PA > Philadelphia > Cedar Park
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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Sonia Castro

Sonia Castro

+1(484) 554-7672
Listed by Ryan J McManus • Keller Williams Liberty Place
$5,999,999
Est. payment /mo
20,640 SqFt
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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

Subdivision Cedar Park

MLS Listing ID PAPH2554942

Style Other

Abv Grd Liv Area 20,640

Year Built 1925

Annual Tax Amount $60,586

Tax Year 2024

Lot Size 6,296 Sqft

Acres 0.14

Lot Dimensions 49.00 x 129.00

Property Sub-Type Other

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

Rooms

Basement Other

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

Above Ground Finished SqFt 20640

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881143945

Ownership Fee Simple

SqFt Source 20640

Special Listing Condition Standard

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Bright MLS (BMLS)

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Sonia Castro

Sonia Castro

+1(484) 554-7672

Broker | RMRM422520

Broker RMRM422520

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