1805 Chestnut Street, Philadelphia, PA 19103-3709 $3,950,000

# of Units: 4
Interior Sq. Ft: 5,000
Acreage: 0.05
Age:125 years
Taxes: $18,901
MLS#: PAPH2495850
Design/Type:
Over Storefront

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

Taxes: $18,901
Home Assoc: No
Condo Assoc: No
Garage: N
Basement:
Pool: No Pool
School Dist: Philadelphia City

Features

Utilities
Central Heating, Natural Gas, Central A/C, Electric, Hot Water - Natural Gas, Public Water, No Septic System

Garage/Parking
None

Interior
Accessibility - 32"+ wide Doors

Exterior
Masonry, Roof Deck, Terrace

Contact Information

Listing Courtesy of: Compass Pennsylvania, LLC , (267) 435-8015, marianne.dillon@compass.com

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Listing data as of 7/05/2025.