Prime Mixed-Use Investment Opportunity - Rittenhouse Square! Exceptional mixed-use asset located on prestigious Chestnut Street in the heart of Rittenhouse Square, Center City Philadelphia. This high-demand corner property offers strong visibility, consistent foot traffic, and long-term appreciation in one of the city's most established commercial and residential corridors. The building… Read More includes approximately 1,800 SF of ground-floor retail/office space, ideal for a variety of commercial uses, plus five (5) residential units above. Each residential unit has been fully upgraded with modern kitchens and bathrooms, newly refinished hardwood floors, separate utilities, and individual heating and central air conditioning systems, minimizing owner expenses and maximizing operational efficiency. With its central location, diverse income streams, and turnkey condition, this property is well-positioned for both stable cash flow and future upside. An ideal acquisition for investors seeking a low-maintenance mixed-use property in a proven, high-demand market. Buyer responsible to verify taxes and sq ft. VIDEOS of each apartment unit available at request! Read Less
Courtesy of Matin Haghkar, RE/MAX Plus 215-422-3711
Listing Snapshot
Days Online
117
Last Updated
Property Type
Other
Square Ft.
20,000
Lot Size
0.04 Acres
Year Built
1930
MLS Number
PAPH2575438
Additional Details
Building
Built in 1930, Living area: 20000, Construction Materials: Masonry
Cooling
Central A/C
Accessibility Features
Doors - Swing In
Floors
Wood
Heating
Heat Pump - Gas BackUp
Income
Gross Income: $162,000
Lot
0.04 acres, Dimensions: 19.00 x 95.00
Owner Pays
Advertising/Licenses and Permits, Common Area Maintenance, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection
Property
Good, Very Good, Other structures: Above Grade, Below Grade
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.