Mixed-Use Property with Residential
For Sale
$429,000
2700 - 2702 W 3RD Street, Chester, PA 19013
Multi-Family, CHESTER, PA
Property Size4,192 SF
Lot Size0.04 Acres
Price / SF$102.34
Days on Market114
Property Features for 2700 - 2702 W 3RD Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway, Garage
Elementary school district
CHESTER-UPLAND
Middle school district
CHESTER-UPLAND
High school district
CHESTER-UPLAND
Standard status
Active
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
2483
Utilities
Heating system
Forced Air
Cooling system
Ductless
Amenities
rear garage/loading area
bathroom
existing restaurant infrastructure
Building Details
Year built
1930
Number of units
3
Architectural style
Other
Listing Agency:
EXP Realty, LLC
(888) 543-4829
Listed By:
Alia Grier · License #RS376568
(302) 353-2151
Added: Jun 16
Changed: Oct 2
Last Checked: Oct 7 at 9:06PM
MLS# PADE2117668
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1930, this mixed-use property contains over 4,192 square feet across commercial and residential components. The first floor provides commercial space with existing food-service improvements, a customer entrance, a bathroom, and access to a rear garage and loading area. Forced-air heating and ductless cooling serve the building.
The upper level is configured as a five-bedroom, one-bath residential unit with a separate entrance. The property also includes a driveway and garage, while the 0.04-acre parcel is located in Chester, Pennsylvania. Its combination of commercial infrastructure and a distinct residential floor offers a flexible arrangement for an owner-user or income-oriented ownership strategy, subject to applicable approvals.
The upper level is configured as a five-bedroom, one-bath residential unit with a separate entrance. The property also includes a driveway and garage, while the 0.04-acre parcel is located in Chester, Pennsylvania. Its combination of commercial infrastructure and a distinct residential floor offers a flexible arrangement for an owner-user or income-oriented ownership strategy, subject to applicable approvals.
Key Highlights
- Over 4,192 square feet of mixed‑use space on a 0.04‑acre parcel
- First‑floor commercial area includes existing food‑service improvements and a customer entrance
- Five‑bedroom, one‑bath residential unit with a separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,426
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,520
$508.5K
Cap Rate 7%
$363,229
$363.2K
Cap Rate 9%
$282,511
$282.5K
Market Conditions
NOI Build-Up for 4,192 SF
Gross rent
$39.7K $9.48/SF
− Vacancy
−$3.4K −$0.82/SF
EGI
$36.3K $8.66/SF
− OpEx
−$10.9K −$2.60/SF
NOI
$25.4K $6.07/SF
Area
Delaware County, PA
Vacancy
8.60%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,520
Cap Rate 7%
$363,229
Cap Rate 9%
$282,511
Alternative Uses
Best Use
Specialty Retail
$769.7K
$673.5K – $897.9K
NOI $53,876 @ 7.0% cap · market cap 12.56%
Second Best
Apartment 5plus
$600.3K
$525.3K – $700.4K
NOI $42,023 @ 7.0% cap · market cap 9.80%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,968 @ 7.0% cap · market cap 20.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
Explore this area
Business Placement
Demographics for 19013, PA
34,252
Population
15,664
Households
2.2
Avg Household Size
34
Median Age
13%
College-Educated
86%
High-School Grad
5.6 sq mi
ZIP Area
6,116
Density / Sq Mi
$39,416
Median Household Income
$31,668
Median Earnings
$1,083
Median Rent
$85,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level layout combines commercial space with a separate-entry residential unit.
Where is this mixed-use property located?
The property is located at 2700 - 2702 W 3RD Street Chester, PA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Over 4,192 square feet of mixed‑use space on a 0.04‑acre parcel; First‑floor commercial area includes existing food‑service improvements and a customer entrance; Five‑bedroom, one‑bath residential unit with a separate entrance
