4447 Chestnut StPhiladelphia, PA 19104

This exceptional mixed-use investment opportunity in Philadelphia's vibrant University City presents a portfolio of 44 units, comprising 34 residential and 10 commercial spaces, totaling 30,000 square feet. Located at 4447 Chestnut St, Philadelphia, PA 19104, this three-story building, constructed in 1900, boasts a strong rental history and benefits from its prime location. The property is within walking distance of the University of Pennsylvania, Drexel University, and numerous major employers, ensuring consistent demand. The CMX-2 zoning allows for a variety of uses, providing flexibility for future development or expansion. The asking price is $6,900,000, translating to $230 per square foot. The building offers a good mix of one and two-bedroom residential units, contributing to its attractive rental profile. Surrounded by new developments, this property represents a compelling investment in a rapidly growing area. This owner-user investment presents a rare opportunity to acquire a well-established, income-producing asset in a highly desirable location. The property's strong occupancy history and strategic location make it an ideal investment for both seasoned and emerging investors seeking a stable and appreciating asset in a thriving urban environment. This is a unique chance to own a piece of Philadelphia's dynamic University City.