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921-929 W 3rd st - 921-929 W 3rd St 8 Unit Apartment Building Offered at $1,500,000 at a 7.53% Cap Rate Chester, PA 19013

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INVESTMENT HIGHLIGHTS

Purchase 8 properties on the same parcel at one time
Each property has separate utilities in tenant's name
All new plumbing, electrical, roofs, flooring, hot water heaters, new heating systems

All units are four (4) bedroom and one (1) bath
Each property is beautifully remodeled

EXECUTIVE SUMMARY

The offering is eight separate single family homes all built on a single parcel. All units have been completely renovated top to bottom over the past two years, and tenants pay for all utilities, making this a newer construction investment with minimal expenses. These units are in high demand and lease quickly because they are well located, newly renovated houses as opposed to apartments. There is great value add potential in making all units Section 8 leases moving forward.

OM - 921 W 3rd St Chester

PROPERTY FACTS

Price	$1,500,000	Property Type	Multifamily Multifamily Apartments
Price Per Unit	$187,500	Building Size	10,104 SF
Sale Type	Investment	No. Stories	2
Cap Rate	7.53%	Year Built/Renovated	1925/2024
No. Units	8	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,500,000
Price Per Unit	$187,500
Sale Type	Investment
Cap Rate	7.53%
No. Units	8
Property Type	Multifamily Multifamily Apartments
Building Size	10,104 SF
No. Stories	2
Year Built/Renovated	1925/2024
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.