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5108 Chestnut Street

PHILADELPHIA, PA 19139
  • $820,000
  • STATUS: Active
  • ON SITE: 162 Days
  • ID#: PAPH2188722
Price Reduced
UPDATED: 161 min ago
$820,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

Huge Price Adjustment! An Amazing once in a lifetime opportunity to own a classic and uniquely built 5200+ sq ft. detached 3 story brick building in the heart of West Philadelphia! This building is zoned CMX-4 which gives you plenty of options of what you can do with it. Its next door neighbors are the YMCA , McDonald, and an array of 52nd St Shops! The property has been revitalized into a 3 bedroom 1 full bath residential apartment on the upper level and 2 large commercial units with separate utilities which is being utilized as a Daycare . Since 2009 it had been leased by a fully functional and licensed Daycare Center paying $5100/month. The building is now vacant and has a ton of character such as hardwood floors, bathrooms on each level, front and rear staircases, full size basement w/ an exit to a rear play area which is fully fenced in , a front handicap lift, 2 oversized open front balconies, a new rubber roof with a 10 yr warranty, off street parking, fire alarm system, plenty of natural sunlight, and so much more! For maximum return, you can redesign the building into residential units to increase cash flow. This is an ideal investment.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-03T23:51:00.813.
www.yourchestercountyhomesearch.com/homes/135586370
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5108 Chestnut Street PHILADELPHIA, PA 19139

  • Price: $820,000
  • Status: Active
  • On Site: 162 Days
  • Updated: 161 min ago
  • ID#: PAPH2188722
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1925
Built
Neighborhood:
19139 (19139)
County:
Philadelphia
Area:
19139 (19139)
School District:
The School District Of Philadelphia
Property Description
Huge Price Adjustment! An Amazing once in a lifetime opportunity to own a classic and uniquely built 5200+ sq ft. detached 3 story brick building in the heart of West Philadelphia! This building is zoned CMX-4 which gives you plenty of options of what you can do with it. Its next door neighbors are the YMCA , McDonald, and an array of 52nd St Shops! The property has been revitalized into a 3 bedroom 1 full bath residential apartment on the upper level and 2 large commercial units with separate utilities which is being utilized as a Daycare . Since 2009 it had been leased by a fully functional and licensed Daycare Center paying $5100/month. The building is now vacant and has a ton of character such as hardwood floors, bathrooms on each level, front and rear staircases, full size basement w/ an exit to a rear play area which is fully fenced in , a front handicap lift, 2 oversized open front balconies, a new rubber roof with a 10 yr warranty, off street parking, fire alarm system, plenty of natural sunlight, and so much more! For maximum return, you can redesign the building into residential units to increase cash flow. This is an ideal investment.
Exterior Features

Construction Materials Masonry Door Features Energy Star Qualified Door(S) Garage YN No Location Type Urban Parking Features Fenced Parking Types On Street Property Condition ExcellentVery Good Riparian Rights YN No Roof Rubber View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5250.00 Cooling Window Unit(S) Flooring Engineered WoodHardwoodConcreteCeramic Tile Heating Baseboard - ElectricSpace Heater Heating YN Yes Net Square Feet 5250.00 Security Features Security SystemSmoke DetectorFire Detection SystemCarbon Monoxide Detector(S)Monitored

Property Features

Acceptable Financing ConventionalCashSeller Financing Accessibility Features Chairlift Annual Gross Expense 8352.00 Assessment Year 2023 Association Expense 0.00 Business Type Day Care FacilityOther Central Air YN No Cooling Fuel Electric Electric 200+ Amp Service Electric Expense 120.00 Foundation Details Brick/Mortar Gross Income 61200.00 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Insurance Expense 350.00 Maintenance Expense 145.00 Municipality Philadelphia Navigable Water YN N Net Operating Income 4404.00 New Construction YN No Operating Expense 696.00 Operating Expense Includes InsuranceRepair/MaintenanceElectric Original MLSNumber 802075713690 Other Expense 60.00 Owner Pays Taxes - Real EstateCommon Area Maintenance Ownership Interest Fee Simple Possession 31-60 Days Cd Property Sub Type Mixed Use Sale Type Standard Sewer Public Septic Tax Annual Amount 6247.00 Tax Assessment Amount 446300.00 Tax Lot 297 Total Actual Rent 61200.00 Trash Expense 21.00 Vacation Rental YN No Water Source Public Year Built Effective 2008 Zoning Cmx4

Listing courtesy of Bhhs Fox & Roach - Chester: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-03T23:51:00.813.
 
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