Residential Rental Portfolio
5241 Chester Avenue Philadelphia, PA 19143
5241 Chester Avenue, Philadelphia, PA, 19143
$550,000
For Sale
$550,000
Offered individually or as part of a 102-property portfolio operated primarily as Housing Choice Voucher/Section 8 housing.
Property Size2,328 SF
Price / SF$236.25
Days on Market84
Property Features for 5241 Chester Avenue
General Information
- Standard status
- Active
- Size
- 2,328 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing agency
KW Empower
(267) 388-1114
Listed by
Asa Kurland · License #RS349157
(267) 388-1114
Source
Compass
Added: Apr 30 Updated: Jul 21 at 5:30AM Checked: Jul 21 at 5:30AM
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 KW Empower
Investment Insights
Based on property information with market context.
This offering includes an available residential rental property at 5241 Chester Avenue, Philadelphia, PA 19143, presented as either an individual acquisition or as part of a larger Philadelphia residential portfolio. The portfolio totals 102 properties with 108 residential units and is currently operated primarily as Housing Choice Voucher/Section 8 rental housing, with existing tenancy reported by current ownership.
The current ownership reports approximately $9.77M in documented capital expenditures across the portfolio, averaging roughly $96,775 per property, though capital improvement scope, timing, condition, and amounts vary by property and should be independently verified during due diligence. Reported improvements may include unit-level updates such as kitchens, bathrooms, flooring, lighting, paint, trim, cabinetry, fixtures, and appliances, along with broader modernization. Select properties are also reported to have remaining tax abatement benefits, subject to buyer verification.
The assets are located across multiple Philadelphia ZIP codes, providing broad exposure across several residential rental submarkets. All property-level financials, rents, expenses, leases, occupancy, abatements, capital improvements, and investment assumptions are subject to buyer verification.
The current ownership reports approximately $9.77M in documented capital expenditures across the portfolio, averaging roughly $96,775 per property, though capital improvement scope, timing, condition, and amounts vary by property and should be independently verified during due diligence. Reported improvements may include unit-level updates such as kitchens, bathrooms, flooring, lighting, paint, trim, cabinetry, fixtures, and appliances, along with broader modernization. Select properties are also reported to have remaining tax abatement benefits, subject to buyer verification.
The assets are located across multiple Philadelphia ZIP codes, providing broad exposure across several residential rental submarkets. All property-level financials, rents, expenses, leases, occupancy, abatements, capital improvements, and investment assumptions are subject to buyer verification.
Key Highlights
- Year built: 1915
- Offered individually or as part of a 102‑property Philadelphia residential portfolio (108 total residential units)
- Portfolio operated primarily as Housing Choice Voucher / Section 8 rental housing
Property Analytics
Location Intelligence
Current Use by Public Records
Specialty properties
Similar For Sale Nearby
FAQs
What type of property is this?
Specialty property - Offered individually or as part of a 102-property portfolio operated primarily as Housing Choice Voucher/Section 8 housing.
Where is this specialty property located?
The property is located at 5241 Chester Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Year built: 1915; Offered individually or as part of a 102‑property Philadelphia residential portfolio (108 total residential units); Portfolio operated primarily as Housing Choice Voucher / Section 8 rental housing
