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5718 Chester Avenue, Philadelphia, PA 19143

$425,000
  • 5718 Chester Avenue, Philadelphia, PA 19143 Main Photo

1 Photos

ACTIVE
MLS#PAPH2654752
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLPHILADELPHIA CITY

Property Description

Part of a Portfolio - $2,823,000 ($166,058.82/Unit) Cap: 5.78% 9 Units Portfolio Overview Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia. The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements. Seller is willing to sell properties individually or as a portfolio. 5718 Chester Ave: Asking Price $425,000 (Loan 380k & 1 Vacant Unit) Property Type Mixed Use Financial Summary Current Monthly Income Approximately $3,200 Current NOI Approximately $14,736 Cap Rate 3.47% Highlights • Two apartments • One commercial tenant • One residential vacancy • Excellent lease-up opportunity Building Information Commercial Lease Expires September 1, 2027 Utilities Commercial Electric & Gas Residential Gas heat Roof Approximately 2 years old Mechanicals Commercial Forced Air Approximately 6 months old Residential Furnaces 15+ years Renovations Recent upgrades include • Plumbing • Electrical • Flooring • Tile • Cabinets • Countertops • Appliances Condition Commercial Excellent Residential Good Deferred Maintenance • New residential furnace recommended • New commercial condenser recommended Known Issues: None

5718 Chester Avenue | MLS# PAPH2654752

This commercial property located at 5718 Chester Avenue, Philadelphia, PA 19143 is currently listed for sale with an asking price of $425,000. Chester Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.

Property Features

Property Type: Commercial -
Cooling: None
Fuel Type: Natural Gas
Heating: Central
Lot Size: 0.03 Acres
Taxes: $1,417
Year Built: 1925

Feature Descriptions

Days on Site: 25
Exterior: Masonry
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 2
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: Capital Commercial Real Estate Group
Agency Phone: 6103599700

Shown By

Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655

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