4410 Chestnut Street,  Philadelphia PA, 19104

(Active)
$649,000
|
7 beds, 3 baths, 3,202 sqft
|
MLS# 7004787
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Last Updated: 6/27/2017 10:27 PM
Description for 4410 Chestnut Street Philadelphia, PA 19104
Once in-a-lifetime investors' opportunity to own a fully-occupied, upscale, beautifully preserved and maintained U. City historic mansion legally zoned for room-by-room rental! This home is the only one of its kind we know of in all of University City. Unlike other investors owning historic mansions in U. City and renting room-by-room, you do NOT have to operate this property illegally. (Owner has 6 current licenses available). This one-of-a-kind historic 7 bedroom mansion has been lovingly and meticulously preserved and maintained and is an absolute cash cow. Our cap rates are LEGITIMATE cap rates and have factored in not only taxes, but also insurance, utilities, cable/internet, snow removal, landscaping, and maintenance. At full asking price, your annual ROI is over 6%!! Original historic details abound in this exceptional historic mansion, including: original marble foyer with ornate French doors, 12' ceilings with original ornate triple crown moldings, 9' windows (replaced for energy efficiency), original hardwood floors, bay windows, 3 original ornate fireplaces, original mahogany pocket doors, and original giant flagstone sidewalks. Please note that owner did major cosmetic renovations (including two granite kitchen upgrades) after photos were taken. You really must see this unique property in-person to appreciate it.
Price
$649,000
University City
PHILADELPHIA
7
3
3,202 (approx)
7004787
Active
Description
Once in-a-lifetime investors' opportunity to own a fully-occupied, upscale, beautifully preserved and maintained U. City historic mansion legally zoned for room-by-room rental! This home is the only one of its kind we know of in all of University City. Unlike other investors owning historic mansions in U. City and renting room-by-room, you do NOT have to operate this property illegally. (Owner has 6 current licenses available). This one-of-a-kind historic 7 bedroom mansion has been lovingly and meticulously preserved and maintained and is an absolute cash cow. Our cap rates are LEGITIMATE cap rates and have factored in not only taxes, but also insurance, utilities, cable/internet, snow removal, landscaping, and maintenance. At full asking price, your annual ROI is over 6%!! Original historic details abound in this exceptional historic mansion, including: original marble foyer with ornate French doors, 12' ceilings with original ornate triple crown moldings, 9' windows (replaced for energy efficiency), original hardwood floors, bay windows, 3 original ornate fireplaces, original mahogany pocket doors, and original giant flagstone sidewalks. Please note that owner did major cosmetic renovations (including two granite kitchen upgrades) after photos were taken. You really must see this unique property in-person to appreciate it.
Listing Information
Property Type: Apartment, Other
7 3
0.05 Acres 3O 3,202 (approx)
1917 Brick
University City
Stone
6 Total
Neighborhood
School Information
District: Philadelphia
Room Information
In Unit, Dryer Connection
Interior Features
Stone
Wall Air Conditioning
Gas Heat, Forced Air
Full, Finished
3
Security System
Ceiling Fans
Exterior / Lot Features
Brick
Rolled
20X110
RM1
Sidewalks, Street Lights
Driving Directions
East on Chestnut St from 45th st. Property is on the right
Financial Considerations
$4,706
Conventional,VA,FHA 203(b)
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19104 has a population of 1,567,442.

The median household income in Philadelphia, Pennsylvania 19104 is $37,460. The median household income for the surrounding county is $37,460 compared to the national median of $53,482. The median age of people living in Philadelphia 19104 is 33.6 years.

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Courtesy: BHHS Fox & Roach-Haverford Stn
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
Information is deemed reliable but is not guaranteed.

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