1805 Chestnut St
$3,950,000
1805 Chestnut St, Middle City West, PA 19103
For Sale
Multifamily
Active
Last Updated: 09/26/2025
5.1
Cap Rate
201,930
NOI
Details:
Cap Rate: 5.1%
NOI: $201,930
Building Size: 5,000 sqft
Year Built: 1900
Price Per Sqft: $790
Zoning: CMX5
Highlights:
- Days on Market: 102
- Heating: Central
Description:
Investment opportunity with excellent passive income that has been tastefully renovated and well maintained. A multi-unit building in prime Rittenhouse Square, Philadelphia zoned CMX5. Fully occupied with 4 apartments and one flagship retail tenant who has approximately nine years remaining on a recently extended lease.
Total Operating Revenue Annually:$251,032
Total Operating Expenses Annually: $49,103
Total NET OPERATING INCOME: $201,930
Location
Gallery
