Philadelphia, PA 19103,1805 CHESTNUT ST
Philadelphia, PA 19103,1805 CHESTNUT ST
Philadelphia, PA 19103,1805 CHESTNUT ST
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Listed by Brett Caspi • Compass Pennsylvania, LLC
$3,950,000
Est. payment /mo
5,000 SqFt
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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $790

Subdivision Rittenhouse Square

MLS Listing ID PAPH2495560

Year Built 1900

Annual Tax Amount $18,901

Tax Year 2024

Lot Size 2,000 Sqft

Acres 0.05

Lot Dimensions 20.00 x 100.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Investment opportunity with excellent passive income that has been tastefully renovated and well maintained. A multi-unit building in prime Rittenhouse Square, Philadelphia zoned CMX5. Fully occupied with 4 apartments and one flagship retail tenant who has approximately nine years remaining on a recently extended lease.

Total Operating Revenue Annually:$251,032

Total Operating Expenses Annually: $49,103

Total NET OPERATING INCOME: $201,930

Location

State PA

County Philadelphia

Area 19103 (19103)

Zoning CMX5

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility 32\"+ wide Doors

Garage N

Building

Sewer No Septic System

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871004650

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard


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Bright MLS (BMLS)
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Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ, 08033-2419, USA

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1805 CHESTNUT ST