$5,999,999
For Sale by Owner $291/sq ft
Listed 9 months ago

Multi-Family for Sale in Philadelphia, PA

4725-27 Chester Ave, Philadelphia, PA 19143
Studio
0 Bath
20,640 sq ft
Built 1925
PropSlick Verified Data Key facts & insights for this exact address
$291
Price / sq ft
1925
Year Built
6,296 sf
Lot Size
Philadelphia
County

Key Facts

Property TypeMulti-Family
Year Built1925
Square Footage20,640 sq ft
Lot Size6,296 sq ft
Price / SqFt$291

Property Description

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.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Heating

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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