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… Read More 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! Read Less
Courtesy of David Scialanca, Coldwell Banker Realty 215-641-2727
Listing Snapshot
Days Online
250
Last Updated
Property Type
Other
Square Ft.
3,400
Lot Size
0.04 Acres
Year Built
1900
MLS Number
PAPH2511720
Additional Details
Basement
Unfinished
Building
Built in 1900, Living area: 3400, 4 stories, Construction Materials: Masonry
Cooling
Central A/C
Accessibility Features
None
Fireplaces
2 fireplaces
Heating
Forced Air
Lot
0.04 acres, Dimensions: 18.00 x 90.00
Parking
Asphalt Driveway, Free, Private
Property
Other structures: Above Grade, Below Grade
Sewer
Public Sewer
Taxes
Annual Amount: $11,920, Lot: 132, Year: 2024, Zoning: RM1, Zoning description: Property is permitted to be used for commercial space on the first floor and 8 units on the additional 3 floors.
Utilities
Water Source: Public
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