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2042 Rittenhouse Square

PHILADELPHIA, PA 19103
  • $950,000
  • STATUS: Active
  • ON SITE: 88 Days
  • ID#: PAPH2397102
Price Reduced
UPDATED: 41 min ago
$950,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,625
    SQFT
  • $362
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

Rare opportunity to own a special property on a most desirable tree-lined block. 2042 Rittenhouse is currently set up as a 3-unit building with first floor commercial office space and two residential apartments on floors 2 and 3. Its flexible CMX-1 zoning offers several potential uses--The property could become (1) a single-family townhome, with superb character and light; (2) a residential multi-unit with an owners residence and one or two income-generating spaces; (3) a fabulous triplex for investors; (4) perfect for multi-generational living; or (5) the perfect live-work space with office space and residential above (with separate entrances for the residential and commercial). This property has by-right roof deck potential either as a south-facing 3rd-floor walk-out or via a 4th-floor pilot house. Opportunity to expand the 3rd floor interior square footage as well. 2042 Rittenhouse has spectacular bones and a deep lot but does need renovation/updating. On one of Center Citys most charming blocks. Convenient to everything. GARAGE PARKING available within one block. NOTE"At buyers option, Commercial Broker has qualified tenant lined up for the 1st floor commercial space. Willing to sign LOI or lease contingent upon acquisition. Contact Listing broker for details and terms.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin & Mike Team of Northrop Realty, A Long & Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-14T07:51:09.36.
www.kmteamrealestate.com/homes/155273598
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2042 Rittenhouse Square PHILADELPHIA, PA 19103

  • Price: $950,000
  • Status: Active
  • On Site: 88 Days
  • Updated: 41 min ago
  • ID#: PAPH2397102
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2,625
SQFT
$362
$/SQFT
1900
Built
Neighborhood:
Rittenhouse Square
County:
Philadelphia
Area:
19103 (19103)
School District:
The School District Of Philadelphia
Property Description
Rare opportunity to own a special property on a most desirable tree-lined block. 2042 Rittenhouse is currently set up as a 3-unit building with first floor commercial office space and two residential apartments on floors 2 and 3. Its flexible CMX-1 zoning offers several potential uses--The property could become (1) a single-family townhome, with superb character and light; (2) a residential multi-unit with an owners residence and one or two income-generating spaces; (3) a fabulous triplex for investors; (4) perfect for multi-generational living; or (5) the perfect live-work space with office space and residential above (with separate entrances for the residential and commercial). This property has by-right roof deck potential either as a south-facing 3rd-floor walk-out or via a 4th-floor pilot house. Opportunity to expand the 3rd floor interior square footage as well. 2042 Rittenhouse has spectacular bones and a deep lot but does need renovation/updating. On one of Center Citys most charming blocks. Convenient to everything. GARAGE PARKING available within one block. NOTE"At buyers option, Commercial Broker has qualified tenant lined up for the 1st floor commercial space. Willing to sign LOI or lease contingent upon acquisition. Contact Listing broker for details and terms.
Exterior Features

Architectural Style Other Construction Materials Masonry Garage YN No Parking Types On Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2625 Basement Partial Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CWall Unit Fireplace YN No Heating Forced AirHot Water Heating YN Yes Inclusions All appliances. Interior Features Store/Office Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Electric Cross Street 20th Foundation Details Concrete Perimeter Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 3 Number Of Units Vacant 3 Original MLSNumber 803361156090 Ownership Interest Fee Simple Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 12915.00 Tax Lot 124 Vacation Rental YN No Water Source Public Zoning CMX1

Listing courtesy of Compass Pennsylvania, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin & Mike Team of Northrop Realty, A Long & Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-14T07:51:09.36.
 
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Kristin & Mike Team of Northrop Realty, A Long & Foster Company
10065 Baltimore National Pike
Ellicott City MD, 21042