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134 Chestnut St

Philadelphia, PA, 19106

For Sale $1,090,000

$1,090,000

☆☆☆☆☆★★★★★
Not Rated
(0)

Units
Unknown Sq Ft
945 Sq Ft
Unknown Cap Rate

Description

Investor opportunity in the heart of Philadelphia’s storied Old City District—134 Chestnut Street is a stabilized, cash-flowing legal four-unit mixed-use building with CMX-3 zoning and multiple revenue paths. With 2,265 square feet of rentable space, this property checks all the boxes for a savvy buyer seeking long-term appreciation and immediate income.

The ground floor is occupied by a successful Middle Eastern restaurant on a long-term lease with 7.5 years remaining, 5% annual rent escalations, and favorable terms—including the tenant covering 85% of real estate taxes and 100% of the water bill. This solid commercial anchor contributes to a projected cap rate of 8.2% and $92,400 in annual gross rent.

Above, three residential units provide flexible rental strategies. One unit—currently non-conforming—is used by the owner and delivered vacant, making it ideal for short or mid-term rental conversion. The existing layout offers the option to update or reconfigure for maximum return, and the CMX-3 zoning allows for upward expansion or creative repositioning.

Located in a prime section of Old City surrounded by historic charm, galleries, restaurants, and cultural landmarks, this address also benefits from strong tourism, transit access, and professional rental demand. Whether you continue operating as-is or explore Airbnb, mid-term rentals, or adding residential density—this building presents a rare blend of location, income, and flexibility.

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Amenities

Garage

Pool

Garden

Security System

Internet

Telephone

Heating

Fireplace

Balcony & Patio

TV / Cable

Laundry

Hardwood Floors

Spa

Air Conditioning

Solar Power

Floor Plan

Great Views

Natural Light

Quiet

Water View

Elevator

Guest Unit(s)

Furnished

220 Volt

Property Details

List Price	$1,090,000
Property Type	Flex Space
Usable Sqft	Unknown
Number of Stories	0 stories
Parking Spots	0 spots
Year Built	1900
Last Sold	Unknown
Sold Price	Unknown

APN #	871006300
MLS #	PAPH2430602
Property ID	321143986
Lot Sqft	945
Zoning	CMX3
Days on Market	93
Original List Price	Unknown
Date Updated	March 28, 2025
Date Created	December 29, 2024

Financials

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Richard K Cassell an agent of . Lic #RS330536

© 2025 Copyright BRIGHT, All Rights Reserved

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Information Deemed Reliable But Not Guaranteed

Data last updated: April 01, 2025.

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$7,788
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Estimated payment	$7,788 /mo
Loan amount	$1,090,000
Down payment	$0
Interest rate	7.5%
Loan term	30 years
Taxes & insurance included?	YES
Property tax	1.2%/YR
Homeowner's insurance	$67/mo
HOA dues	$0/mo

Payment Breakdown

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$7,788
per month

Amortization

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Principal vs. interest

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Amortization Schedule

Over 360 months you will spend $1,654,151 in interest.

