313 S 18TH STREET, PHILADELPHIA, PA 19103
Listing Presented By
Mallin Panchelli Nadel Realty, Inc
GardnApt,Row/Town/Clu - PHILADELPHIA, PA
Rare opportunity to acquire a double-wide, 7-unit building in the heart of Rittenhouse Square. Originally built circa 1870, the property is listed as a historically contributing building. Renovations have been completed throughout the property over the past 4 years. Units feature new kitchens, hardwood floors, and laundry in each unit. Unit mix consists of (1) studio, (3) 1 bed/ 1 bath units and (3) 1 bed w/ den/ office/ 1 bath units. The majority of the current leases were signed prior to renovations, thus presenting the buyer with an opportunity to raise rents. Many architectural features have been preserved throughout the property, including original craftsmanship and a grand foyer entrance. The property is extremely well located, only one block from Rittenhouse Square Park. Rittenhouse Square is considered one of Philadelphia's most exclusive neighborhoods, with luxurious residences and a bustling commercial corridor, featuring some of the city's best restaurants and nightlife locations.
Built In: 1870
Last Updated: March 30, 2017
Posted: March 30, 2017