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Investment opportunity with excellent passive income that has been tastefully renovated and well maintained. A multi-unit building in prime Rittenhouse Square, Philadelphia zoned CMX5. Fully occupied with 4 apartments and one flagship retail tenant who has approximately nine years remaining on a recently extended lease. Total Operating Revenue Annually:$251,032 Total Operating Expenses Annually: $49,103 Total NET OPERATING INCOME: $201,930
| DAYS ON MARKET | 1 | LAST UPDATED | 6/17/2025 |
|---|---|---|---|
| TRACT | RITTENHOUSE SQUARE | YEAR BUILT | 1900 |
| COMMUNITY | 19103 (19103) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19103 (19103) |
| HEAT | Central, Natural Gas |
| LOT | 2178 sq ft |
| LOT DIMENSIONS | 20.00 x 100.00 |
| PARKING | None |
| STORIES | 4 |
| SUBDIVISION | RITTENHOUSE SQUARE |
| TAXES | 18901 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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