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 August 2027 and all utilities included for simplified cash flow. This well-maintained unit features upgraded flooring, oversized windows with unobstructed city views, a functional 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.
146 days
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140
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10
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Zillow last checked:
Listing updated:
Listed by:
Andy Oei215-695-5042,
BHHS Fox & Roach At the Harper, Rittenhouse Square2155460550,
Co-Listing Agent: Liang Chen484-280-4530,
BHHS Fox & Roach At the Harper, Rittenhouse Square
Source: Bright MLS,MLS#: PAPH2592670
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 0
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Basement
Area: 0
Heating
Forced Air, Electric
Cooling
Wall Unit(s), Electric
Appliances
Included: Electric Water Heater
Features
Has basement: No
Has fireplace: No
Interior area
Total structure area: 437
Total interior livable area: 437 sqft
Finished area above ground: 437
Finished area below ground: 0
Property
Parking
Parking features: On Street, Parking Lot, Other
Has uncovered spaces: Yes
Accessibility
Accessibility features: None
Features
Levels: One
Stories: 1
Pool features: None
Details
Additional structures: Above Grade, Below Grade
Parcel number: 888112130
Zoning: CMX4
Special conditions: Standard
Construction
Type & style
Home type: Condo
Architectural style: Contemporary
Property subtype: Condominium
Attached to another structure: Yes
Materials
Masonry
Condition
New construction: No
Year built: 1900
Utilities & green energy
Sewer: Public Septic
Water: Public
Utilities for property: Cable Available
Community & HOA
Community
Condo and coop fee: $495 monthly
Subdivision: Rittenhouse Square
HOA
Has HOA: No
Amenities included: Community Center, Elevator(s), Fitness Center, Meeting Room, Party Room, Security, Other
Services included: A/C unit(s), Air Conditioning, Alarm System, All Ground Fee, Common Area Maintenance, Electricity, Maintenance Structure, Gas, Heat, Management, Pest Control, Sewer, Trash, Water, Other