612 Highland Avenue
Listed By Compass
Active Under Contract
Listed By Compass
Active Under Contract

Description
Property Highlights:
Two Separate Units:
1st Floor: Occupied ($1150 Monthly...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!
Listing Agent
- jennifer.rothenberger@compass.com
P: (856)-322-2964
Property Details for 612 Highland Avenue
Property Details for 612 Highland Avenue
Status | Active Under Contract |
---|---|
MLS # | PADE2081124 |
Days on Market | 62 |
Taxes | $1,249 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1920 |
Lot Size | 0.08 AC / 3,485 SF |
County | Delaware County |
Building Information for 612 Highland Avenue
Property Information for 612 Highland Avenue
- School District Name: CHESTER-UPLAND
- School District County ID: 300200397352
- SchoolDistrictSource: 3rd Party
- County: DELAWARE
- MLS Area: City Of Chester (10449)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Association Recreation Fee Y/N: No
- Tax Year: 2025
- Tax Assessed Value: $43,220
- Year Assessed: 2025
- County Tax: $167
- Improvement Assessed Value: $33,190
- City Town Tax: $423
- Land Assessed Value: $10,030
- Clean Green Assessed: No
- Land Use Code: R-10
- Historic: No
- Zoning: RESIDENTIAL
- Tax Lot: 502-004
- School Tax: $657
- Automatically Update Tax Values Y/N: Yes
- TaxDataUpdatedYN: No
- Owner Pays: Lawn/Shrub Care, Insurance, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Water
- Single Room Units Count: 0
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 1
- Other Units: Unit 1,Unit 2
- Units Furnished: None
- Units Leased Count: 1
- Number Of Units Vacant: 1
- Number Of Units Month To Month: 1
- Rent Control: No
- Type: Unit 1
- Unit Type Occupied YN: Yes
- Level: 1
- Unit Type Lease Type: Month to Month
- Beds Total: 1
- Half Baths Count: 0
- Full Baths Count: 1
- Unit Type Features: LVP flooring, High Ceilings, New windows, Secure main door, Large kitchen with island
- Total Rooms: 6
- Type: Unit 2
- Unit Type Occupied YN: No
- Level: 2
- Unit Type Lease Type: None
- Beds Total: 3
- Full Baths Count: 1
- Unit Type Features: 2 floors, LVP flooring, in unit laundry, Eat In Kitchen, new windows, main level bathroom, 2 bedrooms on 3rd floor
- Total Rooms: 6
- Operating Expense: $9,745
- Operating Expense Includes: Snow Removal, Insurance
- Insurance Expense: $2,239
- Trash Expense: $0
- Pest Control Expense: $0
- Maintenance Expense: $1,800
- Pool Expense: $0
- Other Expense: $0
- Furniture Replacement Expense: $0
- Professional Management Expense: $0
- Gross Income: $31,303
- Net Operating Income: $21,648
- Annual Rental Income: $31,393
- Income Includes: Other, Apartment Rentals
- Cap Rate: 9.22
- Existing Lease Type: Month to Month
- Year Major Reno Remodel: 2024
- Building Units Total: 2
- Total Finished SQFT: 2,262.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 2,262.00
- Total SQFT: 2,262.00
- Total SQFT Source: Assessor
- Construction Materials: Brick
- Roof: Flat, Shingle
- Flooring Type: Luxury Vinyl Plank, Tile/Brick
- Basement Type: Unfinished, Outside Entrance
- Foundation Details: Other
- Lot Size Source: Assessor
- Lot Size Dimensions: 23.00 x 140.00
- Lot Dimensions Source: Assessor
- Parcel ID: 589171
- Ground Rent Exists: No
- Type Of Parking: On Street, Off Street
- Off Street - # of Spaces: 2
- Fireplace: No
- Accessibility Features: None
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Heating: Yes
- Cooling Type: None
- Cooling Fuel: None
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent URL: www.jensellssj.com
Property History for 612 Highland Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 612 Highland Avenue
Schools near 612 Highland Avenue
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 7 to 12 | |||
Public - | PK to 5 | |||
Public - | 4 to 8 |
Rating | School | Distance |
---|---|---|
Chester Upland School Of Arts PublicPK to 5 | ||
STEM AT SHOWALTER Public7 to 12 | ||
Main Street School PublicPK to 5 | ||
Toby Farms Intermediate School Public4 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.