4206-08 Chestnut Street

Philadelphia, PA 19104

$1,650,000
Price
2,754 / 0.06
Lot Size / Acres

Description

4206-08 Chestnut Street is an extremely rare development opportunity in a PRIME University City location.
This site is the heart of University of Pennsylvania's campus and the Philadelphia Region’s leader in Education, Science, and Innovation. Sites like this one are far and few between so act fast.
Currently there two building that would be demolished. One is a shell and the other one is in a decent condition.
Development highlights include the possibility of 22 units by right with diverse unit mixture
...4206-08 Chestnut Street is an extremely rare development opportunity in a PRIME University City location.
This site is the heart of University of Pennsylvania's campus and the Philadelphia Region’s leader in Education, Science, and Innovation. Sites like this one are far and few between so act fast.
Currently there two building that would be demolished. One is a shell and the other one is in a decent condition.
Development highlights include the possibility of 22 units by right with diverse unit mixture on 8 storeys building, around 23,350 sqft and CMX-4 zoning.

Project includes :
- Approved Demolition Permit
- Environmental (Phase 1&2)
- Approved properties Consolidation Permit
- Zoning permit – In the works
- Proposed Floor Plans.

Location, Location, Location - University City is home to some of the best educational and medical facilities in the world including Drexel, UPenn, St. Joe’s, Penn Medicine and the Children’s Hospital of Philadelphia (CHOP). The University City area boasts more than 85,000 jobs, 44% of all national institutes of health investments in the entire state, $1.85 billion in Research and Development expenditures among higher education institutions, a tripling of median home values over the past decade, and approximately 2.75 million square feet in development or under construction.
Contact me for more informations about the current and future projects that happening in the immediate area. Offering Memorandum available upon request.

Listing Agent

  1. Reda Akbil

    Reda Akbil

    Listing Agent

    Compass

    reda.akbil@compass.com

    P: 267.205.1369

Property Details for 4206-08 Chestnut Street

Tax ID Number
NO TAX RECORD
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Expected On Market Date
11-28-2022
Subdivision
UNIVERSITY CITY
Subdivision
UNIVERSITY CITY (PHILADELPHIA PA)

Location

Add your commute
LISTING UPDATED: 11/28/2022 12:06 AM

Property Details for 4206-08 Chestnut Street

StatusActive
MLS #PAPH2181636
Days on Market8
Taxes$5,905 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size0.06 AC
CountyPhiladelphia County

Location

Add your commute

Building Information for 4206-08 Chestnut Street

Lot Size0.06 AC

Payment Calculator

$8,827 per month

30 year fixed, 6.49% Interest

Principal and Interest

$8,335

Property Taxes

$492

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4206-08 Chestnut Street

Location
    Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19104 (19104)
Waterfront / Water Access
    Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
    Association / Community Info
  • Type of Condo
Taxes and Assessment
    Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $5,905
  • Zoning: CMX-4
  • Automatically Update Tax Values Y/N: No
Lot / Land Information
    Farm Information
  • Farm Land Preservation Y/N: No
    Lot / Land Information
  • Lot Size Source: Estimated
  • Current Use: Multi Residential
  • Additional Parcels: No
Utilities
    Utilities
  • Water Source: Public
  • Sewer Septic: Private Sewer

Property History for 4206-08 Chestnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4206-08 Chestnut Street

This home is within Philadelphia City School District.
RatingSchoolTypeGradesDistance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
RatingSchoolDistance
Locke Alain School
PublicK to 8

West Philadelphia High School
Public9 to 12

The Workshop School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4206-08 Chestnut Street is a 0.06 ac of land for sale in Philadelphia, PA 19104. This property was listed for sale on November 28, 2022 by Compass at $1,650,000. This listing's school district is Philadelphia City School District. Nearby schools include Locke Alain School, West Philadelphia High School and Paul Robeson High School For Human Services. 4206-08 Chestnut Street is a 0-bed, 0-bath, 0.06 ac of land on a 2,754 sq. ft. / 0.06 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.