2047 LOCUST ST, Philadelphia, PA 19103
other
Built in 1900
1,742sqft lot
—— car garage
$——/sqft
Listed 1 day ago
Property Description
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 Status:
- Active
- Listing Office:
- Coldwell Banker Realty : 2156412727
- Listing Agent:
- David Scialanca : 2155820309
- MLS ID:
- PAPH2518152

- A/C: Central A/C
- Heating: Forced AirNatural Gas
- Disability Feature: None
This listing courtesy of David Scialanca, Coldwell Banker Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Albert M. Greenfield School
2200 Chestnut St, Philadelphia, PA, 19103
Grades KG-8
0.20 miles away
Albert M. Greenfield School
2200 Chestnut St, Philadelphia, PA, 19103
Grades KG-8
0.20 miles away
Creative and Performing Arts
901 S Broad St, Philadelphia, PA, 19147
Grades 9-12
0.89 miles away