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Listed by Catawba Bond • KW Empower
$290,000
Est. payment /mo
1,457 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2526044
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 Mixed Use
Source BRIGHT
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!
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
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871560300
Ownership Fee Simple
Special Listing Condition Standard
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William Mercogliano III
Broker Associate | License ID: 0893537
Broker Associate License ID: 0893537
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