2300 LOCUST ST new to site

Philadelphia,PA 19103

$ 1700000

- Bed

- Bath

7050 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,050 sqft

Price per Sqft $241

MLS Listing ID PAPH2415556

Originating Board BRIGHT

Year Built 1883

Annual Tax Amount $25,724

Tax Year 2024

Property Description

2300 Locust St is a five-unit multifamily asset located at 23rd & Locust Street in Philadelphia's renowned Fitler Square neighborhood.

Located in the charming neighborhood of Fitler Square, 2300 Locust Street is a historic building that exudes character and charm. This 7,050-square-foot, four-story property features five two-bedroom, two-bathroom units. Each apartment boasts distinctive architectural details as well as high ceilings, hardwood flooring, central air, and large windows that allow natural light to flood the interiors. Select units also have bi-level layouts that add to the appeal, creating an open atmosphere.

The property is designed for flexibility for the potential buyer, with each unit recorded as an individual condo and separately metered. This setup offers the opportunity to maintain the property as an apartment building or to sell the units as single-family homes, catering to a variety of investment and residential preferences.

2300 Locust Street is ideally situated at the corner of 23rd & Locust Streets, offering unparalleled access to some of Philadelphia's finest restaurants and dining experiences. The property is just two blocks from the Schuylkill River Park, providing residents with easy access to one of the city's most popular trails for jogging, biking, and walking. Additionally, the property's prime location offers convenient access to Center City, making it ideal for professionals seeking proximity to Philadelphia's business district. The neighborhood's close proximity to major universities such as the University of Pennsylvania and Drexel University also makes it an attractive option for students and faculty, offering a perfect blend of urban living and accessibility to educational institutions.

Location

State PA

County Philadelphia

Area 19103 (19103)

Zoning RM-1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Wood

Heat Source Electric

Exterior

Waterfront N

Water Access N

Roof Type Flat

Accessibility None

Parking Type Other

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 888102501

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash,Conventional,Negotiable

Listing Terms Cash,Conventional,Negotiable

Financing Cash,Conventional,Negotiable

Special Listing Condition Standard

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