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Property profile & analytics
OFF-MARKET
Commercial real estate

23Rd St Chester, PA 19013

7,500 SF 0.2 ac lot Built 1906
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents the Paramount House, a well-established men's recovery home located at 36, 38, and 40 E 23rd Street in Chester, Pennsylvania. The property encompasses a substantial 7,500 square feet on a 0.2-acre lot. Established in 2019, Paramount House boasts a proven track record and currently operates with approximately 36 beds, making it a highly functional and profitable enterprise. The sale includes all existing furnishings (excluding personal belongings), providing a turnkey operation for the new owner. The property features three fully equipped kitchens, ensuring efficient operation and catering to the residents' needs. Six refrigerators and six washer/dryer units are also included, adding to the comprehensive amenities. The living spaces are fully furnished, contributing to a comfortable and supportive environment for the residents. The current General Manager is committed to a six-month transition period, offering invaluable support and continuity for the new owner. This listing is for the real estate only

Property profile
Verified
Property type Commercial real estate
Year built 1906
Total area 7,500 SF
Lot 0.2 ac (8,712 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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