Investor Opportunity - Secure immediate and stable rental income with this fully leased studio condo at Riverwest, currently generating $1,400/month with a lease in place through June 2026 and all utilities included for simplified cash flow. This well-maintained unit features upgraded flooring, oversized windows with unobstructed city views, a functional… Read More kitchen with gas range, refrigerator, microwave, and wood cabinetry, plus excellent storage with both an oversized entry closet and a walk-in closet leading to the freshly tiled bathroom with reglazed tub. Ownership is low-maintenance thanks to a condo fee that covers all utilities (gas, water, electricity), basic cable, building insurance, on-site maintenance, a 24-hour lobby attendant, and a state-of-the-art fitness center, with on-site parking also available for an additional fee. The building is pet-friendly and ideally located near restaurants, shopping, theaters, and public transportation, with close access to Penn, Drexel, 30th Street Station, and major hospitals - ensuring strong rental demand and long-term stability. This turnkey condo offers investors an attractive opportunity for consistent cash flow and solid appreciation potential in one of Philadelphia's most desirable urban neighborhoods. *Unit is tenant occupied, pictures are from a unit with similar layout&finishes. Read Less
Courtesy of BHHS Fox & Roach The Harper at Rittenhouse Square
Listing Snapshot
Days Online
5
Last Updated
Property Type
Condominium
Full Baths
1
Square Ft.
437
Year Built
1900
MLS Number
PAPH2535894
30 Days Snapshot Of 19103
$990k
+57%
(avg) sold price
27
-28%
homes sold
49
-47%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
437 sqft living area, 437 sqft above grade (finished), Built in 1900, Structure Type: Unit/Flat/Apartment, 1 unit in building, 1 levels, Contemporary, Masonry
Cooling
Electric, Wall Unit
Heating
Electric, 90% Forced Air
Home Owner's Association
Condo/Coop Association, Condo/Coop Fee : $446, Condo/Coop Fee Freq: Monthly, Community Center, Elevator, Fitness Center, Meeting Room, Party Room, Security, A/C unit(s), Air Conditioning, Alarm System, All Ground Fee, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Management, Pest Control, Sewer, Trash, Water
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