Investments Sales Management

5718 CHESTER AVENUE

PHILADELPHIA, PA 19143

MLS#: PAPH2654752

$425,000

Status: Active
Listing number: PAPH2654752
Listing provided by: Capital Commercial Real Estate Group
Listing agent phone: None
Last update: 10 days ago
On site: 10 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

1,878

Part of a Portfolio - $2,823,000 ($166,058.82/Unit) Cap: 5.78% 9 Units Portfolio Overview Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia. The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements. Seller is willing to sell properties individually or as a portfolio. 5718 Chester Ave: Asking Price $425,000 (Loan 380k & 1 Vacant Unit) Property Type Mixed Use Financial Summary Current Monthly Income Approximately $3,200 Current NOI Approximately $14,736 Cap Rate 3.47% Highlights • Two apartments • One commercial tenant • One residential vacancy • Excellent lease-up opportunity Building Information Commercial Lease Expires September 1, 2027 Utilities Commercial Electric & Gas Residential Gas heat Roof Approximately 2 years old Mechanicals Commercial Forced Air Approximately 6 months old Residential Furnaces 15+ years Renovations Recent upgrades include • Plumbing • Electrical • Flooring • Tile • Cabinets • Countertops • Appliances Condition Commercial Excellent Residential Good Deferred Maintenance • New residential furnace recommended • New commercial condenser recommended Known Issues: None

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Lot Size(square feet)

    1,457

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $425,000

  • Tax Amount

    $1,417

  • Sq. Footage

    1,878

  • Price/SqFt

    $226

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    225

  • Water Source

    Public

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Listing Courtesy of Christopher A Yangello , Capital Commercial Real Estate Group

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Agent Nick Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Nick Polinchock

Call Nick today to schedule a private showing.

(267) 614-1331

(215) 821-8836

nick@tntrealestatesolutions.com


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Part of a Portfolio - $2,823,000 ($166,058.82/Unit) Cap: 5.78% 9 Units Portfolio Overview Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia. The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements. Seller is willing to sell properties individually or as a portfolio. 5718 Chester Ave: Asking Price $425,000 (Loan 380k & 1 Vacant Unit) Property Type Mixed Use Financial Summary Current Monthly Income Approximately $3,200 Current NOI Approximately $14,736 Cap Rate 3.47% Highlights • Two apartments • One commercial tenant • One residential vacancy • Excellent lease-up opportunity Building Information Commercial Lease Expires September 1, 2027 Utilities Commercial Electric & Gas Residential Gas heat Roof Approximately 2 years old Mechanicals Commercial Forced Air Approximately 6 months old Residential Furnaces 15+ years Renovations Recent upgrades include • Plumbing • Electrical • Flooring • Tile • Cabinets • Countertops • Appliances Condition Commercial Excellent Residential Good Deferred Maintenance • New residential furnace recommended • New commercial condenser recommended Known Issues: None

5718 CHESTER AVENUE

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