MLS# PAPH2397100 – 2042 Rittenhouse Square, Philadelphia, PA 19103

$975,000 - 4Br/3Ba - for Sale in Rittenhouse Square, Philadelphia

Open House

Sat November 23rd 12:00pm — 1:30pm (1 more…)

Sun November 24th 12:00pm — 2:00pm

Price: $975,000

Beds: 4

Baths: 2 full, 1 half

Living Area SqFt: 2,625

Status: Active

Property Type: Townhouse

Lot Size Acres: 0.03

Lot Size SqFt: 1,306

Year Built: 1900

Neighborhood: Rittenhouse Square

Days on Website: 66

Courtesy of Jeff City Block, Compass Pennsylvania, LLC marianne.dillon@compass.com

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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. 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.