Bought with Julie Cicali • Real Broker, LLC
$850,000
$950,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
2,625 SqFt
SOLD DATE : 04/02/2025
Key Details
Sold Price $850,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,625 sqft
Price per Sqft $323
MLS Listing ID PAPH2397140
Sold Date 04/02/25
Originating Board BRIGHT
Year Built 1900
Available Date 2024-10-10
Annual Tax Amount $12,091
Tax Year 2025
Lot Size 1,200 Sqft
Acres 0.03
Lot Dimensions 15.00 x 80.00
Property Sub-Type Mixed Use
Property Description
Rare opportunity to own a special property on a most desirable tree-lined block. 2042 Rittenhouse is currently set up as a 3-unit building with first floor commercial office space and two residential apartments on floors 2 and 3. Its flexible CMX-1 zoning offers several potential uses--The property could become (1) a single-family townhome, with superb character and light; (2) a residential multi-unit with an owner's residence and one or two income-generating spaces; (3) a fabulous triplex for investors; (4) perfect for multi-generational living; or (5) the perfect live-work space with office space and residential above (with separate entrances for the residential and commercial). This property has by-right roof deck potential either as a south-facing 3rd-floor walk-out or via a 4th-floor pilot house. Opportunity to expand the 3rd floor interior square footage as well. 2042 Rittenhouse has spectacular bones and a deep lot but does need renovation/updating. On one of Center City's most charming blocks. Convenient to everything. GARAGE PARKING available within one block.
Location
State PA
County Philadelphia
Area 19103 (19103)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Forced Air, Hot Water
Cooling Central A/C
Heat Source Natural Gas, Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Greenfield Albert
Middle Schools Greenfield Albert
School District The School District Of Philadelphia
Others
Tax ID 871500280
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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