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Property between Univ. of PA / Phila. University of Sciences

Listing ID 22195621 | Updated 78 days ago

$160,000
Willing to negotiate
For Sale

4128 Chester Ave
Philadelphia, PA 19104
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N/A beds, N/A baths
Multi-Family

Ask the Owner

Robert
Primary

About this Property

Bedrooms:N/A Bathrooms:N/A Floors:0.0 Square Footage:N/A
Year Built:1906 School District:PennAlexander Garage Size:0.0 Lot Size:N/A
Amenities:N/A

Property may require building demolition. May be used for condominium, parking lot, single family etc.

 

The negatives about this property:

 

Walls and roof need extensive repair. Building may have to be demolished. The owner occupied building was neglected due to illness of owner.

 

Pluses about this property:

 

Located between University of Pennslvania and University of the Sciences, Philadelphia. Students arrive from around the world to attend these institutions each year. Faculty and staff arrive on a temporary or permanent basis. The building on the end of the block is a University owned office building.

 

Located on a block of multifamily properties.

 

It has been a roominghouse/ apartment building since 1906. Nearby colleges have been in the same location, and continue to expand, for over one hundred years.  It is cost effective to gut and replace with upgraded electrical, plumbing, insulation, etc., and still make a quick return on the investment. The property next door is vacant, making construction easier.

 

Public transit on the corner. An easy walk to a grocery store and laundry. Convenience store on the next block.  Zipcar at the end of the block. For those who need a car, a private parking lot on the corner.

 

The building is located in a "special services dirstrict." Security guards from USP park on the block to assist students and faculty walking between their dorms and classes. Special services district staff are stationed within one away.  University of Pennsylvania Police Dept. patrol the area, and there are safety cameras in the neighborhood.

 

The building is located in the cachment area for Penn Alexander School, a public school maintained by University of Pennsylvania for the benefit of neighborhood children.

 

A park is one block away.

 

The neighborhood is easily walkable;  busy with University students and staff and faculty. Walk to Center City in less than an hour, or less than 15 minutes by trolley.

Contact the Owner

Call the Owner

Robert
Primary

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