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Listed by Saam Tashayyod • Trophy Commercial Real Estate LLC
$1,395,000
Est. payment /mo
4,244 SqFt
Price Dropped by $105K
4921 CHESTER AVE Philadelphia, PA 19143
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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
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
