2020 Locust Street in Rittenhouse Square represents a generational real estate acquisition opportunity to purchase a blue-chip multifamily building in an irreplaceable location — 1.5 blocks to Rittenhouse Square Park— the most esteemed neighborhood in Philadelphia, Pennsylvania. This seven (7) unit apartment building is a turnkey investment. PRIME CENTRAL REAL ESTATE. The Property consists of 4,000 SF with 1 commercial space, 3 studios, 2 1bds, + 1 2bd residence with a private rooftop terrace overlooking Rittenhouse Square and Center City. Renovated in 2017 with hardwood floors, contemporary kitchens and baths, laundry, upgraded HVAC + more. 2020 Locust is an irreplaceable commercial real estate investment in the top destination in the world to visit in 2026 (WSJ) — Philadelphia, Pennsylvania. Philly currently ranks as a Top-5 submarket for rent growth, boosted by stable, consistent demand from the "Eds & Meds" economy driven by Chop, Penn, HUP, Drexel, Schuylkill Yards, Science Center, Comcast, Aramark, Jefferson and other world-class employers, health and education systems. Enquire within for rent roll, T12, floorplans.
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Listing Snapshot
Price
$2,270,000
Days On Site
575 Days
Bedrooms
4
Inside Area (SqFt)
4,008 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
1817
MLS® Number
PAPH2454236
Status
Active
Property Tax
$15,660
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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