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4206-08 Chestnut

PHILADELPHIA, PA 19104
  • $1,690,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: PAPH2361312
$1,690,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,500
    SQFT
  • $72
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

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 Regions leader in Education, Science, and Innovation. Sites like this one are far and few between so act fast.Currently there are 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. Joes, Penn Medicine and the Childrens 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.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Broc Schmelyun Team | RE/MAX. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-22T23:57:04.53.
www.soldbybroc.com/homes/151260191
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4206-08 Chestnut PHILADELPHIA, PA 19104

  • Price: $1,690,000
  • Status: Active
  • On Site: 19 Days
  • ID#: PAPH2361312
0
Beds
0
Baths
0
½ Baths
0.06
Acres
23,500
SQFT
$72
$/SQFT
Neighborhood:
University City
County:
Philadelphia
Area:
19104 (19104)
School District:
The School District Of Philadelphia
Property 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 Regions leader in Education, Science, and Innovation. Sites like this one are far and few between so act fast.Currently there are 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. Joes, Penn Medicine and the Childrens 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.
Exterior Features

Architectural Style Other Construction Materials Other Garage YN No Parking Types None Pool No Pool Property Condition Excellent Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 23500 Cooling None Heating None Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Construction Completed YN No Cooling Fuel None Heating Fuel None Hot Water None Municipality PHILADELPHIA Navigable Water YN N New Construction YN Yes Number Of Units Total 1 Original MLSNumber 803116283296 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 5905.00 Vacation Rental YN No Water Source Public Zoning CMX-4

Listing courtesy of Compass Pennsylvania, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Broc Schmelyun Team | RE/MAX. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-22T23:57:04.53.
 
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The Broc Schmelyun Team | RE/MAX
1147 Eichelberger Street
Hanover PA, 17331