4802 Chester Ave

Investor Alert! 5 unit building in University City, in the Squirrel Hill section, w/ active rental license/zoning. All separate utilites except hot/cold water. Many renovations, including 4 newer kitchens w/ appliances and 5 newer baths, 3/8" vinyl flooring in units and some new plumbing and electric; all redone in 2022. Two heat forced air furnaces and all electric baseboard heat replaced in 2024/25. All units have A/C with either central or minis-splits and one window unit. Laundry in basement.
Three 1BR/1BA, one 1BR/1BA + office and one studio. Building is fully leased with a total current annual revenue $64,980. Third floor tenant to move in 5/10/25.
Units currently rented below market value due to mostly winter leases, providing future upside. Great value-add opportunity with garage parking and potential room for extra paid parking in rear. Garage marketed as-is.
Convenient to Penn, Drexel and the University of Sciences. #13 trolley stops in front of building and a commuter train is one block away.