Description
Welcome to 612 Highland Ave, a beautifully renovated duplex offering an excellent investment opportunity in the thriving Chester, PA market. With a CAP Rate of 9.22%, this property promises steady rental income and long-term value appreciation. Situated in a convenient neighborhood, this duplex is perfect for investors looking to capitalize on a strong rental demand while offering tenants a comfortable, modern living space.Property Highlights:Two Separate Units:1st Floor: Occupied ($1150 Monthly Current Rent)1-bedroom unit with spacious living areas, updated kitchen, and modern bath. This is a long term tenant, in good standing, who. would like to stay. 2nd Floor: Vacant ( Market Monthly Rent $1400) 3-bedroom unit, freshly renovated with a generous layout, updated kitchen, and new bathroom.Renovated Units: Both units feature brand-new LVP flooring, fresh paint, and new windows, providing a clean, bright, and low-maintenance environment.Modern Kitchens: Each unit boasts updated kitchens with new cabinetry, countertops, and energy-efficient appliances, offering a contemporary living experience.Off-Street Parking: Tenants enjoy the convenience of off-street parking, adding value and accessibility to the property.Investment Opportunity:Cap Rate: 9.22%Strong Rental Income Potential: With a mix of an occupied unit and a newly vacated, updated unit, this duplex offers the flexibility to retain current tenants while attracting new renters for the upstairs unit.Low Maintenance: Recent renovations have minimized the need for immediate upkeep, making it an ideal "turnkey" investment.Location:Located in Chester, PA, this duplex is just minutes from local shopping, dining, public transportation, and major highways, offering convenient access to the surrounding areas. Chester is a growing community with an increasing demand for rental properties, making this an exceptional location for investors.Additional Features:Recent Renovations: New LVP flooring, new windows, and updated kitchens throughout both units.Off-Street Parking: Ample parking space for tenants.Turnkey Investment: Ready to start generating rental income immediately with minimal effort.612 Highland Ave represents a rare opportunity for investors seeking a well-maintained, income-generating property with immediate returns. Don't miss out on this prime duplex in a high-demand rental market!Schedule your showing today!
-
0BEDS
-
0.08ACRES
-
0BATHS
-
01/2 BATHS
-
2,262SQFT
-
$102$/SQFT
Description
Welcome to 612 Highland Ave, a beautifully renovated duplex offering an excellent investment opportunity in the thriving Chester, PA market. With a CAP Rate of 9.22%, this property promises steady rental income and long-term value appreciation. Situated in a convenient neighborhood, this duplex is perfect for investors looking to capitalize on a strong rental demand while offering tenants a comfortable, modern living space.Property Highlights:Two Separate Units:1st Floor: Occupied ($1150 Monthly Current Rent)1-bedroom unit with spacious living areas, updated kitchen, and modern bath. This is a long term tenant, in good standing, who. would like to stay. 2nd Floor: Vacant ( Market Monthly Rent $1400) 3-bedroom unit, freshly renovated with a generous layout, updated kitchen, and new bathroom.Renovated Units: Both units feature brand-new LVP flooring, fresh paint, and new windows, providing a clean, bright, and low-maintenance environment.Modern Kitchens: Each unit boasts updated kitchens with new cabinetry, countertops, and energy-efficient appliances, offering a contemporary living experience.Off-Street Parking: Tenants enjoy the convenience of off-street parking, adding value and accessibility to the property.Investment Opportunity:Cap Rate: 9.22%Strong Rental Income Potential: With a mix of an occupied unit and a newly vacated, updated unit, this duplex offers the flexibility to retain current tenants while attracting new renters for the upstairs unit.Low Maintenance: Recent renovations have minimized the need for immediate upkeep, making it an ideal "turnkey" investment.Location:Located in Chester, PA, this duplex is just minutes from local shopping, dining, public transportation, and major highways, offering convenient access to the surrounding areas. Chester is a growing community with an increasing demand for rental properties, making this an exceptional location for investors.Additional Features:Recent Renovations: New LVP flooring, new windows, and updated kitchens throughout both units.Off-Street Parking: Ample parking space for tenants.Turnkey Investment: Ready to start generating rental income immediately with minimal effort.612 Highland Ave represents a rare opportunity for investors seeking a well-maintained, income-generating property with immediate returns. Don't miss out on this prime duplex in a high-demand rental market!Schedule your showing today!
©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eric Askew | RE/MAX Experience. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-12T20:52:22.96.