213 Gray St, Chester, PA 19013

$260,000
1,666
SqFt

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Sold Price
$260,000
List Price
$255,000
Closing Date
Jan 15, 2026
Days on Market
27
Status
CLOSED
MLS#
PADE2104016
Living Area
1,666
Lot Size (Acres)
0.13
Style
Other
Year Built
1950
County
Delaware
School District
Chester-Upland

Property Description

BACK TO ACTIVE PREVIOUS BUYER FELL THROUGH - 2 UNITS (Each 2BR/2BA) With Cap Rate Exceptional investment opportunity in Chester! This legal 2-unit multifamily features two spacious 2-bedroom, 2-bathroom units, both fully occupied with reliable long-term tenants. The property generates $27,816 in annual rental income, producing a strong 10% gross cap rate at the current asking price — an excellent return for any investor seeking immediate cash flow. Each unit offers generous bedroom sizes, full bathrooms, functional layouts, and solid rental appeal. With low annual taxes, stable tenancy, and strong rental demand in the area, this turnkey building delivers steady income from day one. Conveniently located on a quiet residential block near I-95, I-476, public transportation, Widener University, Chester Park, and local amenities. Whether you're expanding your portfolio or searching for a high-yield asset with long-term upside, this duplex is a rare find at this price point.

Additional Information

Area
City Of Chester (10449)
Subdivision
Parkside
Interior Features
Dining Combo
School District
Chester-Upland
Heating
Baseboard
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Exterior Entry, Unfinished

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Listing courtesy of Del Val Realty & Property Management. Contact:

Selling Office: Compass Pennsylvania, LLC.