Description
Exceptional corner four-unit investment property in university city
address: 5013 chester ave, philadelphia, pa
price: [$719,900.00]
don’t miss out on this outstanding opportunity to own a well-maintained four-unit investment property in the highly desirable university city neighborhood! located at a prime corner with convenient access to the 13 trolley and regional rail, this property is ideally situated for renters, offering ease of access to local universities, hospitals, and all that the vibrant area has to offer.
key features:
fully renovated 3rd floor apartment – 2025:
the 3rd-floor apartment has been completely renovated in 2025, offering fresh, modern finishes and an updated design. a great option for prospective tenants looking for stylish, move-in ready living spaces.
well-maintained & updated units:
this twin corner property was fully renovated in 2012, with each unit showcasing extra width, high ceilings, and abundant natural light throughout. every apartment has its own central air conditioning and heating units, ensuring year-round comfort for tenants.
efficient and tenant-friendly layout:
two 2-bedroom units
one 3-bedroom unit
one spacious studio apartment with office space on the lower level
all units feature separate utilities, providing ease of management and reducing the burden on the owner.
modern amenities & peace of mind:
laundry room and storage in the basement for tenant convenience
new concrete surrounding the building for an enhanced exterior
state-of-the-art security system, including automatic flood lights
property complies with philadelphia fire code for added safety
newly installed 5” sewer line with a 100-year corrosion warranty
prime location:
located near major hospitals and universities, this property attracts high-demand tenants, offering stable, long-term returns. the location is ideal for students, medical professionals, and faculty members looking for a convenient, well-maintained living space.
investment & financing options:
for owner occupants:
fha financing with as little as 3.5% down
conventional financing with as little as 5% down
$3,000 grant & $7,500 grant eligible
for investors:
rent-only verification
financing options with as little as 20% down
ability to buy in an llc
pre-payment penalties allowed to secure rates in the 6% range
interest-only financing with 25% down
why this property?
high-demand university city location
fully updated, well-maintained units with modern amenities
turnkey investment with separate utilities and security features
stable rental income potential in a prime area near hospitals and universities
peace of mind with recent updates, including a new sewer line and compliance with fire codes
this is an exceptional investment with the opportunity for stable returns, whether you are an owner-occupant or investor. with all the recent upgrades and strategic location, 5013 chester ave is a prime opportunity you don’t want to miss.
call today to schedule a showing or inquire about financing options before this amazing investment opportunity slips away!
Property Type
Multi-FamilySubdivision
KingsessingCounty
PHILADELPHIAStyle
Converted Dwelling,TraditionalAD ID
48954847
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Combination Kitchen/Dining,Combination Kitchen/Living,Wood Floors,Combination Dining/Living,Breakfast Area
- Roof : Rubber,Shingle
- Basement Description: Fully Finished,Full,Heated,Rear Entrance,Windows,Walkout Stairs,Other,Space For Rooms,Outside Entrance,Improved
- Property Appliances: Range Hood,Refrigerator,Dishwasher,Washer/Dryer Hookups Only,Water Heater
Roofing Information
- Rubber,Shingle
Heating & Cooling
- Cooling: Central A/C,Multi Units
- Heating: Other,Heat Pump(s),Central,90% Forced Air
- Cooling Fuel: Electric
- Heating Fuel: Electric
Window Information
- Window Treatments: Double Hung,Double Pane
-
Exterior Features
Building Information
- Year Built: 1915
- Structure: Twin/Semi-Detached
- Major Appliances: Range Hood,Refrigerator,Dishwasher,Washer/Dryer Hookups Only,Water Heater
- New Construction: No
- Total Units: 4
- Built: 1915
- Construction Material: Masonry
- Security System: Smoke Detector,Surveillance Sys,Motion Detectors,Exterior Cameras,Carbon Monoxide Detector(s)
- Roof: Rubber,Shingle
- Foundation/Basement: Stone,Other,Brick/Mortar
- Architecture: Converted Dwelling,Traditional
- Pool/Private: No Pool
- Roof Type: Rubber,Shingle
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Other,Electric
-
Property / Lot Details
Lot Information
- Lot Size: 2,052
- Dimensions: 19.00 x 108.00
- Lot Size (Acres): 0.05
- Architectural Style: Converted Dwelling,Traditional
- Stories Total: 4
- Main Square Feet: 2,052
Property Information
- SQ ft: 4,550
- SQ ft (Living Area): 4,550
- Total Lot SQ ft: 2,052
- View: Park/Greenbelt,Street,Other,City
- Subdivision: KINGSESSING
- Financing: Conventional,Cash,FHA
- Appx. Lot Dimensions: 19.00 x 108.00
- Total Acreage: 0.05
- New Construction: No
- Type: Converted Dwelling,Traditional
-
Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 64
-
Taxes / Assessments
Tax Information
- Annual Tax: $1,959
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $140,000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: Off Street
Multi-Unit Information
- Acceptable Financing: Conventional,Cash,FHA
- Roof: Rubber,Shingle
Homeowners Association Information
- Direction: GPS
-
School, Utilities & Location Details
School Information
- High School: WEST PHILADELPHIA
- School District: PHILADELPHIA CITY
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Hot Water: Other,Electric
Location Information
- Location Type: Corner Lot/Unit
- Direction: GPS
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BuyOwner last updated this listing 05/17/2025 @ 20:26
- MLS: PAPH2457726
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 2,052 sized lot, and 0 parking. are nearby neighborhoods.