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22176421
22176433

2020 Locust St, Philadelphia, PA 19103

AP
PA Pennsylvania RS316262, NJ NJ 2190813
The Oceanside Realty Team
Listed by The Oceanside Realty Team
$2,290,000
472 days on market
Updated 55 days ago

2020 LOCUST

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,000
Units 7
Occupancy 100%
Price per SqFt $573
Class A
Year Renovated 2017
Buildings 1
Stories 4
Zoning RM1
Investment Type Stabilized

Multifamily | 7 Units | $327,143/unit

Marketing description

2020 Locust Street in Rittenhouse Square represents a generational real estate acquisition opportunity to purchase a blue-chip multifamily building in an irreplaceable location — 1.5 blocks to Rittenhouse Square Park— the most esteemed neighborhood in Philadelphia, Pennsylvania. This seven (7) unit apartment building is a turnkey investment. PRIME CENTRAL REAL ESTATE. The Property consists of 4,000 SF with 1 commercial space, 3 studios, 2 1bds, + 1 2bd residence with a private rooftop terrace overlooking Rittenhouse Square and Center City. Renovated in 2017 with hardwood floors, contemporary kitchens and baths, laundry, upgraded HVAC + more. 2020 Locust is an irreplaceable commercial real estate investment in the top destination in the world to visit in 2026 (WSJ) — Philadelphia, Pennsylvania. Philly currently ranks as a Top-5 submarket for rent growth, boosted by stable, consistent demand from the "Eds & Meds" economy driven by Chop, Penn, HUP, Drexel, Schuylkill Yards, Science Center, Comcast, Aramark, Jefferson and other world-class employers, health and education systems. Enquire within for rent roll, T12, floorplans.

Investment highlights

  • GENERATIONAL REAL ESTATE INVESTMENT OPPORTUNITY
  • BLUE-CHIP APARTMENT BUILDING
  • TOP LOCATION IN PHILLY
  • 1.5 BLOCKS TO RITTENHOUSE SQUARE PARK (HIGH STREET RETAIL & RESTAURANTS)
  • TURNKEY MULTIFAMILY
  • RENOVATED PROPERTY
  • FULLY LEASED

Listing Contacts

AP
PA Pennsylvania RS316262, NJ NJ 2190813
The Oceanside Realty Team
Listed by The Oceanside Realty Team

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Zoning

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RM1 ResidentialMulti FamilyResidential Multifamily
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View all 75 uses
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Last updated Apr 21, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Agent PHL
License
Pennsylvania RS316262
Brokerage Phone
6106061095
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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