Patterson-Schwartz Real Estate5013 Chester Avenue, Philadelphia, PA 19143-4397 $719,900
Interior Sq. Ft: 4,550
Acreage: 0.05
Age:110 years
Taxes: $1,959
Subdivision: Kingsessing
Design/Type:
Twin/Semi-Detached
Description
Exceptional Corner Four-Unit Investment Property in University City Address: 5013 Chester Ave, Philadelphia, PA Price: [$719,900.00] Don’t miss out on this outstanding opportunity to own a well-maintained four-unit investment property in the highly desirable University City neighborhood! Located at a prime corner with convenient access to the 13 Trolley and Regional Rail, this property is ideally situated for renters, offering ease of access to local universities, hospitals, and all that the vibrant area has to offer. Key Features: Fully Renovated 3rd Floor Apartment – 2025: The 3rd-floor apartment has been completely renovated in 2025, offering fresh, modern finishes and an updated design. A great option for prospective tenants looking for stylish, move-in ready living spaces. Well-Maintained & Updated Units: This twin corner property was fully renovated in 2012, with each unit showcasing extra width, high ceilings, and abundant natural light throughout. Every apartment has its own central air conditioning and heating units, ensuring year-round comfort for tenants. Efficient and Tenant-Friendly Layout: Two 2-bedroom units One 3-bedroom unit One spacious studio apartment with office space on the lower level All units feature separate utilities, providing ease of management and reducing the burden on the owner. Modern Amenities & Peace of Mind: Laundry room and storage in the basement for tenant convenience New concrete surrounding the building for an enhanced exterior State-of-the-art security system, including automatic flood lights Property complies with Philadelphia Fire Code for added safety Newly installed 5†sewer line with a 100-year corrosion warranty Prime Location: Located near major hospitals and universities, this property attracts high-demand tenants, offering stable, long-term returns. The location is ideal for students, medical professionals, and faculty members looking for a convenient, well-maintained living space. Investment & Financing Options: For Owner Occupants: FHA financing with as little as 3.5% down Conventional financing with as little as 5% down $3,000 grant & $7,500 grant eligible For Investors: Rent-only verification Financing options with as little as 20% down Ability to buy in an LLC Pre-payment penalties allowed to secure rates in the 6% range Interest-only financing with 25% down Why This Property? High-demand University City location Fully updated, well-maintained units with modern amenities Turnkey investment with separate utilities and security features Stable rental income potential in a prime area near hospitals and universities Peace of mind with recent updates, including a new sewer line and compliance with fire codes This is an exceptional investment with the opportunity for stable returns, whether you are an owner-occupant or investor. With all the recent upgrades and strategic location, 5013 Chester Ave is a prime opportunity you don’t want to miss. Call today to schedule a showing or inquire about financing options before this amazing investment opportunity slips away!
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
High School: West Philadelphia
Features
Utilities
90% Forced Air, Central Heating, Heat Pump(s), , Electric, Central A/C, Multi Units, Electric, Hot Water - Electric, , Public Water, Public Sewer, 100 Amp Service
Garage/Parking
Off Street
Interior
Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Wood Floors, Full Basement, Fully Finished Basement, Heated Basement, , Rear Entrance Basement, Basement - Space For Rooms, Basement Walkout Stairs, Basement Windows, Carpet Flooring, Ceramic Tile Flooring, Hardwood Flooring, , Wood Flooring, Laminate Plank Flooring, Luxury Vinyl Plank Flooring, Double Pane Windows, Double Hung Windows, Carbon Monoxide Detector(s), Exterior Cameras, Motion Detectors, Smoke Detector, Surveillance Sys
Exterior
Brick/Mortar Foundation, , Stone Foundation, Rubber Roof, Shingle Roof, Masonry
Lot
Corner Lot, , Road Frontage, Corner Lot/Unit, City View, , Street View, Park/Greenbelt
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (126 schools)
Public Middle (18 schools)
Public High (52 schools)
Private (113 schools)
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This report is a detailed community overview for Philadelphia (19143), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 36
- Average salary of people in this community: $37,100
Community Summary
- Population Density (ppl / mile): 19,911
- Household Size (ppl): 2.55
- Households w/ Children: 61%
Housing Inventory
- Owned: 11,948 (39.1%)
- Rented: 13,154 (43.0%)
- Vacant: 5,482 (17.9%)
- Total: 30,584
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 4.0%
- Some High School: 9.8%
- High School Graduate: 35.2%
- Some College: 20.5%
- Associate Degree: 5.1%
- Bachelor's Degree: 14.2%
- Graduate Degree: 11.2%
Income by dollar range
Median Income: $34,579
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $755
- One Bedroom: $873
- Two Bedroom: $976
- Three Bedroom: $1,000
- Four Bedroom: $1,015
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-285-0989
Listing Courtesy of: RE/MAX Preferred - Cherry Hill , (856) 616-2626, preferred@njpreferredhomes.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 4/01/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
