Bought with Unrepresented Buyer • Unrepresented Buyer Office
$585,000
$639,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
4802 CHESTER AVE Philadelphia, PA 19143
4,725 Sqft Lot
Key Details
Sold Price $585,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAPH2525994
Sold Date 01/13/26
Year Built 1900
Annual Tax Amount $6,664
Tax Year 2024
Lot Size 4,725 Sqft
Acres 0.11
Lot Dimensions 35 X 135
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Investor Alert! 5 unit building in University City, in the Squirrel Hill section. Can be purchased individually or in a package with 4715 Springfield Ave., MLS # PAPH2546726.
All separate utilities except hot/cold water. Many renovations, including 4 newer kitchens with granite, stainless steel appliances and 5 newer baths, 3/8" vinyl flooring in units and some new plumbing and electric, all redone in 2022. One heat forced air furnace and all electric baseboard heat replaced in 2024-2025. All units have A/C with either C/A or minisplits and one window unit. Laundry in basement.
Three 1BR/1BA, one 1BR/1BA w/office and one studio. Building is currently leased with a total current annual revenue of $64,980.00. Units currently rented below market value due to some winter leases, providing future upside. Great value-add opportunity with garage parking and potential room for paid parking in rear. Garage marketed as-is.
Convenient to Penn, Drexel and University of the Sciences. # 13 trolley stops in front of building and a commuter train is one block away.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RTA1
Interior
Hot Water Natural Gas
Heating Forced Air, Baseboard - Electric
Cooling Central A/C, Ductless/Mini-Split
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 3.0
Water Access N
Accessibility None
Total Parking Spaces 3
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881707200
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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