331 Rose Street

Chester, PA 19013

$185,000
Price
3
Beds
2
Baths
1,470 Sq. Ft.
$126 / Sq. Ft.
1,470
Sq. Ft.
$126
per Sq. Ft.

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...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.

Property Details for 331 Rose Street

Tax ID Number
49-02-01652-00
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Traditional
Waterfront
No
Garage
No
Municipality
CITY OF CHESTER
Central Air
No

Location

Add your commute
LISTING UPDATED: 04/22/2024 09:26 AM

Property Details for 331 Rose Street

StatusPending
MLS #PADE2064810
Days on Market19
Taxes$935 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1940
Lot Size0.05 AC / 2,178 SF
CountyDelaware County

Location

Add your commute

Building Information for 331 Rose Street

Stories-Residences1Year Built1940Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$1,088 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,010

Property Taxes

$78

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 331 Rose Street

Location
Location
  • School District Name: CHESTER-UPLAND
  • School District County ID: 300200397352
  • SchoolDistrictSource: 3rd Party
  • County: DELAWARE
  • MLS Area: City Of Chester (10449)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $34,500
  • Year Assessed: 2023
  • County Tax: $103
  • Improvement Assessed Value: $28,120
  • City Town Tax: $338
  • Land Assessed Value: $6,380
  • Clean Green Assessed: No
  • Land Use Code: R-10
  • Historic: No
  • Zoning: RES
  • Tax Lot: 121-000
  • School Tax: $493
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Insurance, Lawn/Shrub Care, Management, Repairs, Taxes - Real Estate
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Furnished: None
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 1
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
Financial Information
Expenses
  • Operating Expense: $7,428
  • Operating Expense Includes: Insurance, Snow Removal, Trash
  • Insurance Expense: $1,201
  • Trash Expense: $0
  • Pest Control Expense: $0
  • Maintenance Expense: $1,600
  • Pool Expense: $0
  • Other Expense: $0
  • Furniture Replacement Expense: $0
  • Professional Management Expense: $0
Financial Information
  • Gross Income: $25,920
  • Net Operating Income: $18,492
  • Annual Rental Income: $25,920
  • Income Includes: Apartment Rentals, Other
  • Cap Rate: 10.27
  • Existing Lease Type: Month to Month, Yearly
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 1,470.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 20.00 x 104.28
  • Lot Dimensions Source: Assessor
  • Parcel ID: 580121
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors
  • List Agent URL: www.jensellssj.com

Property History for 331 Rose Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 331 Rose Street

Taxable ValueLand$6,380Additions$28,120Total$34,500
Tax Record2023$1,294 ($108 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,470 SqFtAbove Grade Finished SqFt1,470 SqFtStories2Lot Size1,969 SqFtStyleSingle Family ResidenceYear Built1940CountyDELAWAREAPN49-02-01652-00

Schools near 331 Rose Street

This home is within Chester-Upland School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Stetser El School
PublicPK to 6

STEM AT SHOWALTER
Public7 to 12

Chester High School - Main Campus
Public9 to 12

Chester Upland School Of Arts
PublicPK to 5

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.

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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.