4206 Chestnut

Philadelphia, PA 19104 View Map $1,690,000 Schedule a Tour
Sq.Ft. Lot2,754
Reid Rosenthal

Reid Rosenthal

(267) 626-7613

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Status: Active
Property Type:Multi-Family
MLS #:PAPH2361312
On Site:12 Days
Lot Size:2,754 Sq. Ft.
County:Philadelphia

Listing Office

Office:Compass Pennsylvania, LLC
4206-08 Chestnut Street is an extremely rare development opportunity in a PRIME University City location.
This site is the heart of University of Pennsylvania's campus and the Philadelphia Region's leader in Education, Science, and Innovation. Sites like this one are far and few between so act fast.
Currently there are two building that would be demolished. One is a shell and the other one is in a decent condition.
Development highlights include the possibility of 22 units by right with diverse unit mixture on 8 storeys building, around 23,350 sqft and CMX-4 zoning.

Project includes :
- Approved Demolition Permit
- Environmental (Phase 1&2)
- Approved properties Consolidation Permit
- Zoning permit - In the works
- Proposed Floor Plans.

Location, Location, Location - University City is home to some of the best educational and medical facilities in the world including Drexel, UPenn, St. Joe's, Penn Medicine and the Children's Hospital of Philadelphia (CHOP). The University City area boasts more than 85,000 jobs, 44% of all national institutes of health investments in the entire state, $1.85 billion in Research and Development expenditures among higher education institutions, a tripling of median home values over the past decade, and approximately 2.75 million square feet in development or under construction.
Contact me for more informations about the current and future projects that happening in the immediate area. Offering Memorandum available upon request.

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$000 Monthly Payment
Loan and interest only.

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Community Information

Address:4206 Chestnut, Philadelphia, PA 19104
Subdivision:University City
Zip Code:19104

Architecture

Style:Other

Features / Amenities

Other Structures: Above Grade

Property Features

Lot Size: 0.06 Acres / 2,754 Sq. Ft.
Sewer: Public Sewer
Water Source: Public
Municipality: PHILADELPHIA
Zoning:CMX-4
Directions:Chetsnut st

Tax and Financial Info

Tax Year: 2022
Total Taxes: $5,905 (paid Annually)

Schools

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4206 Chestnut Philadelphia,  PA 19104
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4206 Chestnut Philadelphia, PA 19104
 
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Listing Information Last Updated 6/14/2024
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