Welcome to 202 East 21st Street in Chester, PA—a prime investment property boasting a remarkable CAP rate of 9.32%. This charming 1,514 square foot brick home seamlessly combines historic charm with modern potential, making it an ideal choice for savvy investors. Adding to the home's unique character is the charming curved front door, original to the home, which greets you with a touch of elegance. The well-sized front porch, accessed through French doors off the living room, provides a delightful outdoor space for relaxation or entertaining. Inside, the first floor offers the inviting ambiance of an open floor plan, seamlessly blending style and functionality. The large living room, featuring a non-functioning fireplace with a grand mantle, serves as a striking focal point. This space flows effortlessly into the dining room and is open to a kitchen that impresses with abundant storage and a center island—perfect for both cooking and entertaining. The entire first floor is adorned with luxury vinyl plank flooring, enhancing the modern feel of the space. Upstairs, you'll find three spacious bedrooms and one well-appointed bathroom. The primary bedroom stands out with its vaulted ceiling and two large closets, offering ample storage and a touch of elegance. For investors, this property presents a robust opportunity with a tenant in good standing on a month-to-month lease. The tenant has made this their home for over six years and is eager to continue residing here, ensuring immediate and consistent rental income for the new owner. While the home does require some repairs, the listing price reflects this, offering an excellent chance to add value. This property is a gem for any investor looking to expand their portfolio with a reliable, income-generating asset in Chester. Don’t miss this opportunity to invest wisely in a promising market!

Listing courtesy of Compass Pennsylvania, LLC



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