5220 Chester Avenue

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5220 Chester Avenue

Philadelphia, PA 19143
Asking Price
$5.30M
Cap Rate
5.97%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

New Construction | Tax Abatement | 15 Residences + Commercial | $317K Projected NOI <ul><li>​<strong>New Construction Mixed-Use Asset Completed in 2026</strong></li><li>​<strong>15 Residential Units + 1 Bi-Level Commercial Space</strong></li><li>​<strong>Projected Stabilized NOI: Approximately $317,000</strong></li><li>​<strong>Approved Philadelphia 10-Year Tax Abatement (Commencement Pending)</strong></li><li>​<strong>Boutique Residential Community with Only 15 Units</strong></li><li>​<strong>Individually Metered Water & Electric Utilities</strong></li><li>​<strong>Fitness Cen

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NOI
$80,000
Cap Rate
1.51%
DSCR
0.25
Underwater
Cash-on-Cash
-14.76%
Monthly Payment
$26,221.508
Annual Cash Flow
$-234,658.099

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