Philadelphia, PA 19103 1805 Chestnut Street
$3,950,000
28 more
Presented By: Compass Pennsylvania, LLC
SQFT • 5,000
SQFT • 5,000Home Details
Investment opportunity with excellent passive income that has been tastefully renovated and well maintained. A multi-unit building in prime Rittenhouse Square, Philadelphia zoned CMX5. Fully occupied with 4 apartments and one flagship retail tenant who has approximately nine years remaining on a recently extended lease.
Total Operating Revenue Annually:$251,032
Total Operating Expenses Annually: $49,103
Total NET OPERATING INCOME: $201,930
Presented By: Compass Pennsylvania, LLC
Interior Features for 1805 Chestnut Street
Other Interior Features
Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories4
General for 1805 Chestnut Street
Accessibility32 + wide Doors
Business TypeApartment Building
Cap Rate5.10
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsOn Chestnut Street between 18th and 19th.
Gross Income251033.00
HeatingCentral
Lot Size Square Feet2000.00
Lot Size UnitsSquare Feet
MLS Area19103 (19103)
ModificationTimestamp2025-06-18T14:36:02
MunicipalityPHILADELPHIA
Net Operating Income201930.00
New ConstructionNo
Number Of Units Total5
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD, 61-90 Days CD, 90-120 Days CD, 120-180 Days
Price Per Sq Ft Total AG790.0
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerNo Septic System
Standard StatusActive
StatusACTIVE
Subdivision NameRITTENHOUSE SQUARE
Tax Annual Amount18901.0
Tax Assessed Value1350300.0
Tax Lot27
Tax Year2024
Total Actual Rent201930.00
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningCMX5
Exterior for 1805 Chestnut Street
Building Area Total5000.00
Land Assessed Value270060.00
Land Use CodeY70
Lot Dimensions20.00 x 100.00
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
