$ 1,875,000
-
$1,875,000
Price -
0
Bed -
0
Bath -
3,400
SqFt
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About the Listing CBPREBB - 3128339
Versatile Income-Producing Property in the Heart of Rittenhouse Square! Welcome to this charming and uniquely special property located just a block and a half from the iconic Rittenhouse Square Park! Perfectly positioned in one of Philadelphia’s most sought-after neighborhoods, this RM1-zoned gem offers exceptional versatility and investment potential. Whether you're seeking a multi-family conversion, a luxurious single-family residence, or continuing its current approved use as an elegant professional office building, the possibilities are endless. Currently configured as a fully operational office space with multiple business tenants, this property provides a steady stream of income. There is a total of 8 office units throughout the 2nd, 3rd and 4th floors. 3 of the 8 units are tenant occupied, and the other units are owner occupied. As you enter the first floor and you’ll find an attorney’s office featuring a welcoming reception area, front desk, kitchen space, two half bathrooms, and a spacious conference room. The second floor boasts a large main office with a fireplace and an alcove off this office along with two additional private offices. The third floor offers three more offices, including another with a fireplace, plus an additional half bath. On the fourth floor, you’ll find two more offices ideal for a variety of uses. The full basement offers generous storage space, while the dual-zoned HVAC system ensures comfort throughout. The customized windows installed just a few years ago provide both efficiency and aesthetic appeal. 3+ car parking at the rear of the property is a great bonus! Don’t miss this rare opportunity to own a piece of Philadelphia history with this truly flexible and income-producing property in one of Philadelphia’s most prestigious locations!
Listing Highlights
Status
Pending
Days on Site
293
Property Type
Multi-Family
MLS ®
PAPH2511720
Year Built
1900
Total Square Footage
3,400
Lot/Acreage
0.04
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces: 2, 2 Fireplaces
- Floor:
- Above Ground Sq Ft: 3400
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 18.00 x 90.00
- Zoning: Property is permitted to be used for commercial space on the first floor and 8 units on the additional 3 floors.
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Asphalt Driveway,Free,Private,Parking Lot,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $11,920
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
2047 Locust St Philadelphia, PA 19103
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