4802 Chester Avenue
Philadelphia, PA 19143
Listing provided courtesy of: Elfant Wissahickon-Chestnut Hill
Property Description
Investor Alert! 5 unit building in University City, in the Squirrel Hill section, w/ active rental license/zoning. All separate utilites except hot/cold water. Many renovations, including 4 newer kitchens w/ appliances and 5 newer baths, 3/8" vinyl flooring in units and some new plumbing and electric; all redone in 2022. Two heat forced air furnaces and all electric baseboard heat replaced in 2024/25. All units have A/C with either central or minis-splits and one window unit. Laundry in basement.
Three 1BR/1BA, one 1BR/1BA + office and one studio. Building is fully leased with a total current annual revenue $64,260.00. Third floor tenant to move in 5/10/25.
Units currently rented below market value due to mostly winter leases, providing future upside. Great value-add opportunity with garage parking and potential room for extra paid parking in rear. Garage marketed as-is.
Convenient to Penn, Drexel and the University of Sciences. #13 trolley stops in front of building and a commuter train is one block away.
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Features:
Central Air Detached Patio Public Sewer
| Price: | $699,000 |
| Beds: | 4 |
| Interior (SQFT): | 2,775 |
| Lot Size (SQFT): | 4,792 |
| Property Type: | Residential Income |
| Year Built: | 1900 |
Listing provided courtesy of: Elfant Wissahickon-Chestnut Hill. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 05/12/2025 08:58:41
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