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2020 Locust St
Philadelphia, PA 19103
Rittenhouse Square 7-Unit · Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- GENERATIONAL REAL ESTATE ACQUISITION OPPORTUNITY
- TURNKEY RENOVATED PROPERTY
- 1.5 BLOCKS TO RITTENHOUSE SQUARE PARK — MOST DESIRABLE LOCATION IN PHILLY
EXECUTIVE SUMMARY
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. The Property consists of 4,000 SF with 1 commercial space, 3 studios, 2 1bds, + 1 2bd 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..
PROPERTY FACTS
| Price Per Unit | $342,857 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.03 AC |
| No. Units | 7 | Building Size | 4,100 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1817/2017 |
| Zoning | rm1 | ||
| Price Per Unit | $342,857 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 4,100 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1817/2017 |
| Zoning | rm1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
PROPERTY TAXES
| Parcel Number | 881569610 | Improvements Assessment | $991,340 |
| Land Assessment | $424,860 | Total Assessment | $1,416,200 |
PROPERTY TAXES
Parcel Number
881569610
Land Assessment
$424,860
Improvements Assessment
$991,340
Total Assessment
$1,416,200
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Rittenhouse Square 7-Unit | 2020 Locust St
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