Residential Income
502 West 10th Street Chester, PA 19013
For Sale
$183,000
Two-unit residential income property offered for sale in Chester Township, Delaware County, Pennsylvania.
Property Size1,192 SF
Price / SF$153.52
Days on Market60
Property Features for 502 West 10th Street
General Information
- Standard status
- Active
- Size
- 1,192 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1930
Listing Agency:
RE/MAX Ace Realty
(835) 220-4600
Listed By:
Yusuf Sharif
(835) 220-4600
Source:
Compass
Added: May 28
Changed: Jul 10
Last Checked: Jul 26 at 11:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Ace Realty
Investment Insights
Based on property information with market context.
This for-sale residential income duplex is located at 502 West 10th Street, Chester, PA 19013. The property is identified as a duplex within Delaware County’s Chester Township (MLS Area 10407) listing area.
Additional record information ties the site to the Chester-Upland School District, with Chester High School listed as CHESTER HIGH SCHOOL - MAIN CAMPUS. Beyond the duplex classification, no further property condition, unit layout, or exterior details are provided in the available information.
For buyers and investors seeking a straightforward two-unit residential asset, this duplex offers a residential income structure in a defined school district and township setting. Prospective purchasers should review the full offering details, including interior finishes, unit configuration, and any income or expense information, to confirm fit for their underwriting and operating goals.
Additional record information ties the site to the Chester-Upland School District, with Chester High School listed as CHESTER HIGH SCHOOL - MAIN CAMPUS. Beyond the duplex classification, no further property condition, unit layout, or exterior details are provided in the available information.
For buyers and investors seeking a straightforward two-unit residential asset, this duplex offers a residential income structure in a defined school district and township setting. Prospective purchasers should review the full offering details, including interior finishes, unit configuration, and any income or expense information, to confirm fit for their underwriting and operating goals.
Key Highlights
- Two‑unit residential income property for sale in Chester Township, Delaware County, Pennsylvania
- Built in 1930
- School district: Chester‑Upland (Chester High School - main campus noted by the listing)
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.5k | $18.00 |
| − Vacancy | −$2.8k | −$2.34 |
| EGI | $18.7k | $15.66 |
| − OpEx | −$5.6k | −$4.70 |
| NOI | $13.1k | $10.96 |
1,192 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$186.6K
$163.3K – $217.8K
NOI $13,065 @ 7.0% cap · market cap 7.14%
Second Best
Apartment 5plus
$170.7K
$149.4K – $199.2K
NOI $11,949 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$361.4K
$316.2K – $421.6K
NOI $25,298 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit residential income property offered for sale in Chester Township, Delaware County, Pennsylvania.
Where is this duplex located?
The property is located at 502 West 10th Street Chester, PA.
What is the asking price?
The asking price for this property is $183,000.
What are key features of this property?
This property features: Two‑unit residential income property for sale in Chester Township, Delaware County, Pennsylvania; Built in 1930; School district: Chester‑Upland (Chester High School - main campus noted by the listing)
