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4921 Chester Avenue, a newly constructed six-unit multifamily building located in the rapidly growing Kingsessing neighborhood of West Philadelphia. Delivered in 2025, this property offers a fully stabilized, turnkey investment opportunity with high-quality modern finishes, efficient layouts, and strong in-place cash flow. Situated just steps from SEPTA transit and anchored by major University City employment drivers, this offering is ideal for an investor seeking a low-maintenance asset in an appreciating corridor. Stabilized 6-Unit Asset in West Philadelphia Delivered in 2025, this turnkey investment features: - Modern 1BD, 1BD+Den, and 2BD layouts, including top-floor units with private roof decks - $1,395,000 asking price | $232,500 per unit | $320.22 per SF - $10,025/month in-place rental income with a 6.99% pro forma CAP rate - 10-year tax abatement, in-unit washer/dryers, smart entry systems, and energy-efficient mechanicals - RM1 zoning with no affordability restrictions
| DAYS ON MARKET | 131 | LAST UPDATED | 10/7/2025 |
|---|---|---|---|
| YEAR BUILT | 2025 | COMMUNITY | 19143 (19143) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| PRICE HISTORY | |
| Prior to Aug 15, '25 | $1,500,000 |
|---|---|
| Aug 15, '25 - Oct 7, '25 | $1,395,000 |
| Oct 7, '25 - Today | $1,350,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 19143 (19143) |
| CONSTRUCTION | Brick, Concrete, Vinyl Siding |
| HEAT | Central, Electric |
| LOT | 2178 sq ft |
| LOT DIMENSIONS | 32.00 x 71.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 979 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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