Listed By:
KW Empower
Address
4817 Chester Avenue, Philadelphia, PA
Price
$ 1,900,000
Property Attributes
  • MLS#PAPH2297024
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19143
  • Zip19143
  • Style
  • Year Built1925
  • Taxes$ 7787
  • Price$ 1,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8,712 SqFt
Data Source:
Bright MLS
Property Description

Calling all commercial investors and developers for an excellent development opportunity in Kingsessing. This large corner property has a lot size of 70 x 125 or 8,750 SqFt with a curb cut on the 49th Street side leading to ample parking. The building currently has 4 commercial units totalling 6,810 SqFt and current occupants include a laundromat, a convenience store, a church and one vacant unit. All leases are on a month to month contract allowing for the property to be delivered occupied or vacant at closing. The size and zoning of this property allows for the addition of 15 to 20 residential units by right. Alternatively, the current building could be demolished in order for the construction of a large new condo or apartment building with commercial units on the first floor. Additional features include its convenient location next to multiple transit lines, the 13 Trolly servicing The Darby Transportation center to Market East Jefferson Station, and Septa regional rail Media/Wawa Line, with service from Media station to center city and Temple University. It is also in walking distance to shopping and nightlife on Baltimore Ave. and a short commute to UPenn, Drexel University and Center City.

Price History
11/13/2023 Listed $1,900,000

General Features

Sewer Public Sewer
Heating Other
Cooling Other
Utilities Natural Gas Available,Electric Available
Possession 0-30 Days CD,31-60 Days CD
Zoning CMX2
Pool Y/N No Pool
Architectural Style Other
Construction Materials Masonry
Exclusions Tenants personal property
Year Built 1925
Property SubType Other
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility Other
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade
Status ACTIVE
Directions GPS
ModificationTimestamp 2024-02-18T15:37:56
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 4
MLS Area 19143 (19143)
Lot Size Square Feet 8750.00
Tax Assessed Value 556300.0
Waterfront Y/N No
Street Name CHESTER
Tax Annual Amount 7787.0
Structure Type Other
Price Per Sq Ft 296.41
Acceptable Financing Cash,Conventional,FHA
Vacation Rental Y/N No
Total SQFT 6410
Days on Market 170
Standard Status Active
Year Built Source Estimated
Tax Lot 166
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas,Electric
Hot Water Natural Gas
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N No
LivingAreaSource Estimated

Exterior Features

Water Source Public
Type of Parking Parking Lot
Land Use Code AA0
Water View Y/N No
Lot Dimensions 70.00 x 125.00
Lot Size Acres 0.20
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 111260.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Estimated

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19143

Price
AVG $430K
$1.9M
Taxes
AVG $2,740
$7,787
Visits
AVG 164
330
Data Provided by Inside Real Estate®
Year Built
AVG 1931
1925

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