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About the Listing VANGUARD - 3138971,3364322
27 East 7th Street is a fully occupied, 6-unit multifamily property in Chester, Pennsylvania. Built in 1920 and renovated in 2023, the property consists of five two-bedroom units and one studio unit across 4,617 square feet. The updated unit interiors feature renovated kitchens and baths, vinyl plank flooring, and fresh finishes throughout, positioning the asset for minimal near-term capital requirements. The property offers embedded rental upside: current in-place rent totals $76,500 annually against a market potential of $87,600 - a gap of $11,100 (14.5%). Bringing rents to market would raise NOI to approximately $49,461, improving the cap rate to approximately 8.3%.
Listing Highlights for 27 E 7th St
Status
Active
Days on Site
75
Property Type
Commercial Sale
MLS ®
PADE2122216
Year Built
1890
Total Square Footage
4,617
Lot/Acreage
0.04
Interior Details
- Appliances:
- Air Cond:
- Heating: Baseboard - Electric
- Fireplaces:
- Floor: Laminate Plank
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RESIDENTIAL
- Roof: Flat
- Others: Good
- Sewer: Public Sewer
- Parking Features: Public,On Street,Parking Lot
Financial Details
- Tax Amount: $2,972
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2021
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
27 E 7th St Chester, PA 19013
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