Bought with Griffin Ford Cohen • KW Empower
For more information regarding the value of a property, please contact us for a free consultation.
2101 CHESTNUT ST #614 Philadelphia, PA 19103
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $120,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 465 sqft
Price per Sqft $258
Subdivision Rittenhouse Square
MLS Listing ID PAPH2599924
Sold Date 07/31/26
Style Contemporary
Full Baths 1
Condo Fees $494/mo
HOA Y/N N
Abv Grd Liv Area 465
Year Built 1900
Annual Tax Amount $2,081
Tax Year 2025
Lot Dimensions 0.00 x 0.00
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
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-occupants—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 offer—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 both—income today, flexibility tomorrow, and long-term upside in one of Philadelphia's most desirable neighborhoods. *Unit is tenant occupied, pictures are from a unit with similar layout&finishes.
Location
State PA
County Philadelphia
Area 19103 (19103)
Zoning CMX4
Interior
Hot Water Natural Gas
Heating Wall Unit, Forced Air, Other
Cooling Wall Unit
Fireplace N
Heat Source Electric
Laundry Common, Main Floor
Exterior
Amenities Available Community Center, Elevator, Exercise Room, Fitness Center, Laundry Facilities, Meeting Room, Party Room, Security, Beauty Salon, Common Grounds, Other
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Story 1
Unit Features Hi-Rise 9+ Floors
Above Ground Finished SqFt 465
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Pets Allowed Y
HOA Fee Include A/C unit(s),Common Area Maintenance,Air Conditioning,Ext Bldg Maint,Gas,Heat,Management,Sewer,Trash,Water,Electricity,Other
Senior Community No
Tax ID 888111902
Ownership Condominium
SqFt Source 465
Security Features 24 hour security,Carbon Monoxide Detector(s),Desk in Lobby,Exterior Cameras,Fire Detection System,Main Entrance Lock,Monitored,Resident Manager,Security System,Smoke Detector
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK, Case by Case Basis
Read Less

NEARBY SCHOOLS & BUSINESSES
GET MORE INFORMATION


