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4220 Chestnut Street, Philadelphia, PA 19104

$685,000

  • Sold
  • Closed
  • Triplex
4220 Chestnut Street, Philadelphia, PA 19104View this property at 4220 Chestnut Street, Philadelphia, PA 19104
4220 Chestnut StreetPhiladelphiaPA19104

Map & Location

Property Description

Your opportunity to own a fully occupied, well-kept Triplex in the heart of University City. All 3 units were completely renovated, systems and cosmetic, in 2011. Each unit features hardwood floors throughout, central air, granite countertops in the kitchen, all tile bathrooms with double sinks, washer, and dryer. Keep All units occupied for maximum positive cash flow or use one unit for yourself! The full basement, with its high ceilings, has the potential for a 4th unit. Walking distance to University of Pennsylvania (UPenn), Drexel University, 24-hour Pharmacy, and Supermarkets, convenient to center city. The cap rate includes taxes, insurance, snow removal, landscaping, maintenance, and utilities. There is separate heat and electric
for each unit, the owner currently pays them for the whole building. They can be passed on to the tenants to increase cash flow. Rent is directly deposited each month. Owner willing to manage the property for up to 6 months for a new investor if needed.

Full Property Detailsfor 4220 Chestnut Street

General

  • Sold For: $685,000
  • Taxes: $3,346 (2017)
  • Status: Closed
  • Type: Triplex
  • MLS ID: 1000312517
  • Added: 285 day(s) ago

Business

  • Includes: Land Only

Interior

  • Interior Features: Sprinkler System
  • Flooring: Wood

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Other Rooms

  • Laundry: Washer In Unit, Dryer In Unit

Parking

  • Parking Features: Street

Location

  • Area: 19104 (19104)
  • County: Philadelphia
  • Development Name: University City
  • Subdivision: University City
  • Cross Streets: 42Nd St

School Information

  • School District: The School District Of Philadelphia

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Heating Type: Gas, Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Water/Sewer: 1485

Structural Information

  • Structure Type: Single Building
  • Construction: Vinyl Siding, Brick
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Storage: Basement
  • Entry Location: Common
  • Sq. Ft. Source: Seller
  • Year Built: 1927
  • Year Built Source: Estimated
  • Property Condition: Average+Prop

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 3

Unit 1

  • Unit Description: Unit 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Unit 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Unit Description: Unit 3
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,939
  • Lot Dimensions: 16 x 120
  • Zoning: CMX4

Financial Considerations

  • Annual Heat Cost: $2,794
  • Tax w/Assessment: $239,000
  • Tax Amount: $3,346
  • Tax Year: 2017

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot: 86

Listed by Keller Williams Real Estate-Newark, Oliver S Millwood II
Sold by Keller Williams Realty Group, Eric D Feinberg

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Your Property Information

Your Contact Information

Schools

Schoolsserving 4220 Chestnut Street

School District:The School District Of Philadelphia
School Name
Grades
Distance
Alain Locke Elemementary School
4550 Haverford Ave, Philadelphia, PA 19139
K-8
0.5 mi
Charles R. Drew Elementary School
1183 N. 38th St, Philadelphia, PA 19104
0.6 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 4220 Chestnut Street

Date
Details
Price
Change
Source
1/17/2018
Sold
$685,000
-8.05%
MLS
8/14/2017
Listed
$745,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Community Info

Community Infofor 4220 Chestnut Street

Listed by Keller Williams Real Estate-Newark, Oliver S Millwood II
Sold by Keller Williams Realty Group, Eric D Feinberg

4220 Chestnut Street, Philadelphia, PA 19104 (MLS# 1000312517) is a Triplex property that was sold at $685,000 on January 17, 2018. Want to learn more about 4220 Chestnut Street? Do you have questions about finding other Triplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.