5013 CHESTER AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19143
Key Details
Property Type Townhouse
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
Year Built 1915
Annual Tax Amount $1,959
Tax Year 2024
Lot Size 2,052 Sqft
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
Interior
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
Exterior
Water Access N
View Park/Greenbelt,Street,Other,City
Roof Type Rubber,Shingle
Building
Lot Description Corner,Road Frontage,Other
Foundation Stone,Other,Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools West Philadelphia
School District Philadelphia City
Others
Acceptable Financing Conventional,Cash,FHA
Listing Terms Conventional,Cash,FHA
Special Listing Condition Standard