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4258 Chestnut St
Philadelphia, PA 19104

The Eleanor at Chestnut · Residential Property For Sale · 45 Units

Investment Highlights

  • New Construction: 9+/- Years Remain on Real Estate Tax Abatement
  • University City/Spruce Hill Location: Most Livable, Walkable and Bikeable Area of Philadelphia
  • Occupancy Rate: 100% Leased for 2019-20 School Year
  • Exceptional Unit Mix: 8% Three-Bedroom Units
  • Purpose-Built Student Housing Units: Outstanding Bed-Bath Parity
  • Access World Class Universities & Medical Facilities: UPenn, Drexel, USciences, Penn Medicine & CHOP

PROPERTY FACTS

No. Units 45
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Lot Size 0.24 AC
Building Size 47,500 SF
Average Occupancy 100%
Number of Floors 5
Year Built 2017
Parking Ratio 0.25/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Fitness Centre
  • Laundry Facilities
  • Maintenance on site
  • Public Transportation

About 4258 Chestnut St , Philadelphia, PA 19104

University City is an economic powerhouse for the entire Philadelphia region. The 2.4 square mile neighborhood is home to some of the city’s largest and most innovative academic, research, and commercial partners, who collectively employ nearly 77,000 employees. University City is a destination for diners, culture seekers, and artists who visit the area for internationally acclaimed restaurants, museums, and galleries. It’s a bustling neighborhood with infrastructure that attracts walkers, cyclists, and commuters with walkable streets, world-class public spaces, and excellent transit options. A combination of high rises and tree-lined streets, luxury apartments and Victorian houses, anchor institutions and small businesses, University City is Philadelphia’s neighborhood of choice for thousands of people and families from a wide range of backgrounds, and a neighborhood where quality of life matches quality of possibility.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
881612550
Land Assessment
£930,542
Improvements Assessment
£8,374,874
Total Assessment
£9,305,415

zoning

Zoning Code CMX4 (Zoning is primarily intended to accommodate mixed-use development, including a broad range of non-residential uses)
CMX4 (Zoning is primarily intended to accommodate mixed-use development, including a broad range of non-residential uses)
  • Listing ID: 17606694

  • Date on Market: 01/11/2019

  • Last Updated:

  • Address: 4258 Chestnut St, Philadelphia, PA 19104

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