$120,000
FOR SALE2101 Chestnut St #614
Philadelphia, Pa, 19103
MLS #PAPH2599924
Subdivision: Rittenhouse Square
Building: 2101 Chestnut Street
- Beds
1/- Baths
465 sqft
$ 258.06 /sqft
This fully leased studio condominium at Riverwest Condominiums offers a rare blend of immediate income and future flexibility in the heart of Center City. Currently generating $1,400/month with a lease secured through June 2026, the unit provides predictable cash flow from day one. The current tenant is a long-term resident in the building with a strong intention to renew, offering added stability and peace of mind for investors seeking consistent occupancy. At the same time, the upcoming lease end presents a valuable opportunity for future owner-occupantsx2014;whether you're a young professional, student, or medical staff looking to live in a prime location, or an investor evaluating long-term hold potential. Ownership is designed to be simple and cost-efficient, with the condo fee covering all utilities (gas, water, electricity), plus basic cable, building insurance, on-site maintenance, a 24-hour lobby attendant, and a state-of-the-art fitness center. The unit itself is well-maintained and move-in ready, featuring upgraded flooring, oversized windows with abundant natural light and open city views, a functional kitchen with gas cooking, wood cabinetry, refrigerator, and microwave, along with excellent storage including an oversized entry closet and an office space/walk-in closet leading to a refreshed bathroom. Residents enjoy optional on-site parking, a pet-friendly policy, and unbeatable access to everything Center City has to offerx2014;just minutes from dining, shopping, theaters, public transit, major hospitals, and top institutions including University of Pennsylvania, Drexel University, and 30th Street Station. Whether you're looking for a turnkey investment with stable income or a future city residence in a prime location, this property offers the best of bothx2014;income today, flexibility tomorrow, and long-term upside in one of Philadelphiax2019;s most desirable neighborhoods. *Unit is tenant occupied, pictures are from a unit with similar layout&finishes.
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Listing Courtesy of: BHHS Fox Roach The Harper at Rittenhouse Square
