4942 Chestnut St, Philadelphia, PA 19139
Local realty services provided by:CENTURY 21 Ryon Real Estate
4942 Chestnut St,Philadelphia, PA 19139
$675,000
- 3 Beds
- - Baths
- 2,765 sq. ft.
- Multi-family
- Active
Listed by: peter van der vlugt
Office: compass pennsylvania, llc.
MLS#:PAPH2674106
Source:BRIGHTMLS
Price summary
- Price:$675,000
- Price per sq. ft.:$244.12
About this home
Turnkey, fully renovated and occupied University City quadplex offered at a 7.72% in-place cap rate! AND it has most of its full 10-year tax abatement remaining! This property offers immediate income with additional upside through light value-add and rental optimization, without the need for a major renovation program.
Extensive building upgrades include a new roof and major building systems, along with updated interiors featuring hardwood flooring, modern finishes in all kitchens and baths, abundant natural light, and individually managed electric services. This three-story property includes four spacious and distinct units: a large bi-level 4BR/2BA with private outdoor space, a bright and open studio with bay windows, a spacious 1BR, and a 2BR with a private third-floor deck. A shared coin-operated basement laundry provides additional resident convenience and supplemental income potential.
Ideally located in University City with convenient access to Penn, Drexel, major medical institutions, public transportation, restaurants, retail, and neighborhood amenities. This is a rare opportunity to acquire a renovated, fully occupied multifamily asset with immediate cash flow and identifiable upside....
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Home facts
- Year built:1925
- Listing ID #:PAPH2674106
- Added:2 day(s) ago
- Updated:September 27, 2026 at 01:31 PM
Rooms and interior
- Bedrooms:3
- Rooms Total:15
- Basement:Yes
- Basement Description:Improved
- Living area:2,765 sq. ft.
Heating and cooling
- Cooling:Central A/C, Ductless/Mini-Split
- Heating:Electric, Forced Air
Structure and exterior
- Year built:1925
- Building area:2,765 sq. ft.
- Lot area:0.04 Acres
- Architectural Style:Traditional
- Construction Materials:Masonry
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$675,000
- Price per sq. ft.:$244.12
- Tax amount:$2,659 (2026)
Parking
- Parking description:On Street
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