Office Name: BHHS Fox & Roach-Haverford Stn
4410 CHESTNUT ST, Philadelphia, Philadelphia, 19104 Pennsylvania - 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.
“Chris did a terrific job helping me to find just the right home and holding my hand all through the process of buying a home. Chris was always avaiable on the momentary notice to address any issue, large or small; and many times i had to wonder if he ever takes a break. I would recommend Chris for any real estate needs in a heartbeat!!! Thank you The Somers Team!”