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707 Chestnut St
Philadelphia, PA 19106
Jefferson Flats · Multifamily Property For Sale · 5 Units

INVESTMENT HIGHLIGHTS

  • Five Large Apartments, Vacant Office, and Retail | Located in the Heart of Center City East
  • Heavy Foot Traffic | Tourism, Retail, Residential, Medical & Office Market
  • One Block from 8th & Market SEPTA Station | Access Center City Philadelphia & Region
  • Upside | 4,500+ SF Vacant Office, Under Market Retail & Under Market Apartments
  • One Block from Independence Mall | Two Blocks from Washington Square West
  • One Block from Thomas Jefferson Hospital | Almost 16,000 Staff & 1,000 Students

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.11 AC
Building Size 18,500 SF
Average Occupancy 80%
No. Stories 4
Year Built 1900
Zoning CMX5 - zoning in Philadelphia allows for high-density, mixed-use development, combining residential, commercial, and institutional uses.

AMENITIES

UNIT AMENITIES

  • Granite Countertops
  • Hardwood Floors
  • Stainless Steel Appliances

SITE AMENITIES

  • Controlled Access

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
881301105
Land Assessment
$450,000
Improvements Assessment
$1,050,000
Total Assessment
$1,500,000
  • Listing ID: 26413434

  • Date on Market: 8/16/2022

  • Last Updated:

  • Address: 707 Chestnut St, Philadelphia, PA 19106

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