4915 Chancellor St

Philadelphia, PA 19139

ATTENTION INVESTORS, BUILDERS & REHABBERS OPPORTUNITY ALERT Vacant Residential Shell, Requires Full Gut and Total Rehab! Walnut Hill Community of University City, Semi-Detached Twin 19'x64' 1,216 SF Lot. Large Three-Story 2,010 GSF 5-BDR 1.5 Bath Residence with a full walkable extended basement. Robust proportions, large rooms, and tall ceilings, good light throughout. Generous front porch. Decent size 12'x19' backyard. Zoning RSA-3. Utilities: 100 AMP electric + gas heat-hot water. Golden opportunity to build a great new home on a quiet street. THINK OUTSIDE THE BOX Imagine reconfiguring the floor plan and staircase while offering contemporary design features and attractive finishes to serve modern lifestyles. You can provide an open plan on the first floor with a stylish modern kitchen, place laundry on an upper level, redefine the sleeping quarters and bath on the second level, and redesign the third level as a master suite by adding additional living space like ensuite walk-in closets, a private bath, a personal terrace to the back accessed from an adjoining den, and locate the master bedroom in the front, then finish the basement to host a large family room with adjacent storage and a utility closet. Located on a quiet street minutes from public transportation, with easy access to Center City and the UPenn & Drexel Campuses. The property is eligible for a 10-year Property Tax Abatement. Located within a Qualified Opportunity Zone and is eligible to roll capital gain investments into real estate within QOZ guidelines in exchange for favorable tax treatment for qualified buyers. Book Your Showing Today!