13 South Chester Road
13 South Chester Road
Listed By Compass
Listed By Compass
Description
Welcome to 13-15 South Chester Road, a prestigious 4-unit apartment building with 2 commercial spaces located in the bustling commercial district of Swarthmore. This unique property offers an exceptional investment opportunity with its prime location, potential for additional rental income, and recent upgrades. Each of the four one-bedroom, one-bathroom units offers a desirable layout with functional kitchens, full baths with tubs, ample closet...Prime Investment Opportunity in the Heart of Swarthmore !
Welcome to 13-15 South Chester Road, a prestigious 4-unit apartment building with 2 commercial spaces located in the bustling commercial district of Swarthmore. This unique property offers an exceptional investment opportunity with its prime location, potential for additional rental income, and recent upgrades. Each of the four one-bedroom, one-bathroom units offers a desirable layout with functional kitchens, full baths with tubs, ample closet space and wonderful location, providing residents with comfortable and practical living spaces. With stable annual leases for the residential units, this property offers a reliable income stream for investors. Two street-level commercial spaces provide an ideal opportunity for businesses to thrive in a vibrant and high-traffic area. Brooklyn Exotics has a large store front, plus several storage rooms in the back, along with full bath and internal basement access. Pilates Connexion has beautifully set up main space, 2 baths, and external basement access. Please note that commercial spaces have potential to be joined as one large space totaling 3090 sq.ft. Currently, all units are occupied, showcasing the property's attractiveness to long-term tenants. In the bustling downtown area of Swarthmore, where parking can often be a challenge, this property stands out with its offering of private assigned parking for each unit. Residents can enjoy the convenience and peace of mind that comes with having dedicated parking spaces, ensuring easy access and alleviating the typical parking concerns associated with downtown living.
There is also potential with unused space on the third floor ( approx 2/3 size of 2nd floor footage) with possible expanding the rental portfolio and increasing revenue. Buyer will have to go thru approval and obtain permits from Township.
- New Underground Sewage System ( August 2023): A recent upgrade to the building's infrastructure ensures modern functionality and peace of mind for both residents and commercial tenants.
- Detailed income and expense information is available for review, providing transparency and confidence for potential investors.
Location is a prime, across from the Swarthmore train station, as well as from prestigious Swarthmore College campus. Contact us today to learn more about this prime property and take the next step towards securing a valuable asset in a thriving community.
Listing Agent
![Branka Saula]()
branka.saula@compass.comP: 484.639.3748
Property Details for 13 South Chester Road
Location
Property Details for 13 South Chester Road
| Status | Active |
|---|---|
| MLS # | PADE2058546 |
| Days on Market | 142 |
| Taxes | $31,447 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1900 |
| Lot Size | 0.18 AC / 8,000 SF |
| County | Delaware County |
Location
Building Information for 13 South Chester Road
Payment Calculator
$12,417 per month
30 year fixed, 7.25% Interest
$9,796
$2,621
$0
Property Information for 13 South Chester Road
- Transportation: Airport less than 10 miles, Bus Stop less than 1 mile
- School District Name: WALLINGFORD-SWARTHMORE
- School District County ID: 300200396626
- SchoolDistrictSource: Listing Agent
- County: DELAWARE
- MLS Area: Swarthmore Boro (10443)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2023
- Tax Assessed Value: $840,000
- Year Assessed: 2023
- County Tax: $2,469
- Improvement Assessed Value: $510,460
- City Town Tax: $4,656
- Land Assessed Value: $329,540
- Clean Green Assessed: No
- Municipal Trash: No
- Land Use Code: 0
- Historic: No
- Zoning: COMMERCIAL
- Zoning Dscrp: Office, retail, apartments.
- Tax Lot: 075-000
- School Tax: $24,324
- Automatically Update Tax Values Y/N: Yes
- Owner Pays: Insurance, Miscellaneous, Taxes - Real Estate, Trash Collection, Water
- Single Room Units Count: 1
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 0
- Units Leased Count: 6
- Number Of Units Vacant: 0
- Number Of Units Month To Month: 1
- Operating Expense: $45,651
- Gross Income: $123,495
- Gross Scheduled Income: $123,495
- Net Operating Income: $77,844
- Annual Rental Income: $123,495
- Income Includes: Apartment Rentals, Shop Rentals, Parking
- Existing Lease Type: Month to Month, Yearly
- Building Level Count: 2
- Building Units Total: 4
- Total Finished SQFT: 5,580.00
- Total Finished SQFT Source: Estimated
- Tax Total Finished SQFT: .00
- Total SQFT: 5,580.00
- Total SQFT Source: Estimated
- Construction Materials: Brick
- Roof: Flat, Pitched
- Wall and Ceiling Types: Plaster Walls
- Flooring Type: Carpet, Laminated
- Basement Type: Walkout Stairs, Drainage System, Interior Access, Outside Entrance, Rear Entrance, Sump Pump, Unfinished
- Foundation Details: Stone
- Lot Size Source: Estimated
- Lot Size Dimensions: 50.00 x 160.00
- Lot Dimensions Source: Assessor
- Location Type: Downtown
- Parcel ID: 565002
- Type Of Parking: Off Street, Parking Lot
- Parking Lot - # of Spaces: 6
- Number of Assigned Spaces: 6
- Parking Features: Assigned, Paved Parking, Private
- Fireplace: No
- Accessibility Features: None
- Security Features: Carbon Monoxide Detector(s), Fire Detection System, Main Entrance Lock, Smoke Detector
- Exterior Features: Exterior Lighting, Fire Escape, Sidewalks, Street Lights
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Utilities: Electric Available, Natural Gas Available, Phone Available, Water Available
- Heating: Yes
- Cooling Type: Central A/C, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Tri-County Suburban REALTORS
Property History for 13 South Chester Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 13 South Chester Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Private - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Swarthmore-Rutledge School PublicK to 5 | ||
Strath Haven Middle School Public6 to 8 | ||
Strath Haven High School Public9 to 12 | ||
Milagre Kids School Private6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Neighborhood Map and Transit
Similar Homes
Similar Sold Homes
Homes for Sale near Swarthmore
Neighborhoods
- Nether Providence Township - Delaware County
- Ridley Township - Delaware County
- Swarthmorwood
- Rose Valley
- Sun Hill
- Academy Hill
- Sun Village
- Leedom Estates
- Upper Providence Township - Delaware County
- Marple Township - Delaware County
- Parkside - Delaware County
- Edgemont Park
- Middletown Township - Delaware County
- Larkintown
- Darby Township - Delaware County
- Tinicum Township - Delaware County
- Briarcliffe
- Downtown Chester
- Upland
- Ravenscliff
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.