MONTH	PRINCIPAL & INTEREST	PRINCIPAL	INTEREST	PRINCIPAL REMAINING
1	$7,621	$809	$6,813	$1,089,192
2	$7,621	$814	$6,807	$1,088,378
3	$7,621	$819	$6,802	$1,087,559
4	$7,621	$824	$6,797	$1,086,736
5	$7,621	$829	$6,792	$1,085,907
6	$7,621	$834	$6,787	$1,085,073
7	$7,621	$839	$6,782	$1,084,233
8	$7,621	$845	$6,776	$1,083,389
9	$7,621	$850	$6,771	$1,082,539
10	$7,621	$855	$6,766	$1,081,684
11	$7,621	$860	$6,761	$1,080,823
12	$7,621	$866	$6,755	$1,079,957
13	$7,621	$871	$6,750	$1,079,086
14	$7,621	$877	$6,744	$1,078,209
15	$7,621	$882	$6,739	$1,077,327
16	$7,621	$888	$6,733	$1,076,440
17	$7,621	$893	$6,728	$1,075,546
18	$7,621	$899	$6,722	$1,074,648
19	$7,621	$904	$6,717	$1,073,743
20	$7,621	$910	$6,711	$1,072,833
21	$7,621	$916	$6,705	$1,071,917
22	$7,621	$922	$6,699	$1,070,996
23	$7,621	$927	$6,694	$1,070,068
24	$7,621	$933	$6,688	$1,069,135
25	$7,621	$939	$6,682	$1,068,196
26	$7,621	$945	$6,676	$1,067,252
27	$7,621	$951	$6,670	$1,066,301
28	$7,621	$957	$6,664	$1,065,344
29	$7,621	$963	$6,658	$1,064,382
30	$7,621	$969	$6,652	$1,063,413
31	$7,621	$975	$6,646	$1,062,438
32	$7,621	$981	$6,640	$1,061,458
33	$7,621	$987	$6,634	$1,060,471
34	$7,621	$993	$6,628	$1,059,478
35	$7,621	$999	$6,622	$1,058,478
36	$7,621	$1,006	$6,615	$1,057,473
37	$7,621	$1,012	$6,609	$1,056,461
38	$7,621	$1,018	$6,603	$1,055,443
39	$7,621	$1,024	$6,597	$1,054,419
40	$7,621	$1,031	$6,590	$1,053,388
41	$7,621	$1,037	$6,584	$1,052,350
42	$7,621	$1,044	$6,577	$1,051,307
43	$7,621	$1,050	$6,571	$1,050,256
44	$7,621	$1,057	$6,564	$1,049,199
45	$7,621	$1,064	$6,558	$1,048,136
46	$7,621	$1,070	$6,551	$1,047,066
47	$7,621	$1,077	$6,544	$1,045,989
48	$7,621	$1,084	$6,537	$1,044,905
49	$7,621	$1,090	$6,531	$1,043,815
50	$7,621	$1,097	$6,524	$1,042,718
51	$7,621	$1,104	$6,517	$1,041,614
52	$7,621	$1,111	$6,510	$1,040,503
53	$7,621	$1,118	$6,503	$1,039,385
54	$7,621	$1,125	$6,496	$1,038,260
55	$7,621	$1,132	$6,489	$1,037,128
56	$7,621	$1,139	$6,482	$1,035,989
57	$7,621	$1,146	$6,475	$1,034,843
58	$7,621	$1,153	$6,468	$1,033,690
59	$7,621	$1,160	$6,461	$1,032,530
60	$7,621	$1,168	$6,453	$1,031,362
61	$7,621	$1,175	$6,446	$1,030,187
62	$7,621	$1,182	$6,439	$1,029,005
63	$7,621	$1,190	$6,431	$1,027,815
64	$7,621	$1,197	$6,424	$1,026,618
65	$7,621	$1,205	$6,416	$1,025,413
66	$7,621	$1,212	$6,409	$1,024,201
67	$7,621	$1,220	$6,401	$1,022,981
68	$7,621	$1,227	$6,394	$1,021,754
69	$7,621	$1,235	$6,386	$1,020,519
70	$7,621	$1,243	$6,378	$1,019,276
71	$7,621	$1,251	$6,370	$1,018,025
