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About the Listing COMPASS5 - 3364322
Step into a home that blends modern updates with incredible future potential. 2315 Madison Street welcomes you with a bright, open-concept first floor that feels airy and expansive. Natural light pours across the stylish laminate wood plank flooring, creating a warm atmosphere that flows effortlessly from the living area into the generously sized kitchen. Tucked away for maximum convenience, you’ll also find a dedicated first-floor laundry area that makes daily chores a breeze. Upstairs, the home offers three well-sized bedrooms and a centrally located bathroom, providing a comfortable and functional layout. While currently enjoyed as a spacious single-family residence, this property holds a unique secret: it was originally a duplex and retains its R-2 zoning. This flexibility offers a rare "best of both worlds" scenario for a savvy buyer looking to maintain the current setup or explore the possibilities of the dual-unit zoning down the road. The financial picture is just as bright as the interior. The property is currently generating a steady gross annual income of $17,880, with a tenant on a month-to-month lease as of 9/1/25 paying $1,490 per month. Whether you are looking for a solid performer to add to your portfolio or a versatile property with room to grow, this Madison Street gem is a strategic find in a high-demand area. **Property Summary:** * **Zoning:** Still zoned as a duplex (currently single-family layout) * **Income:** $1,490/mo ($17,880 gross/year) * **Lease:** Month-to-month since 9/1/25 * **Features:** Open concept, laminate wood plank flooring, 1st-floor laundry, 3 bedrooms
Listing Highlights
Status
Active
Days on Site
3
Property Type
Residential
MLS ®
PADE2119136
Year Built
1920
Total Square Footage
1,785
Lot/Acreage
0.05
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces: 1, Non-Functioning,1 Fireplace
- Floor:
- Above Ground Sq Ft: 1785
- Below Ground Sq Ft: 0
- Basement: Full,Outside Entrance,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: R-2
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $1,877
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
2315 Madison St Chester, PA 19013
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