Philadelphia, PA 19103,2042 RITTENHOUSE SQ
Philadelphia, PA 19103,2042 RITTENHOUSE SQ
Philadelphia, PA 19103,2042 RITTENHOUSE SQ
Philadelphia, PA 19103,2042 RITTENHOUSE SQ
Philadelphia, PA 19103,2042 RITTENHOUSE SQ
Philadelphia, PA 19103,2042 RITTENHOUSE SQ
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Listed by Jeffrey Block • Compass Pennsylvania, LLC
Bought with Julie Cicali • Real Broker, LLC

$850,000

$950,000

10.5%
Est.Price: ?

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Est. payment /mo

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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Bright MLS (BMLS)
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