Investor Alert! 5 unit building in University City, in the Squirrel Hill section, with active rental license/zoning. All separate utilities except hot/cold water. Many renovations, including 4 newer kitchens with granite and stainless steel appliances and 5 newer baths, 3/8" vinyl flooring in units and some new plumbing and electric; all redone in 2022. One heat forced air furnace and all electric baseboard heat replaced in 2024-2025. All units have A/C with either C/A or mini-splits and one window unit. Laundry in basement. Three 1BR/1BA, one 1BR/1BA w/office and one studio. Building is currently leased with a total current annual revenue of $64,980.00. Units currently rented below market value due to some winter leases, providing future upside. Great value-add opportunity with garage parking and potential room for paid parking in rear. Garage marketed as-is. Convenient to Penn, Drexel and University of the Sciences. # 13 trolley stops in front of building and a commuter train is one block away.
Listed by Abram Haupt
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License #RS298948
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Elfant Wissahickon-Chestnut Hill
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6109963405
Last updated August 25, 2025
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Source: BrightMLS #PAPH2526016
Listing Facts
TypeMulti-family
NeighborhoodSouthwest Cedar Park
Days on Prevu28
Taxes$6,664/year
Size2,775 sqft
Price per sqft$230
Amenities
Parking
Location
Mortgage Calculator
Listing History
08/12/2025
Listed by Elfant Wissahickon-Chestnut Hill
$639,000
Property Details for 4802 Chester Avenue
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Year Built: 1900
Architectural Style: Traditional
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Patio And Porch Features: Patio(s)
Waterfront: No
Measurements
Lot Size Acres: 0.11
Lot Size Source: Estimated
Lot Size Square Feet: 4,725
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $6,664.00
Tax Year: 2024
Interior
Features
Fireplace: No
Measurements
Living Area: 2,775
Living Area Source: Estimated
Rooms
Basement: Unfinished
Has Basement: Yes
Other
Location
Tax Lot: 18
Parking
Parking
Garage Spaces: 1
Garage: Yes
Utilities
Equipment
Cooling: Central A/C, Ductless/Mini-Split
Heating: Forced Air, Baseboard - Electric
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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