Rare to market, this investment opportunity affords today's most savvy investor an incredible slice of heaven in one of the most sought after locations in the city. This magnificent building is ideally located right by Rittenhouse Square on a highly desirable block with all the amenities anyone could ask for. This building has undergone an extensive renovation for a long term medical tenant which has a 2 story medical office, that was painstakingly updated top to bottom. High ceilings, hardwood flooing, updated plumbing and electtrical. The old world charm meeting with today's modern amenitites has been meticulously combined and affords plenty of street exposure and natural lighting. In addition to the medical practice, there are additional apartments as well. There are 4 units, compiling of 3 one bedroom apartments and a two story penthouse with 2 bedrooms. This building brings in about $188,000 in annual inome. Utiliites have been separated out, long term tenants in excess of 10 years for some. This building exemplifies the beauty and archittectural marvel that Philadelphia portrays at a high level. A true pillar to anyone's investment portfolio.
The income description goes here to explain
List Price | $2,600,000 |
Property Type | Other |
Usable Sqft | 4,086 |
Number of Stories | 4 stories |
Parking Spots | 0 spots |
Year Built | 1890 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 871006000 |
MLS # | PAPH2180188 |
Property ID | 320500097 |
Lot Sqft | 1,840 |
Zoning | CMX4 |
Total Units | 4 |
Days on Market | 732 |
Original List Price | Unknown |
Date Updated | August 27, 2024 |
Date Created | November 20, 2022 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $188,700 | $0 |
Frank Blumenthal an agent of . Lic #RS290719
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT