Outstanding opportunity to acquire a value-add 5-unit multifamily property with significant income potential. Three units are currently vacant, with projected gross rents of up to $6,000/month once stabilized. Unit Breakdown: Unit 1: 1BR/1BA – Vacant, cleaned and painted, needs flooring, cabinets, and bathroom upgrade. Unit 2: 2BR/1BA – Vacant, renovations nearly complete and ready for rent. Unit 3: 2BR/1BA – Tenant moving out soon, will need upgrades once vacant. Unit 4: 3BR/1BA – Vacant, cleaned and painted, needs flooring, cabinets, and bathroom. Unit 5: Leased at $750/month This is a prime value-add opportunity for a savvy investor ready to bring units up to market standards. Whether you want to flip, refinance, or hold long-term, this property has strong income potential and room to build equity quickly.
Sold for $300,000 on 06/28/25
$300,000
1301 W 3rd St, Chester, PA 19013
11beds
--baths
2,380sqft
Multi Family
Built in 1941
-- sqft lot
$301,300 Zestimate®
$126/sqft
$1,318 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 30, 2025 at 07:34am
Listed by:
Christopher Purcell 610-316-2324,
Realty Mark Associates-CC
Bought with:
Michael Barrett, AB066990
Coldwell Banker Hearthside Realtors
Source: Bright MLS,MLS#: PADE2088994

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
Heating
- Baseboard, Electric
Cooling
- Window Unit(s), Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,380
- Total interior livable area: 2,380 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,380 sqft
- Dimensions: 68.00 x 35.00
Details
- Additional structures: Above Grade
- Parcel number: 49080018400
- Zoning: C-1/R (COMMERCIAL/RESIDEN
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Concrete
- Foundation: Permanent
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chester
- Municipality: CITY OF CHESTER
Other
Other facts
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple