About 4802 Chester Ave
Investor Alert! 5 unit building in University City, in the Squirrel Hill section. Can be purchased individually or in a package with 4715 Springfield Ave., MLS # PAPH2546726. All separate utilities except hot/cold water. Many renovations, including 4 newer kitchens with granite, stainless steel appliances and 5 newer baths, 3/8" vinyl flooring in units and some new plumbing and electric, all redone in 2022. One heat forced air furnace and all electric baseboard heat replaced in 2024-2025. All units have A/C with either C/A or minisplits and one window unit. Laundry in basement. Three 1BR/1BA, one 1BR/1BA w/office and one studio. Building is currently leased with a total current annual revenue of $64,980.00. Units currently rented below market value due to some 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 University of the Sciences. # 13 trolley stops in front of building and a commuter train is one block away.
Features of 4802 Chester Ave
| MLS® # | PAPH2525994 |
|---|---|
| Price | $639,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,775 |
| Acres | 0.11 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 4802 Chester Ave |
|---|---|
| Area | 19143 |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19143 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Forced Air, Baseboard - Electric |
|---|---|
| Cooling | Central A/C, Ductless/Mini-Split |
| Fireplace | No |
| Has Basement | No |
School Information
| District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Information
| Zoning | RTA1 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Elfant Wissahickon-Chestnut Hill |
|---|---|
| Contact Info | 2152473600 |