Price Reduction
Address
112 S 20Th Street, Philadelphia, PA
Price
$ 2,600,000
Property Attributes
- MLS#PAPH2180188
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19103
- NeighborhoodRittenhouse Square
- Zip19103
- StyleUnit/Flat
- Year Built1890
- Taxes$ 14465
- Price$ 2,600,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,742 SqFt
Data Source:
Bright MLS
Property Description
Rare to market, this investment opportunity affords today's most savvy investor an incredible slice of heaven in one of the most sought after locations in the city. This magnificent building is ideally located right by Rittenhouse Square on a highly desirable block with all the amenities anyone could ask for. This building has undergone an extensive renovation for a long term medical tenant which has a 2 story medical office, that was painstakingly updated top to bottom. High ceilings, hardwood flooing, updated plumbing and electtrical. The old world charm meeting with today's modern amenitites has been meticulously combined and affords plenty of street exposure and natural lighting. In addition to the medical practice, there are additional apartments as well. There are 4 units, compiling of 3 one bedroom apartments and a two story penthouse with 2 bedrooms. This building brings in about $188,000 in annual inome. Utiliites have been separated out, long term tenants in excess of 10 years for some. This building exemplifies the beauty and archittectural marvel that Philadelphia portrays at a high level. A true pillar to anyone's investment portfolio.
| Price History | |
|---|---|
| 11/21/2022 | Listed $2,900,000 |
| 3/15/2023 | 4% - $2,800,000 |
| 4/4/2024 | 4% - $2,700,000 |
| 4/16/2024 | 4% - $2,600,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | 90% Forced Air |
| Cooling | Central A/C |
| Utilities | Cable TV,Electric Available,Natural Gas Available,Sewer Available,Water Available |
| Possession | Negotiable |
| Zoning | CMX4 |
| Pool Y/N | No Pool |
| Architectural Style | Other,Unit/Flat |
| Construction Materials | Masonry,Brick |
| Year Built | 1890 |
| Property SubType | Other |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Natural Gas |
| OwnerPays | Water |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | RITTENHOUSE SQUARE |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | Chestnut St to S 20th St |
| ModificationTimestamp | 2024-04-16T13:23:27 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| Total Units | 4 |
| MLS Area | 19103 (19103) |
| Lot Size Square Feet | 1840.00 |
| Tax Assessed Value | 1033400.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 4 |
| Street Name | 20TH |
| Tax Annual Amount | 14465.0 |
| Two Bedroom | 1 |
| Structure Type | Over Storefront |
| One Bedroom Units Count | 3 |
| Price Per Sq Ft | 791.24 |
| Vacation Rental Y/N | No |
| Total SQFT | 4086 |
| Days on Market | 527 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 256 |
| Total Actual Rent | 188700.00 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Total Stories | 4 |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | All appliances in AS-IS condition outside of tenant owned posessions. |
| Type of Parking | On Street |
| Land Use Code | Y70 |
| Water View Y/N | No |
| Lot Dimensions | 23.00 x 80.00 |
| Lot Size Acres | 0.04 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 206680.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19103
Price
Taxes
Visits
Year Built
Walkscore
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