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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.

Source: BRIGHT MLS, MLS#: PAPH2454236

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  • Property Type
    Residential Income
  • Lot
    0.03 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2020 LOCUST STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/27/2026Source: BRIGHT MLS Price Reduction
$2,290,000 -1.7%
4/27/2026Source: BRIGHT MLS Price Reduction
$2,290,000 -1.7%
1/8/2026Source: BRIGHT MLS Price Reduction
$2,330,000 -2.9%
1/8/2026Source: BRIGHT MLS Price Reduction
$2,330,000 -2.9%
3/7/2025Source: BRIGHT MLS Added to Database
March 07, 2025
3/6/2025Source: BRIGHT MLS Status Change
ACTIVE
3/2/2025Source: BRIGHT MLS Added to Database
March 02, 2025
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 13, 2021
Listing provided courtesy of Keller Williams Liberty Place- MLS# PAPH2454236MLS ProviderContact Information: [email protected] - 6093995454