1805 CHESTNUT ST Active

Philadelphia,PA 19103

$ 3950000

- Bed

- Bath

5000 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $790

MLS Listing ID PAPH2495850

Style Other

Year Built 1900

Annual Tax Amount $18,901

Tax Year 2024

Lot Size 2,000 Sqft

Property Sub-Type Quadruplex

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

Exterior

Exterior Feature Terrace,Roof

Water Access N

Building

Sewer No Septic System

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Special Listing Condition Standard

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