72	$7,621	$1,258	$6,363	$1,016,767
73	$7,621	$1,266	$6,355	$1,015,501
74	$7,621	$1,274	$6,347	$1,014,227
75	$7,621	$1,282	$6,339	$1,012,945
76	$7,621	$1,290	$6,331	$1,011,655
77	$7,621	$1,298	$6,323	$1,010,356
78	$7,621	$1,306	$6,315	$1,009,050
79	$7,621	$1,314	$6,307	$1,007,736
80	$7,621	$1,323	$6,298	$1,006,413
81	$7,621	$1,331	$6,290	$1,005,082
82	$7,621	$1,339	$6,282	$1,003,743
83	$7,621	$1,348	$6,273	$1,002,395
84	$7,621	$1,356	$6,265	$1,001,039
85	$7,621	$1,365	$6,257	$999,675
86	$7,621	$1,373	$6,248	$998,302
87	$7,621	$1,382	$6,239	$996,920
88	$7,621	$1,390	$6,231	$995,530
89	$7,621	$1,399	$6,222	$994,131
90	$7,621	$1,408	$6,213	$992,723
91	$7,621	$1,416	$6,205	$991,307
92	$7,621	$1,425	$6,196	$989,881
93	$7,621	$1,434	$6,187	$988,447
94	$7,621	$1,443	$6,178	$987,004
95	$7,621	$1,452	$6,169	$985,552
96	$7,621	$1,461	$6,160	$984,090
97	$7,621	$1,470	$6,151	$982,620
98	$7,621	$1,480	$6,141	$981,140
99	$7,621	$1,489	$6,132	$979,652
100	$7,621	$1,498	$6,123	$978,153
101	$7,621	$1,508	$6,113	$976,646
102	$7,621	$1,517	$6,104	$975,129
103	$7,621	$1,526	$6,095	$973,602
104	$7,621	$1,536	$6,085	$972,066
105	$7,621	$1,546	$6,075	$970,521
106	$7,621	$1,555	$6,066	$968,966
107	$7,621	$1,565	$6,056	$967,401
108	$7,621	$1,575	$6,046	$965,826
109	$7,621	$1,585	$6,036	$964,241
110	$7,621	$1,594	$6,027	$962,647
111	$7,621	$1,604	$6,017	$961,042
112	$7,621	$1,614	$6,007	$959,428
113	$7,621	$1,625	$5,996	$957,803
114	$7,621	$1,635	$5,986	$956,169
115	$7,621	$1,645	$5,976	$954,524
116	$7,621	$1,655	$5,966	$952,868
117	$7,621	$1,666	$5,955	$951,203
118	$7,621	$1,676	$5,945	$949,527
119	$7,621	$1,686	$5,935	$947,840
120	$7,621	$1,697	$5,924	$946,143
121	$7,621	$1,708	$5,913	$944,436
122	$7,621	$1,718	$5,903	$942,718
123	$7,621	$1,729	$5,892	$940,988
124	$7,621	$1,740	$5,881	$939,249
125	$7,621	$1,751	$5,870	$937,498
126	$7,621	$1,762	$5,859	$935,736
127	$7,621	$1,773	$5,848	$933,964
128	$7,621	$1,784	$5,837	$932,180
129	$7,621	$1,795	$5,826	$930,385
130	$7,621	$1,806	$5,815	$928,579
131	$7,621	$1,817	$5,804	$926,762
132	$7,621	$1,829	$5,792	$924,933
133	$7,621	$1,840	$5,781	$923,093
134	$7,621	$1,852	$5,769	$921,241
135	$7,621	$1,863	$5,758	$919,378
136	$7,621	$1,875	$5,746	$917,503
137	$7,621	$1,887	$5,734	$915,616
138	$7,621	$1,898	$5,723	$913,718
139	$7,621	$1,910	$5,711	$911,808
140	$7,621	$1,922	$5,699	$909,885
141	$7,621	$1,934	$5,687	$907,951
142	$7,621	$1,946	$5,675	$906,005
143	$7,621	$1,958	$5,663	$904,046
