
5237 Chester Ave Philadelphia, PA 19143
Kingsessing NeighborhoodEstimated payment $4,038/month
Highlights
- No HOA
- 1-minute walk to Chester Avenue And 53Rd Street
- Luxury Vinyl Plank Tile Flooring
- Eat-In Kitchen
- Intercom
- Central Heating and Cooling System
About This Home
CHESTER AVE LOFTS: It is my distinguished honor to present to you 5237 Chester Ave. Philadelphia, PA 19143. • Down the street, we are also listing a 3 unit Commercial Mixed Use on 5129 Chester Ave. Philadelphia, PA 19143. Located in the Heart of Kingsessing, Southwest Philadelphia, adjacent to a transformative intersection, anchored by a Commercial Mixed Use Corridor and surrounded by residential properties and commercial spaces, Southwest Philadelphia has undergone a radical transformation and evolution in the last few decades. We are directly on a trolley line transportation hub that takes you to University City and the major universities, including University of the Sciences of Philadelphia(USP), Drexel University, and the University of Pennsylvania, an Ivy League Institution, as well as to Center City substations. Across the street are 2 massive multi-unit development projects, as well as an institutional subdivision development. • See attached pro-forma which shows 11+ Capitalization rate, with potential $6000-$7000/monthly cash flow. Enter this 3 story 2,672 Square Ft Building with 6 units featuring 1 Bed|1 Bath apartments newly renovated ranging from $1000-$1200/month. All of the units are renovated with beautifully designed kitchen, equipped with granite countertops, modern appliances including a gas stove, microwave, refrigerator, and dishwasher. The kitchen features ceiling lighting, luxury vinyl flooring, and a garbage disposal. This apartment unit features floors and vinyl flooring, high ceilings, newly renovated throughout with new stainless steel appliances. The bathroom has been recently updated with a new vanity, mirror, shower, toilet, and new tile flooring. Each unit has electric baseboards, The property is filled with radiant natural light and illumination from beautiful windows. The property is close to bus stops and close to multi-modal public transportation, Walk to public transportation (Bus and Trolley), Kingsessing Recreation Center, shops, eateries, local market, and in proximity to businesses such as cafes, bars, eclectic and multicultural cuisine and food establishments. Come live in Kingsessing, where there are many things to do and people in a thriving community. We are filling up the building with tenants and can have the entire building occupied by the time of acquisition settlement. We have thoroughly screened and evaluated all potential applicants. To apply, we are running credit reports, criminal backgrounds, eviction history, and reviewing all income & financial documentation. If you are selected as a tenant, we will collect the first, last & security deposit(one month). There are no minimum score requirements. The entire financial and credit profile will be reviewed in its entirety to determine application viability. Pets are permissible on a case by case scenarios and there is no smoking allowed. We look forward to doing business with you and we will ensure a smooth, efficient, and professional process for all parties. Thank you for the opportunity to showcase this home and we wish you the best of luck in your investment portfolio search.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,364
Year Built
- Built in 1968
Lot Details
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Rubber Roof
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- Property has 3 Levels
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Dishwasher
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 6 Main Level Bedrooms
- 6 Full Bathrooms
Home Security
- Intercom
- Exterior Cameras
Utilities
- Central Heating and Cooling System
- 100 Amp Service
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 881707575
Community Details
Overview
- No Home Owners Association
- 6 Units
- Low-Rise Condominium
- Kingsessing Subdivision
Pet Policy
- Pets allowed on a case-by-case basis
- Pet Size Limit
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/23/2025 07/23/25 | Price Changed | $645,000 | -0.5% | $241 / Sq Ft |
06/05/2025 06/05/25 | Price Changed | $648,000 | -0.1% | $243 / Sq Ft |
02/28/2025 02/28/25 | Price Changed | $648,888 | 0.0% | $243 / Sq Ft |
11/23/2024 11/23/24 | For Sale | $649,000 | 0.0% | $243 / Sq Ft |
11/23/2024 11/23/24 | For Sale | $649,000 | -- | $198 / Sq Ft |
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Source: Bright MLS
MLS Number: PAPH2421012

APN: 88-1-7075-75
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