Description
Rare Investment Opportunity in Rittenhouse SquareExceptional chance to own a historically zoned multi-family property in one of Philadelphias most coveted neighborhoods. This legal six-unit building offers the potential for a seventh unit with a variance, presenting an excellent value-add opportunity for investors.Currently, two units are tenant-occupied, allowing flexibility for renovation or lease-up strategies. The property showcases timeless architectural details, including 20-foot ceilings on the first floor, original crown moldings, and 8-inch wainscoting along the hallways.The buildings layout includes:First Floor: Front one-bedroom and rear two-bedroom apartmentsSecond Floor: Rear one-bedroom with private patio and front one-bedroom apartmentThird Floor: Rear duplex with deck and front one-bedroom apartmentFourth Floor: Full-floor one-bedroom apartmentAdditional highlights include a fenced parking space at the rear of the property.A rare find in Rittenhouse Square"ideal for investors seeking long-term appreciation, value-add potential, and prime Center City location.
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Description
Rare Investment Opportunity in Rittenhouse SquareExceptional chance to own a historically zoned multi-family property in one of Philadelphias most coveted neighborhoods. This legal six-unit building offers the potential for a seventh unit with a variance, presenting an excellent value-add opportunity for investors.Currently, two units are tenant-occupied, allowing flexibility for renovation or lease-up strategies. The property showcases timeless architectural details, including 20-foot ceilings on the first floor, original crown moldings, and 8-inch wainscoting along the hallways.The buildings layout includes:First Floor: Front one-bedroom and rear two-bedroom apartmentsSecond Floor: Rear one-bedroom with private patio and front one-bedroom apartmentThird Floor: Rear duplex with deck and front one-bedroom apartmentFourth Floor: Full-floor one-bedroom apartmentAdditional highlights include a fenced parking space at the rear of the property.A rare find in Rittenhouse Square"ideal for investors seeking long-term appreciation, value-add potential, and prime Center City location.
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