144	$7,621	$1,971	$5,650	$902,076
145	$7,621	$1,983	$5,638	$900,093
146	$7,621	$1,995	$5,626	$898,097
147	$7,621	$2,008	$5,613	$896,089
148	$7,621	$2,020	$5,601	$894,069
149	$7,621	$2,033	$5,588	$892,036
150	$7,621	$2,046	$5,575	$889,990
151	$7,621	$2,059	$5,562	$887,932
152	$7,621	$2,071	$5,550	$885,860
153	$7,621	$2,084	$5,537	$883,776
154	$7,621	$2,097	$5,524	$881,678
155	$7,621	$2,111	$5,510	$879,568
156	$7,621	$2,124	$5,497	$877,444
157	$7,621	$2,137	$5,484	$875,307
158	$7,621	$2,150	$5,471	$873,157
159	$7,621	$2,164	$5,457	$870,993
160	$7,621	$2,177	$5,444	$868,816
161	$7,621	$2,191	$5,430	$866,625
162	$7,621	$2,205	$5,416	$864,420
163	$7,621	$2,218	$5,403	$862,202
164	$7,621	$2,232	$5,389	$859,970
165	$7,621	$2,246	$5,375	$857,723
166	$7,621	$2,260	$5,361	$855,463
167	$7,621	$2,274	$5,347	$853,189
168	$7,621	$2,289	$5,332	$850,900
169	$7,621	$2,303	$5,318	$848,597
170	$7,621	$2,317	$5,304	$846,280
171	$7,621	$2,332	$5,289	$843,948
172	$7,621	$2,346	$5,275	$841,602
173	$7,621	$2,361	$5,260	$839,241
174	$7,621	$2,376	$5,245	$836,865
175	$7,621	$2,391	$5,230	$834,475
176	$7,621	$2,406	$5,215	$832,069
177	$7,621	$2,421	$5,200	$829,649
178	$7,621	$2,436	$5,185	$827,213
179	$7,621	$2,451	$5,170	$824,762
180	$7,621	$2,466	$5,155	$822,296
181	$7,621	$2,482	$5,139	$819,814
182	$7,621	$2,497	$5,124	$817,317
183	$7,621	$2,513	$5,108	$814,804
184	$7,621	$2,528	$5,093	$812,276
185	$7,621	$2,544	$5,077	$809,731
186	$7,621	$2,560	$5,061	$807,171
187	$7,621	$2,576	$5,045	$804,595
188	$7,621	$2,592	$5,029	$802,003
189	$7,621	$2,608	$5,013	$799,394
190	$7,621	$2,625	$4,996	$796,770
191	$7,621	$2,641	$4,980	$794,128
192	$7,621	$2,658	$4,963	$791,471
193	$7,621	$2,674	$4,947	$788,796
194	$7,621	$2,691	$4,930	$786,105
195	$7,621	$2,708	$4,913	$783,398
196	$7,621	$2,725	$4,896	$780,673
197	$7,621	$2,742	$4,879	$777,931
198	$7,621	$2,759	$4,862	$775,172
199	$7,621	$2,776	$4,845	$772,396
200	$7,621	$2,794	$4,827	$769,602
201	$7,621	$2,811	$4,810	$766,791
202	$7,621	$2,829	$4,792	$763,963
203	$7,621	$2,846	$4,775	$761,117
204	$7,621	$2,864	$4,757	$758,253
205	$7,621	$2,882	$4,739	$755,371
206	$7,621	$2,900	$4,721	$752,471
207	$7,621	$2,918	$4,703	$749,553
208	$7,621	$2,936	$4,685	$746,616
209	$7,621	$2,955	$4,666	$743,662
210	$7,621	$2,973	$4,648	$740,689
211	$7,621	$2,992	$4,629	$737,697
212	$7,621	$3,010	$4,611	$734,686
213	$7,621	$3,029	$4,592	$731,657
214	$7,621	$3,048	$4,573	$728,609
215	$7,621	$3,067	$4,554	$725,542
216	$7,621	$3,086	$4,535	$722,456
