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Rittenhouse Square Multifamily Investment

2020 Locust Street Philadelphia, PA 19103

2020 Locust Street, Philadelphia, PA, 19103
$2,290,000
For Sale
$2,290,000

Turnkey seven-unit apartment building in Philadelphia's esteemed Rittenhouse Square.

Property Size4,008 SF
Price / SF$571.36
Days on Market563

Property Features for 2020 Locust Street

General Information

Standard status
Active
Size
4,008 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1889
Listing Agency Compass Pennsylvania, LLC
Listed by Ryan J McManus · License #RS316262
Source Compass
Added: Jan 1, 2025 Checked: Jul 17 at 5:34 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Pennsylvania, LLC


Investment Insights

Based on property information with market context.

Located 1.5 blocks from Rittenhouse Square Park, 2020 Locust Street offers a multifamily investment opportunity in Philadelphia, Pennsylvania. This seven-unit apartment building features 4,000 square feet of space. The property includes one commercial space, three studio apartments, two one-bedroom apartments, and one two-bedroom apartment with a private rooftop terrace that overlooks Rittenhouse Square and Center City. The building was renovated in 2017 and features hardwood floors, contemporary kitchens and baths, laundry facilities, and upgraded HVAC systems. The property is located in the 19103 MLS area and the Philadelphia City School District.

Key Highlights

  • Irreplaceable location: Just 1.5 blocks to Rittenhouse Square Park.
  • Turnkey investment property featuring seven (7) units.
  • Includes a 2‑bedroom unit with a private rooftop terrace overlooking Rittenhouse Square and Center City.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Skin House Facial ... Spa & Massage Center fast finger KEYBOARD Tech Support Center

Suggested Use

(Bike/Boat/Book/etc) Store Electrical Service Tanning Salon Clothing & Fashion Store Tattoo & Piercing Shop Butcher Florist Home Appliance Store Adult Day Care Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Turnkey seven-unit apartment building in Philadelphia's esteemed Rittenhouse Square.
Where is this apartment building located?
The property is located at 2020 Locust Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,290,000.
What are key features of this property?
This property features: Irreplaceable location: Just 1.5 blocks to Rittenhouse Square Park.; Turnkey investment property featuring seven (7) units.; Includes a 2‑bedroom unit with a private rooftop terrace overlooking Rittenhouse Square and Center City.
Contact an agent
More about this property
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