5304 CHESTNUT ST, Philadelphia, PA 19139
5304 CHESTNUT ST, Philadelphia, PA 19139
5304 CHESTNUT ST, Philadelphia, PA 19139
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Listed by Nafisa Bunch • Keller Williams Main Line
$325,000
Est. payment /mo
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1,457 SqFt
New

5304 CHESTNUT ST Philadelphia, PA 19139

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Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,457 sqft

Price per Sqft $223

Subdivision Cobbs Creek

MLS Listing ID PAPH2659244

Style Straight Thru

Abv Grd Liv Area 1,457

Year Built 1925

Annual Tax Amount $3,033

Tax Year 2026

Lot Size 1,187 Sqft

Acres 0.03

Lot Dimensions 16.00 x 74.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

If you're looking for an investment property that offers the benefit of a complete, recent renovation AND established rental history, 5304 Chestnut Street is worth a look. This two unit, RM-1 zoned property was gutted and completely renovated in 2023, including all new mechanical systems, framing, roof, plumbing, and electric, giving the next owner the benefit of major system replacements instead of simple cosmetic upgrades.

The property is configured as two 2-bedroom, 1-bath units, each with its own private entrance and separately metered utilities. Both units feature central air, in-unit laundry, modern kitchens with shaker style cabinets, stainless steel appliances, quartz countertops, and updated bathrooms. The open layouts, neutral finishes, recessed lighting, and durable flooring create comfortable, functional spaces that are easy to maintain and appeal to today's renters.

The added bonus is the rental history. The same tenants have been in place since the 2023 renovation, with solid payment histories for both units. For an investor, that means you're not starting from scratch, but rather, you're acquiring a recently renovated property with established tenancy and a track record of consistent rental performance with room for increase. Both units access the front porch, while the only the 1st floor unit has access to the unfinished basement. 

Located in the heart of West Philly, 5304 Chestnut Street offers the combination of updated construction, separate utilities, individual entrances, and long-term tenants that make this a no-brainer as an owner-occupied purchase or an addition to an investment portfolio. It's walkable to 52nd St's 52 bus, Chestnut St's 21 bus, Spruce St's 42 bus, Baltimore Avenue's 34 trolley, and the Market-Frankford line to 69th St Terminal or Center City. The proximity to Philadelphia's top medical and educational institutions make it a win! Schedule your tour today. Showings available Tuesdays, Wednesdays, Saturdays, and Sundays. 24 hours notice required.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning RM1

Rooms

Basement Full, Interior Access, Unfinished

Interior

Interior Features Bathroom - Tub Shower, Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Kitchen - Island, Recessed Lighting

Hot Water Natural Gas

Cooling Central A/C, Programmable Thermostat, Zoned

Flooring Luxury Vinyl Plank

Inclusions Refrigerator, Washer & Dryer in both units - current condition

Equipment Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked

Fireplace N

Appliance Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Natural Gas Available

Water Access N

Roof Type Flat

Accessibility 2+ Access Exits

Garage N

Private Pool No

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 1457

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 603012700

Ownership Fee Simple

SqFt Source 1457

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard


Bright MLS (BMLS)
Nearby Locations

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Nathaniel Arnold

Nathaniel Arnold

SRES - Seniors Real Estate Specialist | License ID: 6109

+1(301) 485-5072

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5304 CHESTNUT ST