2020 Locust Street Philadelphia, PA $ 2,400,000
2020 Locust Street
$ 2,400,000
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2020 Locust Street

Philadelphia, PA, 19103
$ 2,400,000
Bedrooms-- Baths-- Sq 4,000

Monthly Estimate*

$ 14,973

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Commercial Property for sale in Philadelphia, PA

for $2,400,000. This 4,000 square foot building was built in 1817 on a lot size of 0.03.

2020 Locust Street in Rittenhouse Square represents a generational real estate acquisition opportunity to purchase a blue-chip multifamily building in an irreplaceable location 1.5 blocks to Rittenhouse Square Park the most esteemed neighborhood in Philadelphia, Pennsylvania. This seven (7) unit apartment building is a turnkey investment. The Property consists of 4,000 SF with 1 commercial space, 3 studios, 2 1bds, + 1 2bd with a private rooftop terrace overlooking Rittenhouse Square and Center City. Renovated in 2017 with hardwood floors, contemporary kitchens and baths, laundry, upgraded HVAC + more..

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Commercial Active

Price

$ 2,400,000

Property Type

Commercial

Taxes

$ 15,660

Style

Apartment Building

Lot Size

0.03

Year Built

1817

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2451242

Features
Interior
Heating Fuel Electric
Flooring Hardwood
Hot Water Electric
Total Stories 4
Heating Y/N Y
Central Air Y/N N
Entry Level 1
Number of Elevators 0
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General
Sewer Public Sewer
Heating Other
Cooling Ductless/Mini-Split
Possession Settlement
Roof Flat
Zoning RM1
Construction Materials Masonry
Year Built 1817
View City Park/Greenbelt Panoramic
Property Subtype Five Or More Units
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name RITTENHOUSE SQUARE
Water Access Y/N N
Status ACTIVE
Directions MID BLOCK ON SOUTH SIDE OF LOCUST ST BETWEEN 20TH-21ST STREETS.
City PHILADELPHIA
Number Of Units Total 7
MLS Area 19103 (19103)
Lot Size Units Square Feet
Lot Size Square Feet 1360.00
Tax Annual Amount 15660.0
Property Condition Excellent
Price Per Sq Ft Total AG 600.0
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 162
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 4000.00
Lot Dimensions 1.00 x 1360.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 424860.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2020
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* Excluded Features
List By
Keller Williams Liberty Place

Broker

ryan@agentphl.com

Email

Affordability Calculator

$16,278
Per Month
92%
8%
0%
Monthly Principal & Interest
$14,973
Monthly Property Taxes
$1,305
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/3/2025$2,400,000 Listed Price

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2020 Locust Street, Philadelphia, PA, 19103 is a Commercial Property for sale at $2,400,000 with 4,000 sqft and a lot size of 0.03. 2020 Locust Street was built in 1817. The property's zip code is 19103 which is in Philadelphia, PA