Philadelphia, PA 19104,4408 CHESTNUT ST
Philadelphia, PA 19104,4408 CHESTNUT ST
Philadelphia, PA 19104,4408 CHESTNUT ST
Philadelphia, PA 19104,4408 CHESTNUT ST
Philadelphia, PA 19104,4408 CHESTNUT ST
Philadelphia, PA 19104,4408 CHESTNUT ST
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$430,500

$450,000

4.3%
Est.Price: ?

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Est. payment /mo

3,040 SqFt


SOLD DATE : 12/01/2016

Key Details

Sold Price $430,500

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,040 sqft

Price per Sqft $141

Subdivision University City

MLS Listing ID 1002481870

Sold Date 12/01/16

Style Other

HOA Y/N N

Abv Grd Liv Area 3,040

Originating Board TREND

Year Built 1936

Annual Tax Amount $4,628

Tax Year 2016

Lot Size 2,200 Sqft

Acres 0.05

Lot Dimensions 20X110

Property Description

Fantastic multi-family property investment opportunity. 4 Unit apartment building for sale (5th unit potential) in West Philadelphia, University City. Conveniently located to UPENN and DREXEL campuses. The property runs from Chestnut Street at the front to Ionic Street to the back. The back yard on Ionic Street can be converted into two parking spaces with plenty of room left over for outdoor space. The rear ground level of this building is a potential 5th unit that is ground level to the back yard. Windows and existing doors are sealed but could be opened up. There is also a sub-basement below this 5th unit. Expand the rear first level unit and create a nice bi-level large apartment with access to the yard or finish this space separately and add a 5th unit and increase income. The first floor from Chestnut Street includes a large 2B/1B apartment. Previously it was rented for $1200. The 2nd floor front includes a Studio apartment previously rented for $590. The 2nd floor rear is a large 1B/1B apartment and was previously rented for $790. The 3rd floor is a large 1B/1B apartment and the tenant pays $650. This property has a lot of potential for increased income and is easy to rent in this location. Schedule a tour today.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM1

Direction North

Rooms

Other Rooms Primary Bedroom

Basement Full, Unfinished, Outside Entrance

Interior

Hot Water Natural Gas

Heating Gas

Cooling None

Flooring Wood

Fireplace N

Heat Source Natural Gas

Laundry None

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 272019000

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Tom Englett • BHHS Fox & Roach-Center City Walnut
Bought with Christopher S Everly • RE/MAX Access
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777 Westchester Ave, West Harrison, NY, 10604, USA

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