2101 CHESTNUT ST #614 new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19103
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 465 sqft
Price per Sqft $298
Subdivision Rittenhouse Square
MLS Listing ID PAPH2535910
Style Contemporary
Full Baths 1
Condo Fees $446/mo
HOA Y/N N
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 condo at Riverwest presents a turnkey investment opportunity, generating $1,400/month in rent with a lease secured through June 2026, offering immediate and predictable income in a high-demand Center City location. With all utilities included in the rent and condo fee—covering gas, water, electricity, basic cable, building insurance, on-site maintenance, a 24-hour lobby attendant, and a state-of-the-art fitness center—ownership is simple, low-maintenance, and cost-efficient. The unit itself is updated and well maintained, featuring upgraded flooring, oversized windows with abundant natural light and unobstructed city views, a practical kitchen with gas cooking, wood cabinetry, refrigerator, and microwave, plus excellent storage with both an oversized entry closet and a walk-in closet that leads to the refreshed bathroom. Optional on-site parking, a pet-friendly policy, and the building's proximity to restaurants, shopping, theaters, transit, Penn, Drexel, 30th Street Station, and major hospitals drive consistent rental demand from professionals, students, and medical staff, making this a rare chance to secure a stable, fully rented, income-producing property with strong long-term appreciation potential 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
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
Building
Story 1
Unit Features Hi-Rise 9+ Floors
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories 1
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
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,Other
Senior Community No
Tax ID 888111902
Ownership Condominium
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 Number Limit,Size/Weight Restriction,Cats OK,Dogs OK,Case by Case Basis