Chester, PA.