Your Key to the Main Line, Philadelphia, and its Surrounding Suburbs
MLS#PAPH2574200
STATUSACTIVE
PROPERTY TYPECommercial -
SUBDIVISIONRITTENHOUSE SQUARE
SCHOOLPHILADELPHIA CITY
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
Property Features
Property Type: Commercial -
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Central
Lot Size: 0.05 Acres
Taxes: $18,901
Year Built: 1900
Feature Descriptions
Accessibility: 32"+ wide Doors
Days on Site: 93
Exterior: Masonry
Lot Dimensions: 0.05 Acre(S)
Municipality: PHILADELPHIA
Sewer: No Septic System
Total Garage/Parking Spaces: 0
Units: 5
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Compass Pennsylvania, LLC
Agency Phone: 2674358015
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
1805 Chestnut Street | MLS# PAPH2574200
This commercial property located at 1805 Chestnut Street, Philadelphia, PA 19103 is currently listed for sale with an asking price of $3,750,000. Chestnut Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.