2047 Locust St

Philadelphia, PA 19103
  • $1,875,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 3,400

    SqFt

About the Listing CBPREBB - 3128339

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 Philadelphia’s most sought-after neighborhoods, this RM1-zoned gem offers exceptional versatility and investment potential. Whether you're 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 you’ll find an attorney’s 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, you’ll 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! Don’t miss this rare opportunity to own a piece of Philadelphia history with this truly flexible and income-producing property in one of Philadelphia’s most prestigious locations!

Listing Highlights

Status Pending
Days on Site 373
Property Type Commercial Sale
MLS ® PAPH2518152
Year Built 1900
Total Square Footage 3,400
Lot/Acreage 0.04
County Philadelphia
School District Philadelphia City

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central A/C
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Parking Spaces: 3
  • Lot Dimensions: 18.00 x 90.00
  • Zoning: RM1
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Paved Parking,Private,Parking Lot,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $11,920
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

2047 Locust St Philadelphia, PA 19103

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: BRIGHT_MAIN

Agent profile image in chat bubble
Agent profile image in chat header

Sarah Forti

Realtor and Team Owner of Forti Homes | Forti Homes | KW Devon Wayne

Agent profile image in message

or another way