5718 CHESTER AVE new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19143
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,848 sqft
Price per Sqft $189
MLS Listing ID PAPH2445846
Style Straight Thru
Abv Grd Liv Area 1,848
Originating Board BRIGHT
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 Duplex
Property Description
Welcome to 5718 Chester Avenue, an exceptional turnkey investment in the heart of Philadelphia's thriving Kingsessing neighborhood! This fully rented property offers a remodeled duplex with two spacious residential units and a versatile 1,500 sq. ft. commercial space, providing multiple income streams for savvy investors. The duplex features a 2-bedroom, 1-bath unit and a 3-bedroom, 1-bath unit, both boasting modern updates including sleek flooring, contemporary kitchens with white shaker cabinets, stylish backsplashes, and newer appliances. The updated bathrooms showcase elegant tile work, modern vanities, and contemporary fixtures, creating a comfortable and stylish living space. Each unit is separately metered, with tenants responsible for their own utilities, ensuring low-maintenance ownership.
Adding to the value, the 1,500 sq. ft. commercial space, previously operated as an assisted living facility, offers incredible potential for a variety of uses, including medical offices, retail, professional services, or even residential conversion. With prime street visibility and high foot traffic, this space is perfect for an entrepreneur looking to establish a business or for an investor seeking additional rental income.
Located in a high-demand rental area, this property provides easy access to public transportation, local shops, dining, and all the best city conveniences. Whether you're expanding your investment portfolio, looking for a dynamic live/work opportunity, or seeking a property with strong cash flow potential, 5718 Chester Avenue is a must-see! Don't miss out on this rare opportunity – schedule your showing today!
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning CMX2
Interior
Hot Water Electric
Heating Radiant
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871560300
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard