PA > Philadelphia > Rittenhouse Square
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
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5,000 SqFt
Active

1805 CHESTNUT ST Philadelphia, PA 19103

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

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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

Bright MLS (BMLS)

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agent

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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