2020 Locust St, Philadelphia, PA 19103

$2,290,000
4,008
SqFt

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List Price
$2,290,000
Price Change
▼ $40,000 1777348115
Days on Market
515
Status
ACTIVE
MLS#
PAPH2454236
Living Area
4,008
Lot Size (Acres)
0.03
Style
Straight Thru
Year Built
1817
County
Philadelphia
School District
Philadelphia City

Property Description

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.

Additional Information

Area
19103 (19103)
Subdivision
Rittenhouse Square
Taxes
$15660
Stories
4
School District
Philadelphia City
Flooring
Hardwood
View
City, Park/Greenbelt, Panoramic
Heating
Other
Heating Fuel
Electric
Cooling
Ductless/Mini-Split
Roof
Flat
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Liberty Place. Contact: 6093995454