4942 Chestnut St, Philadelphia, PA 19139

Philadelphia
Local realty services provided by:ERA Valley Realty
4942 Chestnut St,Philadelphia, PA 19139
$665,000
  • 3 Beds
  • - Baths
  • 2,765 sq. ft.
  • Multi-family
  • Active
Listed by: peter van der vlugt
Office: compass pennsylvania, llc.
MLS#:PAPH2674106
Source:BRIGHTMLS

Price summary

  • Price:$665,000
  • Price per sq. ft.:$240.51

About this home

Turnkey, fully renovated and occupied University City quadplex offered at a 7.8% in-place cap rate, with most of a FULL 10-year tax abatement remaining! That's right folks, this deal actually pencils out. The property offers immediate income with additional upside through light value-add and rental optimization, without the headache or expense of 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 coin-operated basement laundry provides additional resident convenience and supplemental income potential. Ideally located in University City...

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Home facts

  • Year built:1925
  • Listing ID #:PAPH2674106
  • Added:48 day(s) ago
  • Updated:November 12, 2026 at 03:13 PM

Rooms and interior

  • Bedrooms:3
  • Rooms Total:15
  • Basement:Yes
  • Basement Description:Improved
  • Living area:2,765 sq. ft.

Heating and cooling

  • Cooling:Central A/C, Ductless/Mini-Split
  • Heating:Electric, Forced Air

Structure and exterior

  • Year built:1925
  • Building area:2,765 sq. ft.
  • Lot area:0.04 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$665,000
  • Price per sq. ft.:$240.51
  • Tax amount:$2,659 (2026)

Parking

  • Parking description:On Street

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