426 Highland Avenue

Description

This stellar package in the heart of Chester features side-by-side properties: a nearly complete duplex and a shell. These properties offer an excellent opportunity for both homeowners and investors alike. The duplex features two separate units with separate utilities.Meet 426 Highland Ave: This shell is perfect for the investor who is ready to take on a challenge. Drive-by is recommended, there are no floors. Rehab to a three (3) bedroom for $1300-$1500 in rent or turn it into a 1-1 duplex for $950- $1200 (based off are rents) per unit per month. Meet 424 Highland Ave: With a touch of sweat equity finish the rehab on this legal duplex. Each unit is one (1) bedroom and one (1) bathroom. It has new electricity and most of the plumbing is new. Just add heat and finishes to get rents for $950 - $1200 (based off of area rents) and gross 24k a year. On the first floor, the floorplan is a bedroom, living room, kitchen, and bathroom, with an exit to a spacious rear backyard that goes waaaay back. The second floor features a front bedroom, living room in the center, bathroom, and then kitchen with washer/dryer hookup and rear fire escape exit to the large backyard.The huge lot size on both these properties offers many options.At is best use these 2 properties can bring in a total of $48,000 a year!!!Located just a half mile from the Union Soccer Stadium at Subaru Park about 2 miles to Harrah+GGs Philadelphia Casino and Racetrack. Moments from 95 to easily get to Delaware, Philadelphia or even New York City.