Philadelphia, PA 19143,4725-27 CHESTER AVE
Philadelphia, PA 19143,4725-27 CHESTER AVE
Philadelphia, PA 19143,4725-27 CHESTER AVE
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Listed by Ryan J McManus • Keller Williams Liberty Place
$5,999,999
Est. payment /mo
6,296 Sqft Lot
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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


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Springer Realty Group

Springer Realty Group

+1(484) 498-4000

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