2042 Rittenhouse Square, Philadelphia, PA 19103-5621 $975,000
Interior Sq. Ft: 2,625
Acreage: 0.03
Age:124 years
Taxes: $12,915
Subdivision: Rittenhouse Square
Design/Type:
Interior Row/Townhouse
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.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Forced Air Heating, Hot Water Heating, Natural Gas, Central A/C, Wall Unit Cooling, Electric, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
On Street
Interior
Store/Office, Partial
Exterior
Concrete Perimeter Foundation, Masonry
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Public Elementary (134 schools)
Public Middle (22 schools)
Public High (58 schools)
Private (93 schools)
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This report is a detailed community overview for Philadelphia (19103), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 25
- Average salary of people in this community: $96,495
Community Summary
- Population Density (ppl / mile): 37,104
- Household Size (ppl): 1.56
- Households w/ Children: 9%
Housing Inventory
- Owned: 5,030 (28.6%)
- Rented: 10,147 (57.6%)
- Vacant: 2,436 (13.8%)
- Total: 17,613
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 0.9%
- Some High School: 1.8%
- High School Graduate: 6.0%
- Some College: 7.7%
- Associate Degree: 2.0%
- Bachelor's Degree: 37.4%
- Graduate Degree: 44.3%
Income by dollar range
Median Income: $76,103
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $1,311
- One Bedroom: $1,721
- Two Bedroom: $2,361
- Three Bedroom: $2,543
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Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 240-695-3252
Listing Courtesy of: Compass Pennsylvania, LLC , (267) 435-8015, marianne.dillon@compass.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 11/25/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.