4725-27 CHESTER AVE new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19143
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Cedar Park
MLS Listing ID PAPH2554946
Year Built 1925
Annual Tax Amount $60,586
Tax Year 2025
Lot Size 6,296 Sqft
Acres 0.14
Lot Dimensions 49.00 x 129.00
Property Sub-Type Five Or More Units
Source BRIGHT
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.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RSA3
Interior
Hot Water Electric
Heating Radiator
Cooling Other
Heat Source Electric
Exterior
Water Access N
View City
Accessibility Other
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881143945
Ownership Fee Simple
Special Listing Condition Standard