217	$7,621	$3,106	$4,515	$719,350
218	$7,621	$3,125	$4,496	$716,225
219	$7,621	$3,145	$4,476	$713,080
220	$7,621	$3,164	$4,457	$709,916
221	$7,621	$3,184	$4,437	$706,732
222	$7,621	$3,204	$4,417	$703,528
223	$7,621	$3,224	$4,397	$700,304
224	$7,621	$3,244	$4,377	$697,060
225	$7,621	$3,264	$4,357	$693,796
226	$7,621	$3,285	$4,336	$690,511
227	$7,621	$3,305	$4,316	$687,206
228	$7,621	$3,326	$4,295	$683,880
229	$7,621	$3,347	$4,274	$680,533
230	$7,621	$3,368	$4,253	$677,165
231	$7,621	$3,389	$4,232	$673,776
232	$7,621	$3,410	$4,211	$670,367
233	$7,621	$3,431	$4,190	$666,935
234	$7,621	$3,453	$4,168	$663,483
235	$7,621	$3,474	$4,147	$660,008
236	$7,621	$3,496	$4,125	$656,513
237	$7,621	$3,518	$4,103	$652,995
238	$7,621	$3,540	$4,081	$649,455
239	$7,621	$3,562	$4,059	$645,893
240	$7,621	$3,584	$4,037	$642,309
241	$7,621	$3,607	$4,014	$638,702
242	$7,621	$3,629	$3,992	$635,073
243	$7,621	$3,652	$3,969	$631,421
244	$7,621	$3,675	$3,946	$627,747
245	$7,621	$3,698	$3,923	$624,049
246	$7,621	$3,721	$3,900	$620,328
247	$7,621	$3,744	$3,877	$616,585
248	$7,621	$3,767	$3,854	$612,817
249	$7,621	$3,791	$3,830	$609,026
250	$7,621	$3,815	$3,806	$605,212
251	$7,621	$3,838	$3,783	$601,373
252	$7,621	$3,862	$3,759	$597,511
253	$7,621	$3,887	$3,734	$593,624
254	$7,621	$3,911	$3,710	$589,713
255	$7,621	$3,935	$3,686	$585,778
256	$7,621	$3,960	$3,661	$581,818
257	$7,621	$3,985	$3,636	$577,834
258	$7,621	$4,010	$3,611	$573,824
259	$7,621	$4,035	$3,586	$569,789
260	$7,621	$4,060	$3,561	$565,730
261	$7,621	$4,085	$3,536	$561,644
262	$7,621	$4,111	$3,510	$557,534
263	$7,621	$4,136	$3,485	$553,397
264	$7,621	$4,162	$3,459	$549,235
265	$7,621	$4,188	$3,433	$545,047
266	$7,621	$4,214	$3,407	$540,832
267	$7,621	$4,241	$3,380	$536,592
268	$7,621	$4,267	$3,354	$532,324
269	$7,621	$4,294	$3,327	$528,030
270	$7,621	$4,321	$3,300	$523,709
271	$7,621	$4,348	$3,273	$519,362
272	$7,621	$4,375	$3,246	$514,987
273	$7,621	$4,402	$3,219	$510,584
274	$7,621	$4,430	$3,191	$506,154
275	$7,621	$4,458	$3,163	$501,697
276	$7,621	$4,485	$3,136	$497,212
277	$7,621	$4,513	$3,108	$492,698
278	$7,621	$4,542	$3,079	$488,156
279	$7,621	$4,570	$3,051	$483,586
280	$7,621	$4,599	$3,022	$478,988
281	$7,621	$4,627	$2,994	$474,361
282	$7,621	$4,656	$2,965	$469,704
283	$7,621	$4,685	$2,936	$465,019
284	$7,621	$4,715	$2,906	$460,304
285	$7,621	$4,744	$2,877	$455,560
286	$7,621	$4,774	$2,847	$450,786
287	$7,621	$4,804	$2,817	$445,983
288	$7,621	$4,834	$2,787	$441,149
289	$7,621	$4,864	$2,757	$436,285
