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    241-43 Chestnut Street , C

    PHILADELPHIA, PA 19106
    • $775,000
    • STATUS: Active
    • ON SITE: 120 days
    • ID#: PAPH999484
    UPDATED: 185 min ago
    $775,000
    • 2
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    • 2,217
      SQFT
    • $350
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    2021
    County:

    School Ratings & Info

    Description

    Rarely does an opportunity present itself to build your dream home in the middle of the most historic neighborhood in the country. Presently unfinished, this spacious bi-level home has over 2,200 sf of interior space that can be configured as a 2-bedroom or a 3-bedroom layout. Visitors exiting from the elevator directly into the unit will be immediately awed by the breathtaking size and style of the four new windows in the living room overlooking Chestnut Street, and the open 2-story loft layout that begs to be utilized for amazing modern living. The full-width interior balcony overlooking the 2-story living room has a stunning view through the living room+GGs windows. There is great potential here for the most discerning owner occupants and investors. The buyer can easily rebuild this unit as an extremely spacious 2-bedroom, 2.5-bathroom residence by simply reinstalling framing in accordance with existing drawings +GG or reconfigure it as a 3-bedroom, 2.5-bathroom home. This historic building has just undergone a complete $4.5 million gut-renovation. Upgrades and replacements too numerous to describe include a new roof, new steel bracing, new modern elevator, new gas lines, new HVAC lines, new major plumbing, new major electric, other new mechanicals, new security, fire alarm and sprinkler systems, a new lobby and all other common areas completely redone. There is virtually nothing left from the original building constructed in 1847 but the unique character of its historic brick exterior. Positioned directly across from the Museum of the American Revolution and amidst national parks and landmarks, you are within short walking distance to Independence Hall, Penn's Landing, The Liberty Bell, nationally acclaimed restaurants like Zahav, Morimoto, Amada and Buddakan and dozens of other well-known gourmet restaurants, in a terrific school district, and surrounded by trendy boutiques and galleries. The soon to come I-95 +G+Over-cap Park+G- will be just two blocks away. In another unique opportunity, this unit may be combined with the adjacent Unit D, a 3,000+ sf home with 2-3 bedrooms and 2.5 bathrooms, which is also for sale, and can be easily joined with this Unit C through a shared wall. Buy the two units and you will have an absolutely one-of-a-kind 5,200+ sf residence with 4-6 bedrooms and 5-6 bathrooms, or renovate Unit D for yourself and turn this Unit C in the world+GGs best in-law suite. Carrying costs for any buyer will be very low for a long time. Because everything in the building is brand new, it has no deferred maintenance and extremely low condo fees. Taxes have been reduced to only $1,200 (!) per year due to the building overhaul, and the buyer will enjoy a full 10-year tax abatement if renovations begin in 2021.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-29T23:53:43.143.
    www.tomtoole.com/homes/115620840
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    241-43 Chestnut Street , C PHILADELPHIA, PA 19106

    • Price: $775,000
    • Status: Active
    • Updated: 185 min ago
    • ID#: PAPH999484
    2
    Beds
    2
    Baths
    1
    ½ Baths
    N/A
    Acres
    2,217
    SQFT
    $350
    $/SQFT
    2021
    Built
    Neighborhood:
    Old City
    County:
    Philadelphia
    Area:
    19106 (19106)
    School District:
    The School District Of Philadelphia
    Property Description
    Rarely does an opportunity present itself to build your dream home in the middle of the most historic neighborhood in the country. Presently unfinished, this spacious bi-level home has over 2,200 sf of interior space that can be configured as a 2-bedroom or a 3-bedroom layout. Visitors exiting from the elevator directly into the unit will be immediately awed by the breathtaking size and style of the four new windows in the living room overlooking Chestnut Street, and the open 2-story loft layout that begs to be utilized for amazing modern living. The full-width interior balcony overlooking the 2-story living room has a stunning view through the living room+GGs windows. There is great potential here for the most discerning owner occupants and investors. The buyer can easily rebuild this unit as an extremely spacious 2-bedroom, 2.5-bathroom residence by simply reinstalling framing in accordance with existing drawings +GG or reconfigure it as a 3-bedroom, 2.5-bathroom home. This historic building has just undergone a complete $4.5 million gut-renovation. Upgrades and replacements too numerous to describe include a new roof, new steel bracing, new modern elevator, new gas lines, new HVAC lines, new major plumbing, new major electric, other new mechanicals, new security, fire alarm and sprinkler systems, a new lobby and all other common areas completely redone. There is virtually nothing left from the original building constructed in 1847 but the unique character of its historic brick exterior. Positioned directly across from the Museum of the American Revolution and amidst national parks and landmarks, you are within short walking distance to Independence Hall, Penn's Landing, The Liberty Bell, nationally acclaimed restaurants like Zahav, Morimoto, Amada and Buddakan and dozens of other well-known gourmet restaurants, in a terrific school district, and surrounded by trendy boutiques and galleries. The soon to come I-95 +G+Over-cap Park+G- will be just two blocks away. In another unique opportunity, this unit may be combined with the adjacent Unit D, a 3,000+ sf home with 2-3 bedrooms and 2.5 bathrooms, which is also for sale, and can be easily joined with this Unit C through a shared wall. Buy the two units and you will have an absolutely one-of-a-kind 5,200+ sf residence with 4-6 bedrooms and 5-6 bathrooms, or renovate Unit D for yourself and turn this Unit C in the world+GGs best in-law suite. Carrying costs for any buyer will be very low for a long time. Because everything in the building is brand new, it has no deferred maintenance and extremely low condo fees. Taxes have been reduced to only $1,200 (!) per year due to the building overhaul, and the buyer will enjoy a full 10-year tax abatement if renovations begin in 2021.
    Exterior Features

    Architectural Style Bi-Level Construction Materials MasonryOther Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Unit Building Type Garden 1 - 4 Floors Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 2217 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating Forced Air Heating YN Yes Levels 3 Main Level Bedrooms 2

    Property Features

    Accessibility Features None Assessment Year 2021 Association Amenities None Association Fee Includes None Association Fee2 0.00 Association Fee2 Frequency Monthly Association YN No Central Air YN Yes Condo YN Yes Cooling Fuel Electric Entry Level 1 Heating Fuel Natural Gas Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 304527158124 Ownership Interest Condominium Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Unit/Flat/Apartment Tax Annual Amount 1200.00 Tax Assessment Amount 85700.00 Tax Lot 349 Vacation Rental YN No Water Source Public Zoning Cmx3

    Listing courtesy of Bhhs Fox & Roach-Center City Walnut.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-29T23:53:43.143.
     
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