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Rare Investment Opportunity in Rittenhouse Square Exceptional chance to own a historically zoned multi-family property in one of Philadelphia's most coveted neighborhoods. This legal six-unit building offers the potential for a seventh unit with a variance, presenting an excellent value-add opportunity for investors. Currently, two units are tenant-occupied, allowing flexibility for renovation or lease-up strategies. The property showcases timeless architectural details, including 20-foot ceilings on the first floor, original crown moldings, and 8-inch wainscoting along the hallways. The building's layout includes: First Floor: Front one-bedroom and rear two-bedroom apartments Second Floor: Rear one-bedroom with private patio and front one-bedroom apartment Third Floor: Rear duplex with deck and front one-bedroom apartment Fourth Floor: Full-floor one-bedroom apartment Additional highlights include a fenced parking space at the rear of the property. A rare find in Rittenhouse Square"”ideal for investors seeking long-term appreciation, value-add potential, and prime Center City location.
| DAYS ON MARKET | 44 | LAST UPDATED | 1/18/2026 |
|---|---|---|---|
| YEAR BUILT | 1890 | COMMUNITY | 19102 (19102) |
| COUNTY | PHILADELPHIA | STATUS | Pending |
| PROPERTY TYPE(S) | Commercial |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19102 (19102) |
| CONSTRUCTION | Stone |
| HEAT | Central, Natural Gas |
| LOT | 2614 sq ft |
| LOT DIMENSIONS | 20.00 x 130.00 |
| PARKING | Driveway |
| SEWER | Septic Tank |
| STORIES | 5 |
| TAXES | 16051 |
| UTILITIES | Natural Gas Available |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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