4122 Chester Avenue Philadelphia, PA 19104
Legal three-unit multifamily building with fully occupied apartments and in-unit washer and dryer in each unit.
Property Features for 4122 Chester Avenue
General Information
- Standard status
- Active
- Size
- 2,805 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1930
Listing office Long & Foster Real Estate, Inc. (856) 222-0077
Listing date Apr 7, 2026
Source Thetristaterealestategroup
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Long & Foster Real Estate, Inc.
Investment Insights
Based on property information with market context.
The property is situated near University of the Sciences and Penn, and is described as close to HUP, CHOP, Drexel, and Presby. SEPTA access is noted, with the Green Line hub one block away, and Center City is described as approximately 12 minutes by car or bike. Nearby amenities mentioned include Clark Park and its Farmers’ Market, as well as Fresh Grocer around 40th & Walnut.
The building is offered in “as-is” condition.
Key Highlights
- Legal 3‑unit apartment building (2 units with 3 bedrooms; 1 unit with 2 bedrooms)
- Each unit includes washer and dryer
- Units are fully occupied
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 | $72.4k | $25.80 |
| − Vacancy | −$4.0k | −$1.42 |
| EGI | $68.4k | $24.38 |
| − OpEx | −$20.5k | −$7.31 |
| NOI | $47.9k | $17.06 |
