For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,250,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 4,345 sqft
Price per Sqft $517
Subdivision Rittenhouse Square
MLS Listing ID PAPH912874
Sold Date 11/17/20
Style Contemporary
HOA Y/N N
Abv Grd Liv Area 4,000
Originating Board BRIGHT
Annual Tax Amount $11,353
Tax Year 2020
Lot Size 1,360 Sqft
Acres 0.03
Lot Dimensions 17 X 80
Property Description
Introducing 2020 Locust, a turnkey investment property located in the most desirable area of Philadelphia, Rittenhouse Square. Irreplaceable location: just 1 block west of the park, this coveted address features five (5) totally renovated residential apartments (fully leased) plus one (1) bonus suite for additional rental income with dedicated lower level entrance on Latimer Street. A commercial tenant in good standing occupies the 1st floor, with a recently renewed lease. There are two (2) studios, two (2) 1 bedrooms, and one (1) deluxe 2 bedroom apartment spanning the entire 4th floor with a rooftop terrace overlooking the park and downtown Philly skyline. Several units have their own laundry and there is additional common laundry in the corridor. High efficiency HVAC and building systems. Tremendous curb appeal, historic architecture, hardwood floors, contemporary fixtures, finishes and features throughout. Virtual tour coming soon. Fully occupied boutique multifamily building. 48 hour notice to show. MAKE YOUR MOVE!
Location
State PA
County Philadelphia
Area 19103 (19103)
Zoning RM1
Rooms
Basement Partially Finished
Interior
Hot Water Natural Gas
Heating Central
Cooling Ductless/Mini-Split
Flooring Hardwood
Heat Source Natural Gas
Exterior
Exterior Feature Roof, Terrace
Water Access N
View City, Park/Greenbelt
Roof Type Rubber,Fiberglass
Accessibility None
Porch Roof, Terrace
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881569610
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Christopher M McCafferty • Keller Williams Real Estate - Media