PA > Philadelphia
Philadelphia, PA 19143,4802 CHESTER AVE
Philadelphia, PA 19143,4802 CHESTER AVE
Philadelphia, PA 19143,4802 CHESTER AVE
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Simone Velvel

Simone Velvel

+1(703) 507-7614
Listed by Abram Haupt • Elfant Wissahickon-Chestnut Hill
$639,000
Est. payment /mo
2,775 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,775 sqft

Price per Sqft $230

MLS Listing ID PAPH2526016

Style Traditional

Abv Grd Liv Area 2,775

Year Built 1900

Annual Tax Amount $6,664

Tax Year 2024

Lot Size 4,725 Sqft

Acres 0.11

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

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.

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning RTA1

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air, Baseboard - Electric

Cooling Central A/C, Ductless/Mini-Split

Fireplace N

Heat Source Natural Gas, Electric

Exterior

Exterior Feature Patio(s)

Parking Features Garage - Front Entry

Garage Spaces 1.0

Water Access N

Accessibility None

Porch Patio(s)

Total Parking Spaces 1

Garage Y

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881707200

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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4802 CHESTER AVE

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