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University City 18 Unit Mixed-Use

3 Multifamily Properties Offered at $2,300,000 in Philadelphia, PA

Investment Highlights

  • • Mixed Use Property For Sale in University City
  • • Good Mix of 1 & 2 Bedrooms / Studios
  • • 18 Units Total - 15 Residential and 3 Commercial • Good Mix of 1 & 2 Bedrooms / Studios

Executive Summary

• Mixed Use Property For Sale in University City
• 18 Units Total - 15 Residential and 3 Commercial
• Good Mix of 1 & 2 Bedrooms / Studios
• Strong Rental Occupancy History
• Walking Distance to University of Pennsylvania, Drexel University, and Many Major Employers
• CMX-2 Zoning - City of Philadelphia
• Surrounded by New Developments and Public Transportation
• Value Add Potential to Improve / Raise Rents
** Can Be Bought Together or Individually

Property Facts

Price $2,300,000
Price / SF $245.10 / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Cap Rate 6.50%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 3
Total Building Size 9,384 SF
Total Land Area 0.12 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
4441 Chestnut St, Philadelphia, PA 19104 Multifamily 3,204 SF 1915 $995,000
4445 Chestnut St, Philadelphia, PA 19104 Multifamily 2,976 SF 1915 $695,000
4443 Chestnut St, Philadelphia, PA 19104 Multifamily 3,204 SF 1915 $695,000
Show More > < Show Less
  • Listing ID: 27933099

  • Date on Market: 3/9/2023

  • Last Updated:

  • Address: University City 18 Unit Mixed-Use, Philadelphia, PA

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