$315,000

Estimated payment $1,831/month

Total Views 3,032
-- Bed
-- Bath
1,848 Sq Ft
$170 Price per Sq Ft

Highlights

  • Straight Thru Architecture
  • Radiant Heating System
  • 1-minute walk to Chester Avenue And 58Th Street

About This Home

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!

Listing Agent

Cat Bond

KW Empower License #Rs0037322 Listed on: 02/27/2025

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 1925

Lot Details

  • 1,457 Sq Ft Lot
  • Lot Dimensions are 16.00 x 94.00

Parking

  • On-Street Parking

Home Design

  • 1,848 Sq Ft Home
  • Duplex
  • Straight Thru Architecture
  • Masonry

Utilities

  • Radiant Heating System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 225
  • Assessor Parcel Number 871560300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,417

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Over Storefront
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: 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!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Total Sq Ft: 1848
  • Living Area Sq Ft: 1848
  • Price Per Sq Ft: 170.45
  • Above Grade Finished Sq Ft: 1848
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5718

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: S30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 94.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1457.00
  • Year Assessed: 2025
  • Zoning: CMX2

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 794.00
  • Tax Annual Amount: 1417.00
  • Assessor Parcel Number: 871560300
  • Tax Lot: 225
  • Tax Total Finished Sq Ft: 1848
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,422 $101,300 $20,260 $81,040
2024 $1,422 $101,300 $20,260 $81,040
2023 $1,422 $101,600 $20,300 $81,300
2022 $1,176 $101,600 $20,300 $81,300
2021 $1,176 $0 $0 $0
2020 $1,176 $0 $0 $0
2019 $1,165 $0 $0 $0
2018 $1,131 $0 $0 $0
2017 $1,174 $0 $0 $0
2016 $1,174 $0 $0 $0
2015 $1,124 $0 $0 $0
2014 -- $83,900 $5,799 $78,101
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 Price Changed $315,000 -4.5% $170 / Sq Ft
08/05/2025 08/05/25 Price Changed $330,000 -4.3% $179 / Sq Ft
05/08/2025 05/08/25 Price Changed $345,000 -1.4% $187 / Sq Ft
02/27/2025 02/27/25 Price Changed $350,000 +34.6% $189 / Sq Ft
02/27/2025 02/27/25 For Sale $260,000 +44.4% $141 / Sq Ft
12/20/2023 12/20/23 Sold $180,000 +2.9% $97 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
09/12/2023 09/12/23 Price Changed $174,900 -2.8% $95 / Sq Ft
09/06/2023 09/06/23 For Sale $179,900 -0.1% $97 / Sq Ft
09/01/2023 09/01/23 Off Market $180,000 -- --
08/11/2023 08/11/23 Price Changed $179,900 -2.7% $97 / Sq Ft
06/28/2023 06/28/23 Price Changed $184,900 -5.1% $100 / Sq Ft
06/08/2023 06/08/23 For Sale $194,900 -- $105 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $167,000 None Listed On Document
Deed $13,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $267,000 Credit Line Revolving
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2445846

Bright MLS

APN: 871560300