5013 Chester Ave Philadelphia, PA 19143
Well-maintained four-unit property in University City with modern amenities.
Property Features for 5013 Chester Ave
General Information
- Standard status
- Active
- Size
- 4,550 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1915
Listing office RE/MAX Preferred
Listing date Apr 8, 2025
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime University City location near hospitals and universities
- Fully renovated and well‑maintained units, including a 3rd‑floor apartment renovated in 2025
- Each unit has separate utilities and its own central air conditioning and heating
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.9k | $16.68 |
| − Vacancy | −$5.5k | −$1.20 |
| EGI | $70.4k | $15.48 |
| − OpEx | −$21.1k | −$4.64 |
| NOI | $49.3k | $10.83 |
