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5013 Chester AvenuePhiladelphia, PA 19143

For Sale

$799,900

Smart Buyer Rebate $7,999

Exceptional Corner Four-Unit Investment Property in University City
Address: 5013 Chester Ave, Philadelphia, PA
🏡 Updated Listing – Now Offered at $799,900!
Incredible investment or owner-user opportunity! This property is now listed at $799,900 and features separately metered utilities, providing excellent rental flexibility and cost efficiency. Each unit includes its own independent forced air central heating and air conditioning systems, ensuring year-round comfort and complete autonomy for tenants or residents.
Whether you're looking to expand your portfolio or settle into a property that pays for itself, this listing offers unmatched value.
📍 Features:
Each unit with separate electric, and water meters
Independent central HVAC systems for every unit (forced air heat & A/C)
Income-producing potential
Prime location
📞 Contact us today for more details or to schedule a private tour!


Don’t miss out on this outstanding opportunity to own a well-maintained four-unit investment property in the highly desirable University City neighborhood! Located at a prime corner with convenient access to the 13 Trolley and Regional Rail, this property is ideally situated for renters, offering ease of access to local universities, hospitals, and all that the vibrant area has to offer.

Key Features:
Fully Renovated 3rd Floor Apartment – 2025:
The 3rd-floor apartment has been completely renovated in 2025, offering fresh, modern finishes and an updated design. A great option for prospective tenants looking for stylish, move-in ready living spaces.

Well-Maintained & Updated Units:
This twin corner property was fully renovated in 2012, with each unit showcasing extra width, high ceilings, and abundant natural light throughout. Every apartment has its own central air conditioning and heating units, ensuring year-round comfort for tenants.

Efficient and Tenant-Friendly Layout:

Two 2-bedroom units

One 3-bedroom unit

One spacious studio apartment with office space on the lower level

All units feature separate utilities, providing ease of management and reducing the burden on the owner.

Modern Amenities & Peace of Mind:

Laundry room and storage in the basement for tenant convenience

New concrete surrounding the building for an enhanced exterior

State-of-the-art security system, including automatic flood lights

Property complies with Philadelphia Fire Code for added safety

Newly installed 5” sewer line with a 100-year corrosion warranty

Prime Location:
Located near major hospitals and universities, this property attracts high-demand tenants, offering stable, long-term returns. The location is ideal for students, medical professionals, and faculty members looking for a convenient, well-maintained living space.

Investment & Financing Options:
For Owner Occupants:

FHA financing with as little as 3.5% down

Conventional financing with as little as 5% down

$3,000 grant & $7,500 grant eligible

For Investors:

Rent-only verification

Financing options with as little as 20% down

Ability to buy in an LLC

Pre-payment penalties allowed to secure rates in the 6% range

Interest-only financing with 25% down

Why This Property?
High-demand University City location

Fully updated, well-maintained units with modern amenities

Turnkey investment with separate utilities and security features

Stable rental income potential in a prime area near hospitals and universities

Peace of mind with recent updates, including a new sewer line and compliance with fire codes

This is an exceptional investment with the opportunity for stable returns, whether you are an owner-occupant or investor. With all the recent upgrades and strategic location, 5013 Chester Ave is a prime opportunity you don’t want to miss.

Call today to schedule a showing or inquire about financing options before this amazing investment opportunity slips away!

Listed by ARAFAT FARHAT

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License #RS352372

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RE/MAX Preferred - Cherry Hill

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6093525803

Last updated August 28, 2025

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Source: BrightMLS #PAPH2457726

Listing Facts

  • TypeMulti-family
  • NeighborhoodKingsessing
  • Days on Prevu177
  • Taxes$1,959/year
  • Size4,551 sqft
  • Price per sqft$176

Amenities

  • Dishwasher
  • Parking

Location

Mortgage Calculator

Listing History

08/19/2025
Price Increased
$799,900
08/07/2025
Price Decreased
$599,900
07/11/2025
Price Decreased
$629,900
06/26/2025
Price Decreased
$675,000
06/13/2025
Price Decreased
$699,900
03/14/2025
Listed by RE/MAX Preferred - Cherry Hill
$719,900

Property Details for 5013 Chester Avenue

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Property Condition: Very Good, Good, Excellent
  • Roof: Rubber, Shingle
  • Stories Total: 3
  • Window Features: Double Hung, Double Pane
  • Year Built: 1915
  • Architectural Style: Converted Dwelling, Traditional
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • View: Park/Greenbelt, Street, Other, City
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Estimated
  • Lot Features: Corner, Road Frontage, Other
  • Lot Size Acres: 0.05
  • Lot Size Dimensions: 19
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 2,052
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $1,959.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Range Hood, Refrigerator, Dishwasher, Washer/Dryer Hookups Only, Water Heater
  • Fireplace: No
  • Flooring: Wood, Ceramic Tile, Carpet, Hardwood, Laminate Plank, Luxury Vinyl Plank, Other
  • Interior Features: Combination Kitchen/Dining, Combination Kitchen/Living, Wood Floors, Combination Dining/Living, Breakfast Area

Measurements

  • Living Area: 4,551
  • Living Area Source: Estimated

Rooms

  • Basement: Fully Finished, Full, Heated, Rear Entrance, Windows, Walkout Stairs, Other, Space For Rooms, Outside Entrance, Improved
  • Has Basement: Yes

Other

General

  • Exclusions: TENANTS PERSONAL BELONGINGS

Location

  • Subdivision Name: KINGSESSING
  • Tax Lot: 52

Parking

Parking

  • Garage: No

Schools

High School

  • High School: WEST PHILADELPHIA

Utilities

Equipment

  • Cooling: Central A/C, Multi Units
  • Electric: 100 Amp Service
  • Heating: Other, Heat Pump(s), Central, 90% Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.