$412,500
$449,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
4408 CHESTNUT ST Philadelphia, PA 19104
3,040 SqFt
Key Details
Sold Price $412,500
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,040 sqft
Price per Sqft $135
Subdivision University City
MLS Listing ID 1002447072
Sold Date 08/22/16
Style Other
HOA Y/N N
Abv Grd Liv Area 3,040
Originating Board TREND
Year Built 1931
Annual Tax Amount $4,628
Tax Year 2016
Lot Size 2,200 Sqft
Acres 0.05
Lot Dimensions 20X110
Property Description
Significant 4 unit building on a red-hot block. Solid numbers now and superb potential to increase rents with building and unit improvements. High ceilings. Original Character. Beautiful fa ade with front porch. Big windows and lots of natural light in all four units. Always fully occupied. Huge lot runs street to street. Increase rents with 2-car parking in back (that is not currently utilized?check out the next door properties.). All units could be updated for higher rents. The basement is huge and could be partially finished and incorporated into a much larger 1st floor unit. Add laundry and storage lockers to basement and sub-basement for even higher rents. Basement walk-out to rear potential parking (must clear lot). Property already has a 93 WalkScore and so much more is happening on that block and within a few blocks. Brand new apartment building going up across the street and even more within several blocks. So convenient by foot, car, bike, & SEPTA to Center City, Penn, Drexel, HUP, CHOP, Science Center, and more. Walk to all the shopping, restaurants, and coffee shops in University City plus Clark Park and its fabulous Farmers' Market.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Basement Full, Outside Entrance
Interior
Hot Water Natural Gas
Heating Gas, Electric, Forced Air, Baseboard
Cooling None
Fireplace N
Heat Source Natural Gas, Electric
Laundry None
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
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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Bought with Tom Englett • BHHS Fox & Roach-Center City Walnut
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