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Listed by Christopher Yangello • Capital Commercial Real Estate Group
$385,000
Est. payment /mo
1,742 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2653560
Year Built 1915
Annual Tax Amount $1,472
Tax Year 2026
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Part of a Portfolio - $2,823,000 ($166,058.82/Unit)
Cap: 5.78%
7 Units
Portfolio Overview:
Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia.
The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements.
Seller is willing to sell properties individually or as a portfolio.
5627 Chester Ave:
Property Type
Mixed Use / Office (all suites vacant)
Financial Summary
Current Monthly Income
Approximately $2,100
Annual NOI
Approximately $14,573
Cap Rate
3.79%
Highlights
• One apartment
• Five office suites
• Significant lease-up opportunity
• Multiple income streams
Building Information
Current Office Occupancy
Vacant
Utilities
Residential
Tenant
Office
Owner
Heating/Cooling
Central Air
Central Heat
Roof
Approximately 4 years old Mechanicals
Approximately 4 years old Renovations
Complete gut renovation
Condition
Office Suites Excellent
Apartment Excellent
Deferred Maintenance
Repair ceiling damage from previous tenant water overflow.
Parking None
Cap: 5.78%
7 Units
Portfolio Overview:
Opportunity to acquire a diversified portfolio consisting of multifamily, mixed-use, office, residential rental, and redevelopment assets located throughout West, Southwest, and North Philadelphia.
The portfolio offers a combination of stable in-place cash flow along with significant value-add opportunities through lease-up, renovations, redevelopment, and operational improvements.
Seller is willing to sell properties individually or as a portfolio.
5627 Chester Ave:
Property Type
Mixed Use / Office (all suites vacant)
Financial Summary
Current Monthly Income
Approximately $2,100
Annual NOI
Approximately $14,573
Cap Rate
3.79%
Highlights
• One apartment
• Five office suites
• Significant lease-up opportunity
• Multiple income streams
Building Information
Current Office Occupancy
Vacant
Utilities
Residential
Tenant
Office
Owner
Heating/Cooling
Central Air
Central Heat
Roof
Approximately 4 years old Mechanicals
Approximately 4 years old Renovations
Complete gut renovation
Condition
Office Suites Excellent
Apartment Excellent
Deferred Maintenance
Repair ceiling damage from previous tenant water overflow.
Parking None
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning CMX2
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871577670
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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