4725-27 CHESTER AVE, Philadelphia, PA 19143
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4725-27 CHESTER AVE, Philadelphia, PA 19143
4725-27 CHESTER AVE, Philadelphia, PA 19143
4725-27 CHESTER AVE, Philadelphia, PA 19143
4725-27 CHESTER AVE, Philadelphia, PA 19143
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Anita Mohamed

Anita Mohamed

+1(347) 903-3025
$ 5,999,999
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4725-27 CHESTER AVE Philadelphia, PA 19143

20,640 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 20,640 sqft

Price per Sqft $290

Lot Size 6,296 Sqft

MLS Listing ID PAPH2554942

Style Other

Subdivision Cedar Park

Total Units 4

Short Sale No

Originating MLS 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

Rooms

Basement Other

Interior

Hot Water Electric

Heating Radiator

Cooling Other

Heat Source Electric

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

View City

Accessibility Other

Parking Type None

Building

Lot Description Corner

New Construction N

Lot Dimensions 49.00 x 129.00

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

Schools

School District Philadelphia City

Others

Tax Amount $60,586

Tax Year 2024

Tax ID 881143945

Ownership Fee Simple

SqFt Source 20640

Special Sale Standard

Bright MLS (BMLS)
testyfx76
Listed by Ryan McManus • Keller Williams Liberty Place
Anita Mohamed
Anita Mohamed

Broker Associate | jhy1aaaaaaaaaaaaaaaa 244410410

+1(347) 903-3025 | stagesite-3.test@chime.me

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4725-27 CHESTER AVE