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MLS: #PAPH2674106, Listed By: Peter van der Vlugt, Compass Pennsylvania, LLC, Source:Bright MLS

4942 Chestnut Street

PHILADELPHIA, PA 19139
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Bed 3

Bed

Bath 0

Bath

SqFt2,765

Sqft

Acres0.04

Acre(Lot)

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 c oin-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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Detail Ic Property Details

Property Type : Residential Income

Price : $675,000

AD Id : 91497948

MLS Id : PAPH2674106

Beds : 3

Lot Size : 0.04 Acre

Living Area Size : 2,765 Sq. Ft

Tax Amount : $2,659

Year Built : 1925

County : PHILADELPHIA

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Feature Features

  • Bedroom Information

    Total beds: 3

    Room Information

    Rooms Total: 15 Has Basement: Yes
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Central Air, Ductless, Electric

  • Building Information

    Year Built: 1925 Building Area Total: 2765 Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.04 Lot Size Source: Assessor Lot Size Square Feet: 1792

  • Listing Price Information

    Listing Price: $675000

  • Tax Information

    Parcel Number: 601019700 Tax Lot: 37 Tax Year: 2026 Annual Tax: $2659

  • Parking Information

    On Street

  • Location Information

    Direction: GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4631 Locust Street, Philadelphia, PA, 19139 $675,000 3 -- 1,950 0.03 Acre
4640 Sansom Street, Philadelphia, PA, 19139 $585,000 3 -- 2,760 0.04 Acre
832 N 46th Street, Philadelphia, PA, 19139 $314,900 2 -- 1,300 0.02 Acre
4818 Sansom St, Philadelphia, PA, 19139 $789,999 5 -- 2,080 0.04 Acre
4841 Haverford Avenue, Philadelphia, PA, 19139 $170,000 5 -- 1,330 0.04 Acre
4945 Chestnut Street, Philadelphia, PA, 19139 $530,000 8 -- 3,860 0.04 Acre
113 N 50th Street, Philadelphia, PA, 19139 $330,000 6 -- 3,177 --
143 N 50th Street, Philadelphia, PA, 19139 $330,000 6 -- 3,177 0.04 Acre
141 N 50th Street, Philadelphia, PA, 19139 $330,000 6 -- 3,177 0.04 Acre
4944 Aspen Street, Philadelphia, PA, 19139 $215,000 2 -- 1,396 0.08 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 09/26/2026 @ 22:44

MLS: PAPH2674106 LISTED BY: Peter van der Vlugt, Compass Pennsylvania, LLC 267-435-8015 SOURCE: Bright MLS

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