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Request Info$2,290,000
ACTIVE
2020 LOCUST STREET Overview
- Time on Site:
- 480 days
- Visits:
- 14
2020 Locust Street in Rittenhouse Square represents a generational real estate acquisition opportunity to purchase a blue-chip multifamily building in an irreplaceable location — 1.5 blocks to Rittenhouse Square Park— the most esteemed neighborhood in Philadelphia, Pennsylvania. This seven (7) unit apartment building is a turnkey investment. PRIME CENTRAL REAL ESTATE. The Property consists of 4,000 SF with 1 commercial space, 3 studios, 2 1bds, + 1 2bd residence with a private rooftop terrace overlooking Rittenhouse Square and Center City. Renovated in 2017 with hardwood floors, contemporary kitchens and baths, laundry, upgraded HVAC + more. 2020 Locust is an irreplaceable commercial real estate investment in the top destination in the world to visit in 2026 (WSJ) — Philadelphia, Pennsylvania. Philly currently ranks as a Top-5 submarket for rent growth, boosted by stable, consistent demand from the Eds & Meds economy driven by Chop, Penn, HUP, Drexel, Schuylkill Yards, Science Center, Comcast, Aramark, Jefferson and other world-class employers, health and education systems. Enquire within for rent roll, T12, floorplans.
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2020 LOCUST STREET Facts & Features
- Type Multi-Family
- Sq. ft. 4,008
- Price/Sq.ft. $571
- Lot 0.03 Acres
Details
General
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 4008
- Year Built: 1817
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19103 (19103)
- Subdivision Name: RITTENHOUSE SQUARE
Parking Information
- Total Parking Spaces: 0
- Type of Parking: None
Tax Information
- City/Town Tax: 6890.00
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- School Tax: 8770.00
- Tax Annual Amount: $15,660.00
- Tax Assessed Value: 1118798.00
- Tax Year: 2024
General Information
- Property Condition: Excellent
- Property Sub Type: Other
- Property Type: Multi-Family
- School District Name: PHILADELPHIA CITY
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2025
- Zoning: RM1
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Electric
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Other
Building Interior
- Above Grade Finished Area: 4008
- Above Grade Finished Area Source: Estimated
- Above Grade Finished Area Units: Square Feet
- Central Air: No
- Elevators Count: 0
- Hot Water: Electric
General Information
- Accessibility Features: None
- Cooling: Ductless/Mini-Split
- Flooring: Hardwood
- Living Area: 4008
- Living Area Source: Estimated
- Stories Total: 4
Unit Information
- One Bedroom Units Count: 2
- Single Room Units Count: 1
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 1
Exterior
Lot Information
- Lot Dimensions Source: Estimated
- Lot Size Dimensions: 1.00 x 1360.00
- Lot Size Source: Estimated
- Lot Size Square Feet: 1360.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- View: City, Park/Greenbelt, Panoramic
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Straight Thru
- Construction Materials: Masonry
- Roof: Flat
General Information
- Number Of Units Total: 4
- Other Structures: Above Grade
- Sewer: Public Sewer
- Water Access: No
2020 LOCUST STREET Neighborhood
Community
19103 (PHILADELPHIA) Demographics
35
Median Age
38,482
Population Density (per sq. mile)
85%
College Educated
$79,110
Estimated Median Income
4,567
Estimated Total Home Owners
11,198
Estimated Total Renters
29% / 71%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
2020 LOCUST STREET Monthly Cost
2020 LOCUST STREET Market Data
Based on the last 30 days in this zip code
$1,097,330
Average List Price
$303
Average Price per Square Foot
45
Properties Sold
137
Average Days on Market
255
Properties for Sale
2020 LOCUST STREET History
| Date | Value | Agent |
|---|---|---|
| 4/27/2026Source: BRIGHT MLS | $2,290,000 -1.7% |
|
| 4/27/2026Source: BRIGHT MLS | $2,290,000 -1.7% |
|
| 1/8/2026Source: BRIGHT MLS | $2,330,000 -2.9% |
|
| 1/8/2026Source: BRIGHT MLS | $2,330,000 -2.9% |
|
| 3/7/2025Source: BRIGHT MLS | March 07, 2025 |
|
| 3/6/2025Source: BRIGHT MLS | ACTIVE |
|
| 3/2/2025Source: BRIGHT MLS | March 02, 2025 |
|
| 12/3/2024Source: BRIGHT MLS | August 10, 2021 |
|
| 12/3/2024Source: BRIGHT MLS | August 13, 2021 |
Listing provided courtesy of Keller Williams Liberty Place- MLS# PAPH2454236
Contact Information: [email protected] - 6093995454
Contact Information: [email protected] - 6093995454