$ 5,999,999
-
$5,999,999
Price -
26
Bed - Bath
-
20,640
SqFt
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About the Listing KWRLTYLP1 - 3197472,3308887
Introducing "Chester Avenue Apartments" in Philadelphia, Pennsylvania — a boutique, redbrick value-add apartment building in the lovely Cedar Park section of West Philly. Adjacent to The University of Pennsylvania (IVY LEAGUE), this 40-unit investment property commands a dominant presence on the NE corner of 48th and Chester with its handsome facade and classic architecture. With fourteen (14) studios and twenty-six (26) one bedroom units, 4725 Chester presents an extraordinary opportunity to acquire prime multifamily real estate in a Top-10 USA MSA with exceptional demographics and surrounds. Philly's leading employers, healthcare and innovation campuses and universities power this "Eds and Meds" district — insulating the community with accessibility, jobs, amenities and safety. Generational acquisition opportunity. Substantial CAPEX performed by Ownership in recent years (new boiler, roof, common areas) and future opportunity to capture additional income via renovated units, utility reimbursements, and more. Enquire within for financials.
Listing Highlights for 4725 Chester Ave
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
PAPH2554942
Year Built
1925
Total Square Footage
20,640
Lot/Acreage
0.14
Interior Details
- Bedrooms: 26
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 20640
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 49.00 x 129.00
- Zoning: RSA3
- Roof:
- Others: Good
- Sewer: Public Sewer
Financial Details
- Tax Amount: $60,586
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
4725 Chester Ave Philadelphia, PA 19143
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