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
For sale
$3,950,000
1805 Chestnut St, Philadelphia, PA 19103
5beds
--baths
5,000sqft
Est.:
Retail
Built in 1900
-- sqft lot
$-- Zestimate®
$790/sqft
$-- HOA
What's special
- 56 days
- on Zillow |
- 270 |
- 41 |
Zillow last checked: 7 hours ago
Listing updated: August 12, 2025 at 12:06pm
Listed by:
Brett Caspi 516-633-6106,
Compass RE 2674358015,
Co-Listing Agent: Bruno R. R Pouget 215-990-9525,
Compass RE
Source: Bright MLS,MLS#: PAPH2495850

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 5,000
- Total interior livable area: 5,000 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: Accessible Doors
Features
- Patio & porch: Terrace, Roof
- Pool features: None
Lot
- Size: 2,000 Square Feet
- Dimensions: 20.00 x 100.00
Details
- Additional structures: Above Grade
- Parcel number: 871004650
- Zoning: CMX5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Retail
Materials
- Masonry
Condition
- New construction: No
- Year built: 1900
- Major remodel year: 2024
Utilities & green energy
- Sewer: No Septic System
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $790/sqft
- Tax assessed value: $1,350,300
- Annual tax amount: $18,901
- Date on market: 6/18/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Total actual rent: 251032
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