Description
Looking for a turnkey and hands off multifamily that delivers a strong cap rate right out of the gate, low maintenance, low operating expenses with a 10 year tax abatement (taxes under $1k/year), and professional management already in place? Look no further.Welcome to 4921 Chester Avenue, a newly completed six-unit building in the rapidly growing Kingsessing section of West Philadelphia. Delivered in 2025, this property offers a turnkey, 7+Cap , hands-off investment with in place management, modern finishes, efficient layouts, and reliable in-place income.The building features a mix of 1-bedroom, 1-bedroom + den, and 2-bedroom units, including select top-floor residences with private roof decks. Each apartment is outfitted with in-unit washer/dryers, smart entry systems, and energy-efficient mechanicals, ensuring long-term durability and minimal owner involvement.Situated steps from SEPTA transit and within minutes of major University City employers, this location provides strong rental demand and consistent appreciation, making this a rare opportunity to secure a newly built, fully stabilized multifamily asset in one of West Philadelphias most promising growth corridors.
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01/2 BATHS
Description
Looking for a turnkey and hands off multifamily that delivers a strong cap rate right out of the gate, low maintenance, low operating expenses with a 10 year tax abatement (taxes under $1k/year), and professional management already in place? Look no further.Welcome to 4921 Chester Avenue, a newly completed six-unit building in the rapidly growing Kingsessing section of West Philadelphia. Delivered in 2025, this property offers a turnkey, 7+Cap , hands-off investment with in place management, modern finishes, efficient layouts, and reliable in-place income.The building features a mix of 1-bedroom, 1-bedroom + den, and 2-bedroom units, including select top-floor residences with private roof decks. Each apartment is outfitted with in-unit washer/dryers, smart entry systems, and energy-efficient mechanicals, ensuring long-term durability and minimal owner involvement.Situated steps from SEPTA transit and within minutes of major University City employers, this location provides strong rental demand and consistent appreciation, making this a rare opportunity to secure a newly built, fully stabilized multifamily asset in one of West Philadelphias most promising growth corridors.
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