$2,400,000

Estimated payment $14,382/month

Total Views 5,287
-- Bed
-- Bath
4,008 Sq Ft
$599 Price per Sq Ft

Highlights

  • Panoramic View
  • Wood Flooring
  • Heating Available
  • Straight Thru Architecture
  • Property is in excellent condition

About This Home

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. The Property consists of 4,000 SF with 1 commercial space, 3 studios, 2 1bds, + 1 2bd 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..

Listing Agent

Ryan McManus

Keller Williams Liberty Place Listed on: 03/07/2025

Co-Listing Agent

Brandon Ribeiro

Keller Williams Liberty Place

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,660

Year Built

  • Built in 1817 | Remodeled in 2017

Lot Details

  • 1,360 Sq Ft Lot
  • Lot Dimensions are 1.00 x 1360.00
  • Property is in excellent condition

Property Views

  • Panoramic
  • City
  • Park or Greenbelt

Home Design

  • Straight Thru Architecture
  • Flat Roof Shape
  • Masonry

Interior Spaces

  • 4,008 Sq Ft Home
  • Wood Flooring

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Electric Water Heater

Community Details

  • 4 Units
  • 4-Story Building
  • Rittenhouse Square Subdivision

Listing and Financial Details

  • Tax Lot 162
  • Assessor Parcel Number 881569610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,660

Year Built

Built in 1817 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1817
  • Year Renovated: 2017
  • Remarks Public: 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. The Property consists of 4,000 SF with 1 commercial space, 3 studios, 2 1bds, + 1 2bd 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..
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Hardwood
  • Total Sq Ft: 4008
  • Living Area Sq Ft: 4008
  • Price Per Sq Ft: 598.80
  • Above Grade Finished Sq Ft: 4008
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2020

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry
  • Roof: Flat
  • View: City, Park/Greenbelt, Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: CA0
  • Lot Size Acres: 0.03
  • Lot Dimensions: 1.00 x 1360.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1360.00
  • Property Condition: Excellent
  • Year Assessed: 2025
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 8770.00
  • Tax Annual Amount: 15660.00
  • Assessor Parcel Number: 881569610
  • Tax Lot: 162
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 For Sale $2,400,000 +6.7% $599 / Sq Ft
11/17/2020 11/17/20 Sold $2,250,000 0.0% $518 / Sq Ft
11/09/2020 11/09/20 Off Market $2,250,000 -- --
11/07/2020 11/07/20 For Sale $2,250,000 0.0% $518 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $2,250,000 +125.0% $518 / Sq Ft
05/02/2013 05/02/13 Sold $1,000,000 -14.9% $250 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $1,175,000 -- $293 / Sq Ft
Source: Bright MLS

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Source: Bright MLS

MLS Number: PAPH2454236

Bright MLS