CHARIS REALTY GROUP

Other

4725 CHESTER AVENUE 27

PHILADELPHIA, PA 19143

MLS#: PAPH2554942

$5,999,999

Status: Active
Listing number: PAPH2554942
Listing provided by: Keller Williams Liberty Place
Listing agent phone: None
Last update: 8 hours ago
On site: 7 months ago
Browse Properties
CEDAR PARK - Residential Income

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

    No

  • Waterfront YN

    NO

  • View

    City

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.14

  • Lot Size(square feet)

    6296.0

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Other

Price

  • Sales Price

    $5,999,999

  • Tax Amount

    $60,586

  • 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

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    108

  • Water Source

    Public

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Location

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PHILADELPHIA

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Listing Courtesy of Ryan J McManus , Keller Williams Liberty Place

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Agent Thomas Campbell

The Campbell Home Team-Team Leader, Co-Owner

Thomas Campbell

Call Thomas today to schedule a private showing.

(240) 772-0062

thomas@charisrealty.com


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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.

4725 CHESTER AVENUE 27

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