No Nonsense Chester Rental!

[Alex Uman]

Investment Info:

Single-family residence buy & hold investment in Chester.

Purchase price: $40,000
Cash invested: $40,000

Many investors hear Chester and immediately pass on a deal. Location is everything in this slowly improving city less than 30 minutes from Philly. Being located North of 95 and close enough to Widener University made this vacant twin a no-brainer for my investor who jumped at the opportunity to pick this one up sight-unseen. With only moderate rehab needed to appraise at $125k, at such a low acquisition price this deal made sense to further expand his growing rental portfolio.