Investor Alert! 5 unit building in University City, in the Squirrel Hill section, with active rental license/zoning. All separate utilities except hot/cold water. Many renovations, including 4 newer kitchens with granite and stainless steel 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 2024-2025. All units have A/C with either C/A or mini-splits and one window unit. Laundry in basement. Three 1BR/1BA, one 1BR/1BA w/office and one studio. Building is currently fully leased with a total current annual revenue of $64,200.00. Units currently rented below market value due to some winter leases, providing future upside. Great value-add opportunity with garage parking and potential room for paid parking in rear. Garage marketed as-is. Convenient to Penn, Drexel and University of the Sciences. # 13 trolley stops in front of building and a commuter train is one block away.
For sale
$639,000
4802 Chester Ave, Philadelphia, PA 19143
4beds
5baths
2,775sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$636,600 Zestimate®
$230/sqft
$-- HOA
What's special
Laundry in basementNewer bathsVinyl flooring in units
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