13 S Chester Road
Swarthmore, PA 19081

  • – beds
  • – baths
  • 5,580 sqft
  • 8,000 sqft lot
  • $321 per sqft
  • 1900 build

Prime Investment Opportunity in the Heart of Swarthmore ! Welcome to 13-15 South Chester Road, a prestigious 4-unit apartment building with 2 commercial spaces located in the bustling commercial district of Swarthmore. This unique property offers an exceptional investment opportunity with its prime location, potential for additional rental income, and recent upgrades. Each of the four one-bedroom, one-bathroom units offers a desirable layout with functional kitchens, full baths with tubs, ample closet space and wonderful location, providing residents with comfortable and practical living spaces. With stable annual leases for the residential units, this property offers a reliable income stream for investors. Two street-level commercial spaces provide an ideal opportunity for businesses to thrive in a vibrant and high-traffic area. Brooklyn Exotics has a large store front, plus several storage rooms in the back, along with full bath and internal basement access. Pilates Connexion has beautifully set up main space, 2 baths, and external basement access. Please note that commercial spaces have potential to be joined as one large space totaling 3090 sq.ft. Currently, all units are occupied, showcasing the property's attractiveness to long-term tenants. In the bustling downtown area of Swarthmore, where parking can often be a challenge, this property stands out with its offering of private assigned parking for each unit. Residents can enjoy the convenience and peace of mind that comes with having dedicated parking spaces, ensuring easy access and alleviating the typical parking concerns associated with downtown living. There is also potential with unused space on the third floor ( approx 2/3 size of 2nd floor footage) with possible expanding the rental portfolio and increasing revenue. Buyer will have to go thru approval and obtain permits from Township. - New Underground Sewage System ( August 2023): A recent upgrade to the building's infrastructure ensures modern functionality and peace of mind for both residents and commercial tenants. - Detailed income and expense information is available for review, providing transparency and confidence for potential investors. Location is a prime, across from the Swarthmore train station, as well as from prestigious Swarthmore College campus. Contact us today to learn more about this prime property and take the next step towards securing a valuable asset in a thriving community.

BRIGHT MLS logo Listing courtesy of BRIGHT / Compass Pennsylvania, LLC

Last checked: Checking… • Last updated Jan 20, 2024 •

MLS# PADE2058546 —

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Sale history

Date Event Source Price % Change
12/10/23
Listed / Active BRIGHT $1,795,000

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Multifamily For Sale

$1,795,000

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Listing provided by broker:

Branka Saula

Compass Pennsylvania, LLC

marianne.dillon@compass.com

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This multifamily located in Swarthmore, PA 19081 is currently for sale for $1,795,000. 13 S Chester Road is a 5,580 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Swarthmore Rutledge School, Strath Haven Middle School, and Strath Haven High School.

BRIGHT MLS logo Listing Courtesy of: BRIGHT and Compass Pennsylvania, LLC.

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