Property
Philadelphia, PA 19103 1805 Chestnut Street
$3,950,000
29 more
Presented By: Compass Pennsylvania, LLC
Beds • 5
Home Details
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
Presented By: Compass Pennsylvania, LLC
Interior Features for 1805 Chestnut Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories4
General for 1805 Chestnut Street
Accessibility32 + wide Doors
Architectural StyleOther
Cap Rate5.10
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsOn Chestnut Street between 18th and 19th.
Garage Y/NNo
HeatingCentral
Lot Size Square Feet2000.00
Lot Size UnitsSquare Feet
MLS Area19103 (19103)
ModificationTimestamp2025-06-18T14:36:01
MunicipalityPHILADELPHIA
Net Operating Income201930.00
New ConstructionNo
Number Of Units Total4
One Bedroom Units Count3
Operating Expense49103.00
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3
OwnershipFee Simple
Patio/Porch FeaturesTerrace, Roof
Possession0-30 Days CD, 31-60 Days CD, 61-90 Days CD, 90-120 Days CD, 120-180 Days
Price Per Sq Ft Total AG790.0
Property SubtypeQuadruplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerNo Septic System
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOver Storefront
Tax Annual Amount18901.0
Tax Assessed Value1350300.0
Tax Lot27
Tax Year2024
Total Actual Rent251032.00
Total SQFT5000
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningCMX5
Exterior for 1805 Chestnut Street
Land Assessed Value270060.00
Land Use CodeY70
Lot Dimensions20.00 x 100.00
Lot Size Acres0.05
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
YOLANDA CASSIDY-BOGAN
Associate
Price
$3,950,000
MLS#PAPH2495850
List Date
06/18/2025
Property Type
Multi-Family
Phone
(973) 868-7789