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4206 Chestnut St
For Sale $1,390,000
$1,390,000
- 23 Units
- Unknown Sq Ft
- 2,754 Sq Ft
- Unknown Cap Rate
Description
Development Site in University City: Shovel Ready Construction Project on Chestnut Street Just Off 42nd Street
Eds & Meds Tenant Base: Proximity to University of Pennsylvania, Drexel University, Penn Medicine, CHOP, and University Science Center
Abundant Neighborhood Amenities: Popular Cafes, Bars, Restaurants; Aldi, Acme and Grocery Outlet
Access to Public Transit & Highways: Bus, Trolley, Light Rail and Regional Rail; Proximity to Interstates 76 and 676
4206-4208 Chestnut Street, a 2,754± square foot development site in the University City section of Philadelphia. Zoned CMX-4, the site offers new ownership with the opportunity to develop 23 residential units “by right” with a diverse unit mix to attract the growing “eds and meds” tenant base. 4206 Chestnut features an extremely walkable location (96 Score) in the Spruce Hill section of University City. Penn Presbyterian Medical Center and the Science Center (±15-minute walk), Drexel’s Vidas Athletic Complex and Fields (±8-minute walk), and the University of Pennsylvania, Drexel University, St. Joseph’s University, Penn Medicine, and the Children’s Hospital of Philadelphia (±25-minute walk or ±10-minute bike ride) are all in proximity. Further, SEPTA’s Market-Frankford Line is accessible via 40th Street or 46th Street Stations, and a bus stop is within steps from the site.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,390,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 272016400 |
| MLS # | PAPH2420548 |
| Property ID | 321057313 |
| Lot Sqft | 2,754 |
| Zoning | CMX4 |
| Total Units | 23 |
| Days on Market | 64 |
| Original List Price | Unknown |
| Date Updated | November 15, 2024 |
| Date Created | November 14, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Alex C Prince an agent of . Lic #RS322309
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Data last updated: January 17, 2025.
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REAL ESTATE AGENT