Investments Sales Management

1805 CHESTNUT STREET

PHILADELPHIA , PA 19103

MLS#: PAPH2495560

$3,950,000

Status: Active
Listing number: PAPH2495560
Listing provided by: Compass Pennsylvania, LLC
Listing agent phone: None
Last update: a month ago
Browse Properties
RITTENHOUSE SQUARE - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

N/A

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

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Central

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.05

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $3,950,000

  • Tax Amount

    18901.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    4

  • Accessibility Features

    Accessible Doors

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Location

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PHILADELPHIA

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Listing Courtesy of Brett Caspi , Compass Pennsylvania, LLC

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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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

1805 CHESTNUT STREET

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