2020 LOCUST ST, Philadelphia, PA 19103
2020 LOCUST ST, Philadelphia, PA 19103
2020 LOCUST ST, Philadelphia, PA 19103
2020 LOCUST ST, Philadelphia, PA 19103
2020 LOCUST ST, Philadelphia, PA 19103
2020 LOCUST ST, Philadelphia, PA 19103
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Stage4 Mem02

Stage4 Mem02

+1(586) 586-5860
$ 2,290,000
Est. payment | /mo

1,360 Sqft Lot

Save
$ 2,290,000
Est. payment | /mo
Save

1,360 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Lot Size 1,360 Sqft

MLS Listing ID PAPH2451242

Subdivision Rittenhouse Square

Total Units 7

Short Sale No

Originating MLS BRIGHT

Available Date 2025-03-09

Property Description

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. PRIME CENTRAL REAL ESTATE. The Property consists of 4,000 SF with 1 commercial space, 3 studios, 2 1bds, + 1 2bd residence 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. 2020 Locust is an irreplaceable commercial real estate investment in the top destination in the world to visit in 2026 (WSJ) — Philadelphia, Pennsylvania. Philly currently ranks as a Top-5 submarket for rent growth, boosted by stable, consistent demand from the "Eds & Meds" economy driven by Chop, Penn, HUP, Drexel, Schuylkill Yards, Science Center, Comcast, Aramark, Jefferson and other world-class employers, health and education systems. Enquire within for rent roll, T12, floorplans.

Location

State PA

County Philadelphia

Area 19103 (19103)

Zoning RM1

Interior

Hot Water Electric

Heating Other

Cooling Ductless/Mini-Split

Flooring Hardwood

Heat Source Electric

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

View City, Park/Greenbelt, Panoramic

Roof Type Flat

Accessibility None

Parking Type None

Building

New Construction N

Lot Dimensions 1.00 x 1360.00

Sewer Public Sewer

Water Public

Schools

School District Philadelphia City

Others

Tax Amount $15,660

Tax Year 2024

Tax ID 881569610

Ownership Fee Simple

Special Sale Standard

Bright MLS (BMLS)
testyfx76
Listed by Ryan McManus • Keller Williams Liberty Place

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Robert Lucido
Robert Lucido

Advisor | yjnn 4444789

+1(347) 903-3026

www.baidu.com

West, Huai'an, CA, 90013, USA

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2020 LOCUST ST