4802 Chester Avenue, Philadelphia, PA 19143-3461 $729,000

# of Units: 4
Interior Sq. Ft: 2,775
Acreage: 0.11
Age:125 years
Taxes: $6,664
MLS#: PAPH2466626
Design/Type:
Twin/Semi-Detached

Description

Investor Alert! 5 unit building in University City, in the Squirrel Hill section, w/ active rental license/zoning. All separate utilites except hot/cold water. Many renovations, including 4 newer kitchens w/ 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 central or minis-splits and one window unit. Laundry in basement. Three 1BR/1BA, one 1BR/1BA + office and one studio. Four occupied units and one vacant unit just listed on 3/17 at $1,150 after some renovations. Total current and projected annual revenue $64,980. Units currently rented below market value due to mostly winter leases, providing future upside. Great value-add opportunity with garage parking and potential room for extra paid parking in rear. Garage marketed as-is. Convenient to Penn, Drexel and the University of Sciences. #13 trolley stops in front of building and a commuter train is one block away.

Taxes: $6,664
Home Assoc: No
Condo Assoc: No
Garage: Y
Basement: Y
Pool: No Pool
School Dist: The School District Of Philadelphia

Features

Utilities
Baseboard - Electric Heating, Forced Air Heating, Electric, Natural Gas, Central A/C, Ductless/Mini-Split, Electric, Hot Water - Natural Gas, Public Water, Public Sewer

Garage/Parking
Detached Garage, Driveway, Garage - Front Entry, Detached Garage Spaces #: 1;

Interior
Unfinished Basement

Exterior
Stone Foundation, Masonry, Patio(s)

Contact Information

Listing Courtesy of: Elfant Wissahickon-Chestnut Hill , (215) 247-3600

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Listing data as of 4/10/2025.