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4813-4815 Chester Ave 7 Unit Apartment Building £1,419,870 (£202,839/Unit) Philadelphia, PA 19143
INVESTMENT HIGHLIGHTS
- 7 Multifamily Units | Philadelphia, PA
- Off-Street Parking Available | 5 Parking Spaces with Ability to Add More Through Renovations
- Unit Mix | 2 Spacious One-Beds and 5 Large Two-Beds
- Historically Strong Occupancy | Currently 100 Percent Occupied
EXECUTIVE SUMMARY
SCOPE Commercial Real Estate Services, LLC ("SCOPE") is pleased to present the opportunity to acquire 4813-15 Chester Avenue, a 7-unit multifamily asset in Philadelphia, PA. This well-maintained property consists of two adjacent triplexes, totaling 5,976 square feet, with a desirable unit mix of 2 one-bedroom, one-bathroom units and 5 two-bedroom, one-bathroom units. The spacious units feature modern finishes, attractive layouts, and strong in-place rents, providing investors with immediate cash flow and potential for future appreciation.
Each unit is designed for comfortable urban living, featuring high-quality flooring, well-equipped kitchens, and efficient heating and cooling systems. The property also offers a private, off-street parking lot, a highly sought-after amenity in the area that enhances tenant convenience and retention.
Situated in one of Philadelphia’s dynamic residential corridors, 4813-15 Chester Avenue provides residents with seamless access to public transportation, including nearby SEPTA trolley and bus routes that connect directly to University City and Center City. The property is also conveniently located near local retail, restaurants, and entertainment options, making it an attractive location for tenants seeking both affordability and accessibility.
With a strong rental foundation and additional value-add potential through strategic upgrades, 4813-15 Chester Avenue presents a turnkey investment opportunity in a steadily growing market. Whether as a long-term hold or a value-enhancement play, this asset is well-positioned to deliver consistent returns for investors.
Each unit is designed for comfortable urban living, featuring high-quality flooring, well-equipped kitchens, and efficient heating and cooling systems. The property also offers a private, off-street parking lot, a highly sought-after amenity in the area that enhances tenant convenience and retention.
Situated in one of Philadelphia’s dynamic residential corridors, 4813-15 Chester Avenue provides residents with seamless access to public transportation, including nearby SEPTA trolley and bus routes that connect directly to University City and Center City. The property is also conveniently located near local retail, restaurants, and entertainment options, making it an attractive location for tenants seeking both affordability and accessibility.
With a strong rental foundation and additional value-add potential through strategic upgrades, 4813-15 Chester Avenue presents a turnkey investment opportunity in a steadily growing market. Whether as a long-term hold or a value-enhancement play, this asset is well-positioned to deliver consistent returns for investors.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | £1,419,870 | Costar Property Class | C |
| Price Per Unit | £202,839 | Total Plot Size | 0.25 ac |
| Sale Type | Investment | Property Size | 5,976 sq ft |
| No. Units | 7 | No. Floors | 3 |
| Property Type | Build-to-Rent | Year Built | 1880 |
| Property Subtype | Apartment | Parking Allocation | 0.84/1,000 sq ft |
| Apartment Style | Low-Rise | ||
| Use Class | RSA-3 | ||
| Price | £1,419,870 |
| Price Per Unit | £202,839 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.25 ac |
| Property Size | 5,976 sq ft |
| No. Floors | 3 |
| Year Built | 1880 |
| Parking Allocation | 0.84/1,000 sq ft |
| Use Class | RSA-3 |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Stainless Steel Appliances
- Freezer
SITE AMENITIES
- Controlled Access
- Fenced Lot
- Public Transportation
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 5 | - | - |
1 1
Walk Score®
Excellent pedestrian access (90)
Transit Score®
Excellent Public Transport (80)
Bike Score®
Ideal For Cyclists (92)
PROPERTY TAXES
| Parcel Number | 461000001 | Improvements Assessment | £244,096 |
| Land Assessment | £104,613 | Total Assessment | £348,709 |
PROPERTY TAXES
Parcel Number
461000001
Land Assessment
£104,613
Improvements Assessment
£244,096
Total Assessment
£348,709
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4813-4815 Chester Ave
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