#PAPH2470122, Michael D Phillips, Listing office: Compass Pennsylvania, LLC
Property details
About 5237 Chester Ave
THE CROWN OF CHESTER AVE: It is my distinguished honor to present to you 5237 Chester Ave. Philadelphia, PA 19143. • Located in the Heart of Kingsessing, Southwest Philadelphia, adjacent to a transformative intersection, anchored by a Commercial Mixed Use Corridor and surrounded by residential properties and commercial spaces, Southwest Philadelphia has undergone a radical transformation and evolution in the last few decades. We are directly on a trolley line transportation hub that takes you to University City and the major universities, including University of the Sciences of Philadelphia(USP), Drexel University, and the University of Pennsylvania, an Ivy League Institution, as well as to Center City substations. Across the street are 2 massive multi-unit development projects, as well as an institutional subdivision development. • See attached pro-forma which shows 11+ Capitalization rate, with potential $6000-$7000/monthly cash flow. Enter this 3 story 2,672 Square Ft Building with 6 units featuring 1 Bed|1 Bath apartments newly renovated ranging from $950-$1150/month, with a Capitalization Rate of 11.83%. All of the units are renovated with beautifully designed kitchen, equipped with granite countertops, modern appliances including a gas stove, microwave, refrigerator, and dishwasher. The kitchen features ceiling lighting, luxury vinyl flooring, and a garbage disposal. This apartment unit features floors and vinyl flooring, high ceilings, newly renovated throughout with new stainless steel appliances. The bathroom has been recently updated with a new vanity, mirror, shower, toilet, and new tile flooring. Each unit has electric baseboards, The property is filled with radiant natural light and illumination from beautiful windows. The property is close to bus stops and close to multi-modal public transportation, Walk to public transportation (Bus and Trolley), Kingsessing Recreation Center, shops, eateries, local market, and in proximity to businesses such as cafes, bars, eclectic and multicultural cuisine and food establishments. Come live in Kingsessing, where there are many things to do and people in a thriving community. We are filling up the building with tenants and can have the entire building occupied by the time of acquisition settlement. We have thoroughly screened and evaluated all potential applicants. To apply, we are running credit reports, criminal backgrounds, eviction history, and reviewing all income & financial documentation. If you are selected as a tenant, we will collect the first, last & security deposit(one month). There are no minimum score requirements. The entire financial and credit profile will be reviewed in its entirety to determine application viability. Pets are permissible on a case by case scenarios and there is no smoking allowed. In addition to this multi-unit, we are also listing a 3 unit, Commercial Mixed Use on 5129 Chester Ave. down the block. We look forward to doing business with you and we will ensure a smooth, efficient, and professional process for all parties. Thank you for the opportunity to showcase this home and we wish you the best of luck in your investment portfolio search.
Highlights
(ACTIVE)
Summary
- Appliances: Dishwasher, Dryer, Oven, Gas Range, Washer, Water Heater
- Basement: Yes
- Flooring Type: Luxury Vinyl Plank
- Parking: On Street
- Architectural Style: AirLite, Straight Thru
- Heating: Baseboard
- Cooling: Window Unit(s)
- List Price: $645,000
- Price/SqFt: $241
- Annual Tax Amount: $1,515
- Tax Year: 2023
- Lot: Back Yard, Side Yard(s)
- Directions: 5237 Chester Ave.
- Year Built: 1900
- Living Area: 2,672 SqFt
- Municipality: Philadelphia
- Lot Size: 0.05 Acres
- MLS Number: PAPH2422686
- MLS Name: BRIGHT
- Office Name: KW Empower
- Office Phone: (215) 627-3500
- Office Email: vicki@kwempower.com
- Listing Agent: Minh Nguyen-Rivera
- Agent Phone: (267) 628-8062
- Agent Email: winwithminhphilly@gmail.com
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 20, 2020 | Home Sold | $275,000 |
Aug 02, 2019 | Home Sold | $195,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $108,300 | $1,515 |
2022 | $108,300 | $1,493 |
2021 | $- | $1,515 |
2020 | $108,300 | $1,515 |
2019 | $108,100 | $1,513 |
2018 | $105,000 | $1,469 |
2017 | $106,600 | $1,492 |
History based on county public records data.
Nearby schools
5
Thomas G. Morton School
Public District KG-5
1.2 mi
•2501 S 63rd St
5
Joseph W. Catharine School
Public District KG-5
1.3 mi
•6600 Chester Ave
6
W.B. Evans Elementary School
Public Magnet KG-6
1.6 mi
•900 Baily Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,644. Residents of Philadelphia, PA typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 5237 Chester Ave
The listing price of 5237 Chester Ave property is $645,000.
The property 5237 Chester Ave is a house located in Philadelphia, Pennsylvania, 19143.
Active Listing: 5237 Chester Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5237 Chester Ave are: Thomas G. Morton School (GreatSchools Rating 5/10), Joseph W. Catharine School (GreatSchools Rating 5/10), W.B. Evans Elementary School (GreatSchools Rating 6/10), Benjamin B. Comegys School (GreatSchools Rating 3/10), Mitchell Elementary School (GreatSchools Rating 3/10), Independence Charter School West (GreatSchools Rating 4/10), Mastery Charter School-Hardy Williams (GreatSchools Rating 5/10), Boys Latin of Philadelphia Charter School (GreatSchools Rating 4/10), The Workshop School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $1,515 (source: MLS/based on county public records data).
The last sale was on July 20, 2020 for $275,000 (source: MLS/tax record).
The property at 5237 Chester Ave has 0 bathroom.
The property 5237 Chester Ave is 2,672 SqFt (source: MLS/tax record).
The year of construction for 5237 Chester Ave is 1900.
This home is located at 5237 Chester Ave in Philadelphia, PA and zip code 19143 in the Southwest Philadelphia neighborhood. This 2,672 square foot home, which was built in 1900, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $645,000.
The number of listings in Philadelphia, PA increased by 36.5% between May and June 2025. In June 2025 median list price was $292,873 and the average listing age was 90 days.