5225 Chester Ave
Listing Notes
Outstanding value-add investment opportunity! This end of row, legally zoned four-unit multifamily property offers immediate income with significant upside potential. The building consists of two 1-bedroom, 1-bath units, one studio apartment, and one 2-bedroom unit, with three of the four units currently occupied, providing cash flow from day one. The first-floor 1-bedroom, 1-bath unit is occupied and in decent condition, while the second-floor front studio is occupied and well maintained. The third-floor 2-bedroom unit is also occupied and in average condition. The second-floor rear 1-bedroom, 1-bath unit is currently vacant and presents an excellent opportunity for a full renovation, allowing the next owner to significantly increase rental income and overall property value. As an end-unit building, the property benefits from additional natural light and enhanced privacy. Whether you're looking to expand your portfolio, execute a value-add strategy, or live in one unit while collecting rental income from the others, this property offers tremendous potential. Bring your vision and capitalize on the opportunity to renovate the vacant unit while maximizing rents over time. Don't miss your chance to acquire an income-producing multifamily property with built-in upside in a strong investment package.
Price in context
Cheaper than 29% of the 24 homes listed nearby right now, which run $275,000 to $718,900.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 4625 Pine St Apt F102 | $275,000 | 2 bd · 1 ba |
| 5722 Malcolm St | $275,000 | 3 bd · 1.5 ba |
| 5616 Florence Ave | $279,999 | 4 bd · 3 ba |
| 932 S Paxon St | $280,000 | 3 bd · 1 ba |
| 5240 Larchwood Ave | $285,000 | 4 bd · 2 ba |
| 1630 S 58th St | $294,999 | — |
| 5224 Beaumont Ave | $299,900 | 4 bd · 2.5 ba |
| 4915 Pentridge St | $299,900 | 4 bd · 2 ba |
| 4913 Pentridge St | $299,900 | 5 bd · 3 ba |
| 1322 S Lindenwood St | $309,900 | 4 bd · 2.5 ba |
| 4826 Greenway Ave | $329,000 | 3 bd · 1.5 ba |
| 1010 S 51st St | $330,000 | 4 bd · 3 ba |
| 647 S 55th St | $349,000 | 3 bd · 2.5 ba |
| 1109 S 52nd St | $360,000 | 5 bd · 2.5 ba |
| 4714 Woodland Ave | $400,000 | — |
| 1231 S Markoe St | $450,000 | 3 bd · 3 ba |
| 5029 Locust St | $450,000 | 3 bd · 2.5 ba |
| 1210 S 45th St | $500,000 | 4 bd · 3 ba |
| 4702 Cedar Ave | $510,000 | — |
| 1217 S 47th St | $515,000 | 5 bd · 3 ba |
| 824 S Saint Bernard St | $525,000 | — |
| 4700 Cedar Ave | $540,000 | — |
| 207 S 49th St | $685,000 | — |
| 4911 Warrington Ave | $718,900 | 5 bd · 3 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more