$ 425,000
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$425,000
Price -
0
Bed -
0
Bath -
1,878
SqFt
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About the Listing CPTLCMRE - 3124496
Part of a Portfolio - $2,823,000 ($166,058.82/Unit) Cap: 5.78% 9 Units Portfolio Overview Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia. The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements. Seller is willing to sell properties individually or as a portfolio. 5718 Chester Ave: Asking Price $425,000 (Loan 380k & 1 Vacant Unit) Property Type Mixed Use Financial Summary Current Monthly Income Approximately $3,200 Current NOI Approximately $14,736 Cap Rate 3.47% Highlights • Two apartments • One commercial tenant • One residential vacancy • Excellent lease-up opportunity Building Information Commercial Lease Expires September 1, 2027 Utilities Commercial Electric & Gas Residential Gas heat Roof Approximately 2 years old Mechanicals Commercial Forced Air Approximately 6 months old Residential Furnaces 15+ years Renovations Recent upgrades include • Plumbing • Electrical • Flooring • Tile • Cabinets • Countertops • Appliances Condition Commercial Excellent Residential Good Deferred Maintenance • New residential furnace recommended • New commercial condenser recommended Known Issues: None
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 16.00 x 94.00
- Zoning: CMX2
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $1,417
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
5718 Chester Ave Philadelphia, PA 19143
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