290	$7,621	$4,894	$2,727	$431,391
291	$7,621	$4,925	$2,696	$426,466
292	$7,621	$4,956	$2,665	$421,511
293	$7,621	$4,987	$2,634	$416,524
294	$7,621	$5,018	$2,603	$411,507
295	$7,621	$5,049	$2,572	$406,457
296	$7,621	$5,081	$2,540	$401,377
297	$7,621	$5,112	$2,509	$396,264
298	$7,621	$5,144	$2,477	$391,120
299	$7,621	$5,177	$2,445	$385,944
300	$7,621	$5,209	$2,412	$380,735
301	$7,621	$5,241	$2,380	$375,493
302	$7,621	$5,274	$2,347	$370,219
303	$7,621	$5,307	$2,314	$364,912
304	$7,621	$5,340	$2,281	$359,572
305	$7,621	$5,374	$2,247	$354,198
306	$7,621	$5,407	$2,214	$348,791
307	$7,621	$5,441	$2,180	$343,350
308	$7,621	$5,475	$2,146	$337,875
309	$7,621	$5,509	$2,112	$332,365
310	$7,621	$5,544	$2,077	$326,822
311	$7,621	$5,578	$2,043	$321,243
312	$7,621	$5,613	$2,008	$315,630
313	$7,621	$5,648	$1,973	$309,982
314	$7,621	$5,684	$1,937	$304,298
315	$7,621	$5,719	$1,902	$298,579
316	$7,621	$5,755	$1,866	$292,824
317	$7,621	$5,791	$1,830	$287,033
318	$7,621	$5,827	$1,794	$281,206
319	$7,621	$5,863	$1,758	$275,343
320	$7,621	$5,900	$1,721	$269,443
321	$7,621	$5,937	$1,684	$263,506
322	$7,621	$5,974	$1,647	$257,532
323	$7,621	$6,011	$1,610	$251,520
324	$7,621	$6,049	$1,572	$245,471
325	$7,621	$6,087	$1,534	$239,384
326	$7,621	$6,125	$1,496	$233,260
327	$7,621	$6,163	$1,458	$227,096
328	$7,621	$6,202	$1,419	$220,895
329	$7,621	$6,240	$1,381	$214,654
330	$7,621	$6,279	$1,342	$208,375
331	$7,621	$6,319	$1,302	$202,056
332	$7,621	$6,358	$1,263	$195,698
333	$7,621	$6,398	$1,223	$189,300
334	$7,621	$6,438	$1,183	$182,862
335	$7,621	$6,478	$1,143	$176,384
336	$7,621	$6,519	$1,102	$169,866
337	$7,621	$6,559	$1,062	$163,306
338	$7,621	$6,600	$1,021	$156,706
339	$7,621	$6,642	$979	$150,064
340	$7,621	$6,683	$938	$143,381
341	$7,621	$6,725	$896	$136,656
342	$7,621	$6,767	$854	$129,890
343	$7,621	$6,809	$812	$123,080
344	$7,621	$6,852	$769	$116,229
345	$7,621	$6,895	$726	$109,334
346	$7,621	$6,938	$683	$102,396
347	$7,621	$6,981	$640	$95,415
348	$7,621	$7,025	$596	$88,391
349	$7,621	$7,069	$552	$81,322
350	$7,621	$7,113	$508	$74,209
351	$7,621	$7,157	$464	$67,052
352	$7,621	$7,202	$419	$59,850
353	$7,621	$7,247	$374	$52,603
354	$7,621	$7,292	$329	$45,311
355	$7,621	$7,338	$283	$37,973
356	$7,621	$7,384	$237	$30,590
357	$7,621	$7,430	$191	$23,160
358	$7,621	$7,476	$145	$15,684
359	$7,621	$7,523	$98	$8,161
360	$7,621	$7,570	$51	$0

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134 Chestnut St, Philadelphia, PA 19106 | For Sale