Property Description

Exceptional opportunity to own a spacious studio in one of Center City’s best-value condominium buildings, just a few blocks from Rittenhouse Square! Whether you’re looking for a turnkey investment with immediate rental income or a future city residence, this versatile property offers outstanding flexibility. The unit is currently leased through summer 2027 at $1,300/month to a quality tenant, providing immediate cash flow for investors. Alternatively, with advance notice, the current lease arrangement may be modified, allowing the property to be delivered vacant for buyers who wish to occupy the home themselves. Larger than many comparable studio layouts in the building, this bright and well-maintained unit features oversized windows with an attractive open view, abundant natural light, hardwood floors, an updated bathroom, and tasteful improvements throughout. The functional kitchen offers warm wood cabinetry, a gas range, and ample storage, creating a comfortable and efficient living space. One of the greatest advantages of this building is its exceptional value. The monthly condo fee includes ALL utilities—gas, electricity, water, basic cable, building insurance, fitness center access, 24-hour front desk, package room, and on-site maintenance—making ownership simple, predictable, and highly attractive for both residents and investors. On-site parking is also available for an additional monthly fee. The unbeatable Rittenhouse Square location continues to attract strong rental demand from young professionals, graduate students, medical professionals, and employees of nearby hospitals, universities, and Center City businesses. Residents enjoy easy access to UPenn, Drexel, Penn Medicine, CHOP, Jefferson, 30th Street Station, public transportation, world-class dining, shopping, and Philadelphia’s vibrant cultural scene. Whether you’re adding a low-maintenance, income-producing property to your portfolio or searching for an affordable home in one of Philadelphia’s most desirable neighborhoods, this is an opportunity you won’t want to miss.

Property Features

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