4802 Chester Ave , PHILADELPHIA, PA 19143
PHILADELPHIA, PA 19143
Description
Investor Alert! 5 unit building in University City, in the Squirrel Hill section, with active rental license/zoning. All separate utilities except hot/cold water. Many renovations, including 4 newer kitchens with appliances and 5 newer baths, 3/8" vinyl flooring in units and some new plumbing and electric, all redone in 2022. Two heat forced air furnaces and all electric baseboard heat replaced in 2024/25. All units have A/C with either C/A or mini-splits and one window unit. Laundry in basement.Three 1BR/1BA, one 1BR/1BA w/office and one studio. Building is currrently fully leased with a total current annual revenue of $64,980. Third floor tenant to move in 5/10/25.Units currently rented below market valule due to mostly winter leases, providing future upside. Great value-add opportunity with garage parking and potential room for paid parking in rear. Garage marketed as-is.Convenient to Penn, Drexel and Univerity of the Sciences. # 13 trolley stops in front of building and a commuter train is one block away.
Details
| MLS# | PAPH2466624 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | ACTIVE-BRIGHT |
| Year | 1900 |
| Days On Site | 13 |
| Listing Provided By | Elfant Wissahickon-Chestnut Hill | Abram Haupt |
Features
| Units | 5 |
|---|---|
| Zoning | RTA1 |
| Acreage | 0.11 |
| Water Front | Yes |
Market Activity 19143
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19143 |
| Area | 19143 (19143) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (In 19143) | |
Price: $729,000 low | high Med: $199,000 On site: 13 low | high Med: 24.000000 | |
