CHARIS REALTY GROUP

Side-by-Side

14-20 W HIGHLAND AVENUE

PHILADELPHIA, PA 19118

MLS#: PAPH2669976

$3,250,000

Status: Coming Soon
Listing number: PAPH2669976
Listing provided by: BHHS Fox & Roach-Rosemont
Listing agent phone: None
Last update: 2 days ago
On site: 5 days ago
Browse Properties
CHESTNUT HILL - Residential Income

Property

Beds

9

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

9,626

An exceptional investment and redevelopment opportunity in the heart of Chestnut Hill. Offered for sale as a preferred four-parcel package, 14–20 W Highland Avenue presents a rare chance to acquire a mixed-use portfolio with immediate income, value-add potential, and long-term redevelopment flexibility. The offering consists of four contiguous parcels currently improved with two sets of twin buildings. The current uses include a blend of residential and commercial uses: 14 Highland features professional office space with a one-bedroom apartment above; 16 Highland is configured as a triplex; 18 Highland is currently used as office space, but has potential for other live/work arrangements, with an updated full kitchen and bath, and washer/dryer; and 20 Highland is a residential twin ready for a comprehensive renovation. The property provides a compelling combination of in-place cash flow and future upside. Zoned CMX-1, the site offers a wide range of possibilities for investors, developers, owner-occupants, or those seeking to reposition the assets over time, subject to all applicable municipal approvals and due diligence. Additional highlights include three on-site parking spaces and convenient access to public transportation and major roadways. Known as Philadelphia’s Garden District, Chestnut Hill boasts charming cobblestone streets, hiking, biking, and walking trails in the nearby Wissahickon, and shopping and dining destinations along and around Germantown Avenue. Opportunities of this scale and flexibility are incredibly rare.

Features & Amenities

Interior

  • Total Bedrooms

    9

  • Bathrooms

    N/A

  • Above Grade Finished Area

    9175.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Window Unit(s), Gas, Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas, Forced Air, Hot Water, Heat Pump, Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Asphalt, Private, Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.21

  • Lot Size(square feet)

    9,024

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Side-by-Side

Price

  • Sales Price

    $3,250,000

  • Tax Amount

    $24,312

  • Zoning

    CMX1

  • Sq. Footage

    9,626

  • Price/SqFt

    $337

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Accessibility Features

    Accessible Doors

  • Foundation Details

    Brick/Mortar, Stone

  • Sewer

    Public Sewer

  • Water Source

    Public

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Listing Courtesy of Andrew Michael Brennan, BHHS Fox & Roach-Rosemont

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Agent Tracy Markham

Salesperson, Realtor

Tracy Markham

Call Tracy today to schedule a private showing.

(301) 300-8469

tracym@charisrealty.com


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An exceptional investment and redevelopment opportunity in the heart of Chestnut Hill. Offered for sale as a preferred four-parcel package, 14–20 W Highland Avenue presents a rare chance to acquire a mixed-use portfolio with immediate income, value-add potential, and long-term redevelopment flexibility. The offering consists of four contiguous parcels currently improved with two sets of twin buildings. The current uses include a blend of residential and commercial uses: 14 Highland features professional office space with a one-bedroom apartment above; 16 Highland is configured as a triplex; 18 Highland is currently used as office space, but has potential for other live/work arrangements, with an updated full kitchen and bath, and washer/dryer; and 20 Highland is a residential twin ready for a comprehensive renovation. The property provides a compelling combination of in-place cash flow and future upside. Zoned CMX-1, the site offers a wide range of possibilities for investors, developers, owner-occupants, or those seeking to reposition the assets over time, subject to all applicable municipal approvals and due diligence. Additional highlights include three on-site parking spaces and convenient access to public transportation and major roadways. Known as Philadelphia’s Garden District, Chestnut Hill boasts charming cobblestone streets, hiking, biking, and walking trails in the nearby Wissahickon, and shopping and dining destinations along and around Germantown Avenue. Opportunities of this scale and flexibility are incredibly rare.

14-20 W HIGHLAND AVENUE

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