Triplex Income
921 West 3rd Street Chester, PA 19013
921 West 3rd Street, Chester, PA, 19013
$1,500,000
Pending
For Sale
$1,500,000
Pending
For sale triplex income property in Chester, PA.
Property Size10,104 SF
Days on Market191
Property Features for 921 West 3rd Street
General Information
- Standard status
- Pending
- Size
- 10,104 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing agency
VRA Realty
(610) 291-9895
Listed by
Brady M Carroll · License #RS318466
(610) 291-9895
Source
Compass
Added: Jan 13 Updated: Jul 22 at 8:19PM Checked: Jul 22 at 8:19PM
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 VRA Realty
Investment Insights
Based on property information with market context.
This property is a triplex, offered for sale as a residential income asset. The listing identifies it as a multifamily property and includes the property size of 10,104 (as provided in the record).
The address is 921 West 3rd Street in Chester, Pennsylvania. The listing also notes the Chester-Upland School District.
Additional details on unit layout, condition, and tenant occupancy are not included in the information provided.
The address is 921 West 3rd Street in Chester, Pennsylvania. The listing also notes the Chester-Upland School District.
Additional details on unit layout, condition, and tenant occupancy are not included in the information provided.
Key Highlights
- Triplex income property in Chester, PA
- Year built: 1925
- 2+ access exits
Local 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 | $181.9k | $18.00 |
| − Vacancy | −$23.7k | −$2.34 |
| EGI | $158.2k | $15.66 |
| − OpEx | −$47.5k | −$4.70 |
| NOI | $110.7k | $10.96 |
10,104 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.58M
$1.38M – $1.85M
NOI $110,747 @ 7.0% cap · market cap 7.38%
Second Best
Apartment 5plus
$1.45M
$1.27M – $1.69M
NOI $101,289 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$3.06M
$2.68M – $3.57M
NOI $214,440 @ 7.0% cap · market cap 14.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - For sale triplex income property in Chester, PA.
Where is this triplex located?
The property is located at 921 West 3rd Street Chester, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Triplex income property in Chester, PA; Year built: 1925; 2+ access exits
