4206 Chestnut St, Philadelphia, PA 19104

$1,200,000

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List Price
$1,200,000
Days on Market
179
Status
ACTIVE
MLS#
PAPH2595518
Lot Size (Acres)
0.06
Year Built
1915
County
Philadelphia
School District
Philadelphia City

Property Description

To qualified investors the opportunity to acquire the fee simple interest in 4206-4208 Chestnut Street, a 2,754± square foot development site in the University City section of Philadelphia. Zoned CMX-4, the site offers new ownership with the opportunity to develop 23 residential units “by right” with a diverse unit mix to attract the growing “eds and meds” tenant base. 4206 Chestnut features an extremely walkable location (96 Score) in the Spruce Hill section of University City. Penn Presbyterian Medical Center and the Science Center (±15-minute walk), Drexel’s Vidas Athletic Complex and Fields (±8-minute walk), and the University of Pennsylvania, Drexel University, St. Joseph’s University, and the Penn Medicine and Children’s Hospital of Philadelphia complexes (±25-minute walk or ±10-minute bike ride) are all in proximity. Further, SEPTA’s Market-Frankford Line is accessible via 40th Street or 46th Street Stations, and a bus stop is within steps from the site.

Additional Information

Area
19104 (19104)
Taxes
$8032
School District
Philadelphia City
Heating
None
Heating Fuel
None
Cooling
None
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of TCS Management, LLC. Contact: 2153831439

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