About 4725-27 Chester Ave
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.
Features of 4725-27 Chester Ave
| MLS® # | PAPH2554946 |
|---|---|
| Price | $5,999,999 |
| Bathrooms | 0.00 |
| Square Footage | 20,640 |
| Acres | 0.14 |
| Year Built | 1925 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 4725-27 Chester Ave |
|---|---|
| Area | 19143 |
| Subdivision | CEDAR PARK |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19143 |
Amenities
| View | City |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Radiator |
|---|---|
| Cooling | Other |
| Fireplace | No |
| # of Stories | 4 |
| Has Basement | No |
Exterior
| Lot Description | Corner Lot |
|---|
School Information
| District | PHILADELPHIA CITY |
|---|
Additional Information
| Zoning | RSA3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Liberty Place |
|---|---|
| Contact Info | 6093995454 |