4921 CHESTER AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19143
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,244 sqft
Price per Sqft $328
MLS Listing ID PAPH2505270
Year Built 2025
Annual Tax Amount $979
Tax Year 2024
Lot Size 2,248 Sqft
Acres 0.05
Lot Dimensions 32.00 x 71.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
4921 Chester Avenue, a newly constructed six-unit multifamily building located in the rapidly growing Kingsessing neighborhood of West Philadelphia. Delivered in 2025, this property offers a fully stabilized, turnkey investment opportunity with high-quality modern finishes, efficient layouts, and strong in-place cash flow. Situated just steps from SEPTA transit and anchored by major University City employment drivers, this offering is ideal for an investor seeking a low-maintenance asset in an appreciating corridor. Stabilized 6-Unit Asset in West Philadelphia
Delivered in 2025, this turnkey investment features:
- Modern 1BD, 1BD+Den, and 2BD layouts, including top-floor units with private roof decks
- $1,395,000 asking price | $232,500 per unit | $320.22 per SF
- $10,025/month in-place rental income with a 6.99% pro forma CAP rate
- 10-year tax abatement, in-unit washer/dryers, smart entry systems, and energy-efficient mechanicals
- RM1 zoning with no affordability restrictions
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RM1
Interior
Hot Water Multi-tank
Heating Central
Cooling Central A/C
Flooring Engineered Wood
Heat Source Electric
Exterior
Water Access N
Roof Type Fiberglass
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 511267500
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard