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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.
| DAYS ON MARKET | 3 | LAST UPDATED | 8/24/2026 |
|---|---|---|---|
| TRACT | RITTENHOUSE SQUARE | YEAR BUILT | 1900 |
| COMMUNITY | 19103 (19103) | COUNTY | PHILADELPHIA |
| STATUS | Conditional | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Electricity, Gas, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Sewer, Trash, Water |
| APPLIANCES | Electric Water Heater |
| AREA | 19103 (19103) |
| HEAT | Electric, Forced Air |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | On Street, Parking Lot, Other |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Contemporary |
| SUBDIVISION | RITTENHOUSE SQUARE |
| TAXES | 1975 |
| UTILITIES | Cable Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by BHHS Fox & Roach The Harper at Rittenhouse Square
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Data last updated: 8/27/26 5:20 AM PDT
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