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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. NOTE"”At buyer's option, Commercial Broker has qualified tenant lined up for the 1st floor commercial space. Willing to sign LOI or lease contingent upon acquisition. Contact Listing broker for details and terms.
| DAYS ON MARKET | 65 | LAST UPDATED | 10/29/2024 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | 19103 (19103) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Oct 29, '24 | $1,025,000 |
|---|---|
| Oct 29, '24 - Today | $975,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 19103 (19103) |
| HEAT | Electric, Forced Air, Hot Water, Natural Gas |
| LOT | 1307 sq ft |
| LOT DIMENSIONS | 15.00 x 80.00 |
| SEWER | Public Sewer |
| TAXES | 12091 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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