5718 CHESTER AVE, Philadelphia, PA 19143
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Fran Valerio

Fran Valerio

+1(717) 602-0551
Listed by Christopher Yangello • Capital Commercial Real Estate Group
$425,000
Est. payment /mo
1,457 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2654752

Year Built 1925

Annual Tax Amount $1,417

Tax Year 2024

Lot Size 1,457 Sqft

Acres 0.03

Lot Dimensions 16.00 x 94.00

Property Sub-Type Mixed Use

Source BRIGHT

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

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning CMX2

Interior

Hot Water Electric

Heating Central

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871560300

Ownership Fee Simple

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Fran Valerio
Fran Valerio

Listing Specialist, Team Leader | RS RS311467

+1(717) 602-0551 | fvalerio@soldincentralpa.com

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