$895,000
SOLD MAY 7, 2025

21 W 7th St Chester, PA 19013

-- Bed
-- Bath
2,812 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$318 Per Sq Ft

4 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Recessed Lighting
  • Media Elementary School Rated A
  • Wood Flooring
  • Combination Dining and Living Room

About This Home

As of May 2025

Welcome to **21 West 7th Street**, a rare investment opportunity situated in one of Media’s most coveted residential areas, this four-unit quadruplex offers a unique investment opportunity. With walkable access to everything Media has to offer—boutique shopping, award-winning restaurants, and public transportation—this property delivers both charm and long-term value.Units B and D (Right side of building top and bottom) are currently available for showings. Unit B (Lower level)has been fully renovated with high-end finishes, including recessed lighting, modern flooring, granite countertops, shaker-style cabinets, and a beautifully tiled bathroom. The owner spared no expense, creating one of the most attractive rental units in all of downtown Media. Unit D(Upper Level), reflects the same layout and aesthetic as Units A and C.Over the past year, the owners have invested in updating the common areas and replacing windows throughout the building. All utilities are separated—electric, water, heating, and hot water—giving tenants full responsibility for their own usage and keeping ownership expenses low. Each unit is equipped with individual washer and dryer hookups; tenants supply their own machines to further minimize maintenance costs. There's also a basement with additional storage space that has not yet been utilized—presenting a clear opportunity for added revenue.The rear lot, while currently used as a casual gathering space for tenants, holds untapped potential. Whether used for parking or future development, its intrinsic value offers flexibility for the next owner. Rents are outlined in the attached pro forma, and there is room for upward adjustment, making this a strong value-add investment.**As an added bonus, the listing agent is also the current property manager and is offering two months of complimentary management services to the new owner. This ensures a smooth transition and expert support from day one.**

Last Agent to Sell the Property

Christopher Richetti

(484) 947-7932 chris@corepmrealty.com Core Property Management Realty License #RB069253 Listed on: 04/03/2025

Last Buyer's Agent

Steve DiBattista

(610) 368-2801 sdibattista@zmcre.com Zommick McMahon Commercial Real Estate License #RS327769

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,159

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60.00 x 120.00
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Block Wall
  • Architectural Shingle Roof

Interior Spaces

  • 2,812 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Combination Dining and Living Room
  • Stove

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Plank Tile

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces
  • On-Street Parking

Location

  • Suburban Location

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for advertising/licenses and permits, common area maintenance, insurance, lawn/shrub care, management, repairs, real estate taxes, trash collection
  • Tax Lot 280-000
  • Assessor Parcel Number 26-00-01492-00

Community Details

Overview

  • 4 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Operating Expense $18,659
  • Net Operating Income $50,311

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,159

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: washer and dryers in basement (tenants).
  • Inclusions: All appliances in unit
  • New Construction: No
  • Year Built: 1950
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to **21 West 7th Street**, a rare investment opportunity situated in one of Media’s most coveted residential areas, this four-unit quadruplex offers a unique investment opportunity. With walkable access to everything Media has to offer—boutique shopping, award-winning restaurants, and public transportation—this property delivers both charm and long-term value. Units B and D (Right side of building top and bottom) are currently available for showings. Unit B (Lower level)has been fully renovated with high-end finishes, including recessed lighting, modern flooring, granite countertops, shaker-style cabinets, and a beautifully tiled bathroom. The owner spared no expense, creating one of the most attractive rental units in all of downtown Media. Unit D(Upper Level), reflects the same layout and aesthetic as Units A and C. Over the past year, the owners have invested in updating the common areas and replacing windows throughout the building. All utilities are separated—electric, water, heating, and hot water—giving tenants full responsibility for their own usage and keeping ownership expenses low. Each unit is equipped with individual washer and dryer hookups; tenants supply their own machines to further minimize maintenance costs. There's also a basement with additional storage space that has not yet been utilized—presenting a clear opportunity for added revenue. The rear lot, while currently used as a casual gathering space for tenants, holds untapped potential. Whether used for parking or future development, its intrinsic value offers flexibility for the next owner. Rents are outlined in the attached pro forma, and there is room for upward adjustment, making this a strong value-add investment. **As an added bonus, the listing agent is also the current property manager and is offering two months of complimentary management services to the new owner. This ensures a smooth transition and expert support from day one.**
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Stove, Water Heater
  • Flooring Type: Carpet, Hardwood, Luxury Vinyl Plank
  • Interior Amenities: Carpet, Combination Dining/Living, Floor Plan - Open, Recessed Lighting
  • Fireplace: No
  • Wall Ceiling Types: Block Walls
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full, Walkout Stairs
  • Total Sq Ft: 2812
  • Living Area Sq Ft: 2812
  • Price Per Sq Ft: 318.28
  • Above Grade Finished Sq Ft: 2812
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: ROSE TREE MEDIA
  • School District Key: 300200397360
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R-40
  • Lot Size Acres: 0.17
  • Lot Dimensions: 60.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Property Condition: Excellent
  • Year Assessed: 2025
  • Zoning: PLEASE REFER TO ECODES360
  • Zoning Description: Please refer to Ecodes360 & Township zoning map

Rental Info

  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Advertising/Licenses And Permits, Common Area Maintenance, Insurance, Lawn/Shrub Care, Management, Repairs, Taxes - Real Estate, Trash Collection
  • Total Actual Rent: 68970.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 5937.00
  • Tax Annual Amount: 8159.00
  • Assessor Parcel Number: 26-00-01492-00
  • Tax Lot: 280-000
  • Tax Total Finished Sq Ft: 2812
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 05/07/2025

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 18659.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: ROSE TREE MEDIA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Sold $895,000 0.0% $318 / Sq Ft
04/03/2025 04/03/25 For Sale $895,000 -- $318 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADE2087400

Bright MLS