4042 Chestnut St, Philadelphia, PA 19104 For Sale

A trophy 25-unit, 70-bed elevator building in University City. Adjacent to the local police station and within the UPenn Security Zone, this asset offers unmatched safety credentials. The investment strategy is a "Core" play, capturing the high-end UPenn and USciences demographic.

This mid-rise at 40th & Chestnut Streets features three-bedroom/three-bath layouts averaging 1,000 SF. Building amenities include a parking garage, keyless entry, and hardwood floors throughout. It is 0.3 miles from the Market-Frankford Line subway station.

University City is recognized as a regional leader in science and Innovation, featuring distinguished universities and hospitals. The neighborhood spans 2.4 square miles and accommodates over 50,000 residents, alongside 85,000 jobs in various sectors, including medicine, higher education, real estate, technology, and hospitality.

University City offers extensive real estate development opportunities and provides some of the region's best transportation infrastructure, including highly accessible bicycle and pedestrian thoroughfares. This prominent section of the City stands as a cultural destination and transportation hub, as well as an employment center that supports significant development projects and advances in life sciences.

With a diverse population, varied housing and rental options, exceptional educational institutions and medical facilities, and a wide array of amenities, University City is considered one of Philadelphia’s premier neighborhoods and is well-positioned to address both current and future needs.