5237 Chester Avenue

Philadelphia, PA 19143

$649,000
Price
6
Beds
6
Baths
3,272 Sq. Ft.
$198 / Sq. Ft.
3,272
Sq. Ft.
$198
per Sq. Ft.

New

New

Description

CHESTER AVE LOFTS: It is my distinguished honor to present to you 5237 Chester Ave. Philadelphia, PA 19143. • Down the street, we are also listing a 3 unit Commercial Mixed Use on 5129 Chester Ave. Philadelphia, PA 19143. Located in the Heart of Kingsessing, Southwest Philadelphia, adjacent to a transformative intersection, anchored by a Commercial Mixed Use Corridor and surrounded by residential properties and commercial spaces, Southwest Philadelphia has undergone a radical transformation and evolution...CHESTER AVE LOFTS: It is my distinguished honor to present to you 5237 Chester Ave. Philadelphia, PA 19143. • Down the street, we are also listing a 3 unit Commercial Mixed Use on 5129 Chester Ave. Philadelphia, PA 19143. Located in the Heart of Kingsessing, Southwest Philadelphia, adjacent to a transformative intersection, anchored by a Commercial Mixed Use Corridor and surrounded by residential properties and commercial spaces, Southwest Philadelphia has undergone a radical transformation and evolution in the last few decades. We are directly on a trolley line transportation hub that takes you to University City and the major universities, including University of the Sciences of Philadelphia(USP), Drexel University, and the University of Pennsylvania, an Ivy League Institution, as well as to Center City substations. Across the street are 2 massive multi-unit development projects, as well as an institutional subdivision development. Across the street are 2 massive multi-unit development projects, as well as an institutional subdivision development • See attached pro-forma which shows 11+ Capitalization rate, with potential $6000-$7000/monthly cash flow. Enter this 3 story 2,672 Square Ft Building with 6 units featuring 1 Bed|1 Bath apartments newly renovated ranging from $1000-$1200/month. All of the units are renovated with beautifully designed kitchen, equipped with granite countertops, modern appliances including a gas stove, microwave, refrigerator, and dishwasher. The kitchen features ceiling lighting, luxury vinyl flooring, and a garbage disposal. This apartment unit features floors and vinyl flooring, high ceilings, newly renovated throughout with new stainless steel appliances. The bathroom has been recently updated with a new vanity, mirror, shower, toilet, and new tile flooring. Each unit has electric baseboards, The property is filled with radiant natural light and illumination from beautiful windows. The property is close to bus stops and close to multi-modal public transportation, Walk to public transportation (Bus and Trolley), Kingsessing Recreation Center, shops, eateries, local market, and in proximity to businesses such as cafes, bars, eclectic and multicultural cuisine and food establishments. Come live in Kingsessing, where there are many things to do and people in a thriving community. We are filling up the building with tenants and can have the entire building occupied by the time of acquisition settlement. We have thoroughly screened and evaluated all potential applicants. To apply, we are running credit reports, criminal backgrounds, eviction history, and reviewing all income & financial documentation. If you are selected as a tenant, we will collect the first, last & security deposit(one month). There are no minimum score requirements. The entire financial and credit profile will be reviewed in its entirety to determine application viability. Pets are permissible on a case by case scenarios and there is no smoking allowed. We look forward to doing business with you and we will ensure a smooth, efficient, and professional process for all parties. Thank you for the opportunity to showcase this home and we wish you the best of luck in your investment portfolio search.
  1. Listed by Minh Nguyen-Rivera • KW Empower
    P: (267)-628-8062 winwithminhphilly@gmail.com

Property Details for 5237 Chester Avenue

Tax ID Number
881707575
Ownership
Other
Condo Coop Association
No
HOA
No
Entry Floor Number
1
Structure Type
Unit/Flat/Apartment
Style
Other
Levels/Stories
3
LISTING UPDATED: 11/23/2024 02:04 AM

Property Details for 5237 Chester Avenue

StatusActive
MLS #PAPH2421012
Days on Market2
Taxes$1,515 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Other
Year Built1968
CountyPhiladelphia County

Building Information for 5237 Chester Avenue

Building/Complex5237 Chester AveFloor-Stories3Residences6Pet PolicyAllowedYear Built1968

Property Information for 5237 Chester Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19143 (19143)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $383,200
  • Year Assessed: 2025
  • Clean Green Assessed: No
  • Loss Mitigation Fee: No
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RSA5
  • Zoning Dscrp: Variance for 6 unit dwelling
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Size/Weight Restriction, Case by Case Basis
Rooms
Main
  • # Bedrooms Count Main Level: 6
  • # Bathrooms Count Main Level: 6
  • # Bathrooms Full Main Level: 6
Rooms
  • Stories: Main
Financial Information
Financial Information
  • Annual Rental Income: $79,200
Building Info
Building Info
  • Building Units Total: 6
  • Total Finished SQFT: 3,272.00
  • Total Finished SQFT Source: Estimated
  • Total SQFT: 3,272.00
  • Total SQFT Source: Estimated
  • Construction Materials: Masonry
  • Roof: Flat, Rubber
  • Ext Main Mid-res: http://bright-media01.prd.brightmls.com/bright/images/0000/8031/0610/3698/803106103698_512_384_WM_5MDPQ9cH9aVts2y5.jpg
  • Flooring Type: Luxury Vinyl Plank, Carpet
  • Foundation Details: Concrete Perimeter
  • Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bedrooms-Main Level-4, Bedrooms-Main Level-5, Bedrooms-Main Level-6, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Full-Main Level-3, Bathrooms Full-Main Level-4, Bathrooms Full-Main Level-5, Bathrooms Full-Main Level-6
  • # Bathrooms Full: 6
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 20.00 x 100.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1412252
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Kitchen - Eat-In
  • Fireplace: No
  • Appliances: Dishwasher, Oven/Range - Gas, Refrigerator
  • Accessibility Features: None
  • Security Features: Exterior Cameras, Intercom
  • Laundry Type: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Electric Available, Natural Gas Available, Other
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 100 Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 5237 Chester Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5237 Chester Avenue

Taxable ValueLand$32,490Additions$75,810Total$108,300
Tax Record2023$1,516 ($126 / month)
Home Facts
Total Finished SqFt2,672 SqFtAbove Grade Finished SqFt2,672 SqFtStories3Lot Size2,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningRSA5CountyPHILADELPHIAAPN88-1-7075-75

Schools near 5237 Chester Avenue

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Comegys Benjamin B School
Public - K to 8
Bartram John - Main
Public - 9 to 12
The Workshop School
Public - 9 to 12
Motivation High School
Public - 9 to 12
Rating
School
Distance
Comegys Benjamin B School
PublicK to 8

Bartram John - Main
Public9 to 12

The Workshop School
Public9 to 12

Motivation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Homes for Sale near Kingsessing

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ZIPs

More information about 5237 Chester Avenue, Philadelphia, PA 19143

5237 Chester Avenue is a condo for sale in Philadelphia, PA 19143. This property was listed for sale on November 23, 2024 by KW Empower, it's currently listed at $649,000. It has been on the market for a total of 2 days and was last sold on June 18, 2020. This listing's school district is The School District of Philadelphia. Nearby schools include Comegys Benjamin B School, Bartram John - Main and The Workshop School. 5237 Chester Avenue is a 6-bed, 6-bath, 3,272 sqft condo built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Empower

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.