Primary listing photo

1011 Remington St, Chester, PA, 19013

3beds
1baths
1,008sqft
$107,000
$106price/sqft
$977/moest. monthly cost
$39,080/yrincome needed

About This Home

1011 Remington Street is a tenant-occupied 3-bedroom, 1-bathroom investment opportunity in Chester producing immediate income at $1,200 per month, with a recently renewed lease. Based on current performance, this property offers a projected 9.8% cap rate!!! Making it a compelling addition to any cash-flow-focused portfolio. The home features forced air heat, solid structure, and a reliable tenant with minimal issues reported. While some light cosmetic updates could increase long-term value, the property is already performing. The tall, dry basement is a major upside play — ideal for finishing to increase rental income, improve valuation, or create additional usable living space. Yes, a dry basement in THIS neighborhood! Location strengthens the investment Located in Chester with easy access to major roads, public transit, and nearby amenities. Tenant Occupied – Income Producing Bedrooms | 1 Bathroom Projected 9.8% Cap Rate Message me for details, the rent roll, or to schedule a showing. Investors welcome!

Getting Around

66
WalkingSomewhat Walkable
48
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

3/10
Edgmont Scholars AcademyGrades K-80.6 mi
5/10
Stetser El SchoolGrades PK-60.5 mi

Construction

Condition

  • Property condition: Average
  • Year built: 1940

Materials

  • Foundation: Stone
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: AirLite
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full,Heated,Interior Entry,Concrete,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Combination Kitchen/Living,Dry Wall
  • Flooring: Laminate
  • Finished area below ground: 0
  • Finished area above ground: 1,008

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,008
  • Total interior livable area: 1,008 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 49050121700
  • Zoning: R-10
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Exterior features: Lighting,Sidewalks

Lot

  • Lot size: 1,742 sqft
  • Lot size dimensions: 21.00 x 70.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes