Rare opportunity to own a special property on a most desirable tree-lined block. 2042 Rittenhouse is currently set up as a 3-unit building with first floor commercial office space and two residential apartments on floors 2 and 3. Its flexible CMX-1 zoning offers several potential uses--The property could become (1) a single-family townhome, with superb character and light; (2) a residential multi-unit with an owner’s residence and one or two income-generating spaces; (3) a fabulous triplex for investors; (4) perfect for multi-generational living; or (5) the perfect live-work space with office space and residential above (with separate entrances for the residential and commercial). This property has by-right roof deck potential either as a south-facing 3rd-floor walk-out or via a 4th-floor pilot house. Opportunity to expand the 3rd floor interior square footage as well. 2042 Rittenhouse has spectacular bones and a deep lot but does need renovation/updating. On one of Center City’s most charming blocks. Convenient to everything. GARAGE PARKING available within one block. NOTE—At buyer’s option, Commercial Broker has qualified tenant lined up for the 1st floor commercial space. Willing to sign LOI or lease contingent upon acquisition. Contact Listing broker for details and terms.
The income description goes here to explain
List Price | $975,000 |
Property Type | Triplex (3-units) |
Usable Sqft | 2,625 |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1900 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 871500280 |
MLS # | PAPH2397102 |
Property ID | 320854746 |
Lot Sqft | 1,200 |
Zoning | CMX1 |
Total Units | 3 |
Days on Market | 55 |
Original List Price | Unknown |
Date Updated | November 26, 2024 |
Date Created | October 08, 2024 |
Jeffrey Block an agent of . Lic #AB065556
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT