This fully leased studio condo at Riverwest presents a turnkey investment opportunity, generating $1,400/month in rent with a lease secured through June 2026, offering immediate and predictable income in a high-demand Center City location. With all utilities included in the rent and condo fee - covering gas, water, electricity, basic… Read More cable, building insurance, on-site maintenance, a 24-hour lobby attendant, and a state-of-the-art fitness center - ownership is simple, low-maintenance, and cost-efficient. The unit itself is updated and well maintained, featuring upgraded flooring, oversized windows with abundant natural light and unobstructed city views, a practical kitchen with gas cooking, wood cabinetry, refrigerator, and microwave, plus excellent storage with both an oversized entry closet and a walk-in closet that leads to the refreshed bathroom. Optional on-site parking, a pet-friendly policy, and the building's proximity to restaurants, shopping, theaters, transit, Penn, Drexel, 30th Street Station, and major hospitals drive consistent rental demand from professionals, students, and medical staff, making this a rare chance to secure a stable, fully rented, income-producing property with strong long-term appreciation potential in one of Philadelphia's most desirable neighborhoods. *Unit is tenant occupied, pictures are from a unit with similar layout&finishes. Read Less
Courtesy of Andy Oei, BHHS Fox & Roach The Harper at Rittenhouse Square [email protected]
Listing Snapshot
Days Online
6
Last Updated
Property Type
Condominium
Full Baths
1
Square Ft.
465
Year Built
1900
MLS Number
PAPH2535910
Additional Details
Building
465 sqft living area, 465 sqft above grade (finished), Built in 1900, Structure Type: Unit/Flat/Apartment, 1 levels, Contemporary, Masonry
Cooling
Electric, Wall Unit
Heating
Electric, Wall Unit, Forced Air
Home Owner's Association
Condo/Coop Association, Condo/Coop Fee : $446, Condo/Coop Fee Freq: Monthly, Community Center, Elevator, Exercise Room, Fitness Center, Laundry Facilities, Meeting Room, Party Room, Security, Beauty Salon, Common Grounds, A/C unit(s), Common Area Maintenance, Air Conditioning, Ext Bldg Maint, Gas, Heat, Management, Sewer, Trash, Water
Laundry
Common, Main Floor
Lot
Lot Size Dimensions: 0.00 x 0.00
Property
Other Structures: Above Grade, Below Grade
Sewer
Public Sewer
Taxes
Tax Annual Amount: $2,081, Tax Year: 2025
Utilities
Hot Water: Natural Gas
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