2042 Rittenhouse Sq

$950,000

2042 Rittenhouse Sq, Philadelphia, Pa 19103

For Sale

Mixed Use

Active

Last Updated: 02/05/2025

Details:

Building Size: 2,625 sqft

Year Built: 1900

Price Per Sqft: $361.90

Zoning: CMX1

Offered by Realtor

Jeffrey Block

Associate Broker, Esquire

City Block Team/ Compass

#AB065556

Request Info to Unlock

Highlights:

Days on Market: 92
Heating: Forced Air, Hot Water

Description:

Rare opportunity to own a special property on a most desirable tree-lined block. 2042 Rittenhouse is currently set up as a 3-unit building with first floor commercial office space and two residential apartments on floors 2 and 3. Its flexible CMX-1 zoning offers several potential uses--The property could become (1) a single-family townhome, with superb character and light; (2) a residential multi-unit with an owner’s residence and one or two income-generating spaces; (3) a fabulous triplex for investors; (4) perfect for multi-generational living; or (5) the perfect live-work space with office space and residential above (with separate entrances for the residential and commercial). This property has by-right roof deck potential either as a south-facing 3rd-floor walk-out or via a 4th-floor pilot house. Opportunity to expand the 3rd floor interior square footage as well. 2042 Rittenhouse has spectacular bones and a deep lot but does need renovation/updating. On one of Center City’s most charming blocks. Convenient to everything. GARAGE PARKING available within one block.