5225 Chester Ave, Philadelphia, PA 19143
- $499,900
- 2,544
- SqFt
- List Price
- $499,900
- Days on Market
- 60
- Status
- ACTIVE
- MLS#
- PAPH2648234
- Living Area
- 2,544
- Lot Size (Acres)
- 0.04
- Style
- Traditional
- Year Built
- 1915
- County
- Philadelphia
- School District
- Philadelphia City
Property Description
Outstanding value-add investment opportunity! This end of row, legally zoned four-unit multifamily property offers immediate income with significant upside potential. The building consists of two 1-bedroom, 1-bath units, one studio apartment, and one 2-bedroom unit, with three of the four units currently occupied, providing cash flow from day one. The first-floor 1-bedroom, 1-bath unit is occupied and in decent condition, while the second-floor front studio is occupied and well maintained. The third-floor 2-bedroom unit is also occupied and in average condition. The second-floor rear 1-bedroom, 1-bath unit is currently vacant and presents an excellent opportunity for a full renovation, allowing the next owner to significantly increase rental income and overall property value. As an end-unit building, the property benefits from additional natural light and enhanced privacy. Whether you're looking to expand your portfolio, execute a value-add strategy, or live in one unit while collecting rental income from the others, this property offers tremendous potential. Bring your vision and capitalize on the opportunity to renovate the vacant unit while maximizing rents over time. Don't miss your chance to acquire an income-producing multifamily property with built-in upside in a strong investment package.
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Additional Information
- Area
- 19143 (19143)
- Subdivision
- Kingsessing
- Taxes
- $5224
- Stories
- 3
- School District
- Philadelphia City
- Heating
- Baseboard - Electric
- Heating Fuel
- Electric
- Cooling
- Window Unit(s)
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
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Listing courtesy of KW Empower. Contact: vicki@kwempower.com
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