SQUARE FEET20,640
MLS#PAPH2554942
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCEDAR PARK
SCHOOLPHILADELPHIA CITY
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Fuel Type: Electric
Heating: Radiator
Lot Size: 0.14 Acres
Taxes: $60,586
Year Built: 1925
Feature Descriptions
Additional Structures: Above Grade
Exterior: Masonry
Location: Urban
Lot: Corner
Lot Dimensions: 0.14 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 26
Sewer: Public Sewer
Special View Info: City
Structure Type: Other
Studio Efficiency Units: 14
Total Garage/Parking Spaces: 0
Units: 4
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Keller Williams Liberty Place
Agency Phone: 6093995454
Shown By
Agent Name: The Jesse Hersh Team
Agent Phone: (717) 475-0378
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 20,152.23 per month $13,353.40 Principal & Interest $5,048.83 Property Tax $1,750.00 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
4725 27 Chester Avenue | MLS# PAPH2554942
This multi-family property located at 4725 27 Chester Avenue, Philadelphia, PA 19143 is currently listed for sale with an asking price of $5,999,999. 27 Chester Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.jessehershteam.com today.