Philadelphia, PA 19143,5013 CHESTER AVE
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Philadelphia, PA 19143,5013 CHESTER AVE
Philadelphia, PA 19143,5013 CHESTER AVE
Philadelphia, PA 19143,5013 CHESTER AVE
Philadelphia, PA 19143,5013 CHESTER AVE
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$ 719,900
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5013 CHESTER AVE Philadelphia, PA 19143

4,550 SqFt


UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,550 sqft

Price per Sqft $158

Subdivision Kingsessing

MLS Listing ID PAPH2457726

Style Converted Dwelling,Traditional

Abv Grd Liv Area 4,550

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $1,959

Tax Year 2024

Lot Size 2,052 Sqft

Acres 0.05

Lot Dimensions 19.00 x 108.00

Property Sub-Type Twin/Semi-Detached

Property 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!

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning RSA3

Rooms

Basement Fully Finished, Full, Heated, Rear Entrance, Windows, Walkout Stairs, Other, Space For Rooms, Outside Entrance, Improved

Interior

Interior Features Combination Kitchen/Dining, Combination Kitchen/Living, Wood Floors, Combination Dining/Living, Breakfast Area

Hot Water Other, Electric

Cooling Central A/C, Multi Units

Flooring Wood, Ceramic Tile, Carpet, Hardwood, Laminate Plank, Luxury Vinyl Plank, Other

Equipment Range Hood, Refrigerator, Dishwasher, Washer/Dryer Hookups Only, Water Heater

Fireplace N

Window Features Double Hung,Double Pane

Appliance Range Hood, Refrigerator, Dishwasher, Washer/Dryer Hookups Only, Water Heater

Heat Source Electric

Exterior

Water Access N

View Park/Greenbelt, Street, Other, City

Roof Type Rubber,Shingle

Accessibility None

Garage N

Building

Lot Description Corner, Road Frontage, Other

Foundation Stone, Other, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling, Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools West Philadelphia

School District Philadelphia City

Others

Tax ID 511269400

Ownership Fee Simple

SqFt Source Estimated

Security Features Smoke Detector,Surveillance Sys,Motion Detectors,Exterior Cameras,Carbon Monoxide Detector(s)

Acceptable Financing Conventional, Cash, FHA

Listing Terms Conventional, Cash, FHA

Financing Conventional,Cash,FHA

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by ARAFAT FARHAT • RE/MAX Preferred - Cherry Hill

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5013 CHESTER AVE