5013 Chester Ave, PHILADELPHIA, PA 19143
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
5013 Chester Ave,PHILADELPHIA, PA 19143
$799,900
- 6 Beds
- - Baths
- 4,551 sq. ft.
- Multi-family
- Active
Listed by:arafat farhat
Office:re/max preferred - cherry hill
MLS#:PAPH2457726
Source:BRIGHTMLS
Price summary
- Price:$799,900
- Price per sq. ft.:$175.76
About this home
Exceptional Corner Four-Unit Investment Property in University City
Address: 5013 Chester Ave, Philadelphia, PA
🏡 Updated Listing – Now Offered at $699,900!
Incredible investment or owner-user opportunity! This property is now listed at $699,900 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.
đź“Ť 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
đź“ž 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!
Contact an agent
Home facts
- Year built:1915
- Listing Id #:PAPH2457726
- Added:162 day(s) ago
- Updated:August 24, 2025 at 01:30 PM
Rooms and interior
- Bedrooms:6
- Living area:4,551 sq. ft.
Heating and cooling
- Cooling:Central A/C, Multi Units
- Heating:90% Forced Air, Central, Electric, Heat Pump(s)
Structure and exterior
- Roof:Rubber, Shingle
- Year built:1915
- Building area:4,551 sq. ft.
- Lot area:0.05 Acres
Schools
- High school:WEST PHILADELPHIA
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$799,900
- Price per sq. ft.:$175.76
- Tax amount:$1,959 (2024)
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