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Listed by Moshe Adika • TCS Management, LLC
$ 1,200,000
Est. payment | /mo
2,754 Sqft Lot
$ 1,200,000
Est. payment | /mo
2,754 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2595518
Year Built 1915
Annual Tax Amount $8,032
Tax Year 2025
Lot Size 2,754 Sqft
Acres 0.06
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
To qualified investors the opportunity to acquire the fee simple interest in 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, and the Penn Medicine and Children's Hospital of Philadelphia complexes (±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.
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, and the Penn Medicine and Children's Hospital of Philadelphia complexes (±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.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX4
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 272016400
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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