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Property Description

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 Philadelphias most sought-after neighborhoods, this RM1-zoned gem offers exceptional versatility and investment potential. Whether youre 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 youll find an attorneys 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, youll 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! Dont miss this rare opportunity to own a piece of Philadelphia history with this truly flexible and income-producing property in one of Philadelphias most prestigious locations!

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2047 Locust Street

Philadelphia, Pennsylvania, 19103, United States

3,400 Sqft
$1,875,000
Listing ID #1903580
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 1903580
Ref ID : ff0ad834-182c-4a6f-92c0-8e02842a9c30
Price : $1,875,000
Square Footage : 3,400 Sqft
Lot Area : 1,742.40 Sqft
MLS : PAPH2511720
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