Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    3400.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Asphalt, Private, Parking Lot

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Converted Dwelling, Other

Price

  • Sales Price

    $1,875,000

  • Tax Amount

    11920.0

  • Zoning

    Property is permitted to be used for commercial space on the first floor and 8 units on the additional 3 floors.

  • Sq. Footage

    3, 400

  • Price/SqFt

    $551

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    4

  • Sewer

    Public Sewer

  • Tax Lot

    132

  • Water Source

    Public

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PHILADELPHIA

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Listing Courtesy of David Scialanca , Coldwell Banker Realty

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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!

2047 LOCUST STREET

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