5341 CHESTNUT ST new to site

Philadelphia,PA 19139

$ 599000

- Bed

- Bath

3000 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $199

MLS Listing ID PAPH2531298

Style Contemporary,Unit/Flat

Abv Grd Liv Area 3,000

Year Built 2025

Annual Tax Amount $228

Tax Year 2024

Lot Size 1,088 Sqft

Acres 0.02

Lot Dimensions 16.00 x 68.00

Property Sub-Type Triplex

Source BRIGHT

Property Description

5341 Chestnut St – New Construction Triplex in West Philadelphia

An incredible investment opportunity awaits with this newly built triplex in the heart of West Philadelphia. Completed in 2025, the property offers three modern units with premium finishes and a thoughtful design, all backed by a 10-year tax abatement that makes it an attractive option for investors or owner-occupants.

The first floor is a one-bedroom, one-bathroom apartment with access to a private backyard, ideal for outdoor living. The second floor offers another one-bedroom, one-bathroom layout, perfect for consistent rental income. The top floor stands out with a spacious three-bedroom, two-and-a-half-bathroom residence that includes a private roof deck with sweeping views, making it a highly desirable unit for renters or an excellent option for an owner's suite.

Each unit is equipped with washer and dryer hookups, central HVAC, and contemporary finishes throughout. With new construction all around and easy access to University City, public transit, and the amenities of West Philadelphia, this property provides strong rental potential as well as long-term appreciation. Whether you are looking to expand your portfolio or take advantage of a house-hacking opportunity, 5341 Chestnut St is a must-see.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning RM1

Interior

Hot Water Electric

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Exterior Feature Roof

Utilities Available Water Available,Electric Available

Water Access N

Accessibility 36\"+ wide Halls,32\"+ wide Doors,2+ Access Exits

Porch Roof

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary,Unit/Flat

Additional Building Above Grade,Below Grade

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 885691641

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Negotiable,Private,Other

Listing Terms Cash,Negotiable,Private,Other

Financing Cash,Negotiable,Private,Other

Special Listing Condition Standard

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