Other
4725 CHESTER AVENUE 27
PHILADELPHIA , PA 19143
MLS#: PAPH2554942
$5,999,999
Property
Beds
26
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
20,640
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 & Amenities
Interior
-
Total Bedrooms
26
-
Bathrooms
N/A
-
Above Grade Finished Area
20640.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Other
-
Heating YN
YES
-
Heating
Electric, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
-
View
City
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.14
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Other
Price
-
Sales Price
$5,999,999
-
Tax Amount
60586.0
-
Sq. Footage
20, 640
-
Price/SqFt
$290
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
4
-
Sewer
Public Sewer
-
Tax Lot
108
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Ryan J McManus , Keller Williams Liberty Place
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