Philadelphia, PA 19107,1324-00 LOCUST ST #1422
Philadelphia, PA 19107,1324-00 LOCUST ST #1422
Philadelphia, PA 19107,1324-00 LOCUST ST #1422
Philadelphia, PA 19107,1324-00 LOCUST ST #1422
Philadelphia, PA 19107,1324-00 LOCUST ST #1422
Philadelphia, PA 19107,1324-00 LOCUST ST #1422
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Listed by William B Spinner • Real Broker, LLC
$ 100,000
Est. payment | /mo

1 Bath

319 SqFt


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$ 100,000
Est. payment | /mo
Save

1 Bath

319 SqFt

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 319 sqft

Price per Sqft $313

Subdivision Center City

MLS Listing ID PAPH2541758

Style Other

Full Baths 1

Condo Fees $520/mo

HOA Y/N N

Abv Grd Liv Area 319

Year Built 1900

Annual Tax Amount $1,287

Tax Year 2025

Lot Dimensions 0.00 x 0.00

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

Investment Opportunity – 1324 Locust St #1422 | The Arts Condominium | Center City Philadelphia

Add a turnkey, low-maintenance asset to your portfolio in the beautifully renovated Arts Condominium, ideally positioned on Philadelphia's iconic Avenue of the Arts. This well-maintained studio condo offers strong rental appeal for medical, university, and Center City professionals seeking convenience, security, and all-in living.

Current income profile: the unit is newly occupied with rent at $980/month + $120 utilities = $1,100/month total collected.

Investors will appreciate one of the building's biggest value drivers: the monthly condo fee includes all utilities and core services, covering electric, gas, water, sewer, heat, A/C, DirectTV, trash removal, pest control, fitness center access, and common area maintenance—simplifying monthly budgeting and enhancing tenant retention.

Inside, the unit features high ceilings, abundant natural light, and sweeping skyline and river views, a combination that consistently performs well in the rental market.

Full-service building amenities support long-term desirability and hands-off ownership, including a newly remodeled Art Deco grand lobby, 24-hour concierge, controlled access, fitness center, laundry facilities, new elevators, and professional on-site management.

Location is the demand engine. The condo sits steps from major employment and education hubs including Jefferson Hospital, Pennsylvania Hospital, Thomas Jefferson University, and the city's arts and entertainment anchors like the Kimmel Center, Merriam Theater, and the Academy of Music, plus quick access to Rittenhouse Square, dining, shopping, and multiple public transit options.

Whether you're targeting stable occupancy, a Center City rental, or a plug-and-play holding, Unit #1422 offers an efficient path to owning in one of Philadelphia's most recognizable buildings. Schedule a private showing today.

Location

State PA

County Philadelphia

Area 19107 (19107)

Zoning CMX5

Interior

Hot Water Natural Gas

Heating Radiant

Cooling Central A/C

Equipment Cooktop, Refrigerator

Furnishings No

Fireplace N

Appliance Cooktop, Refrigerator

Heat Source Other

Laundry Common

Exterior

Amenities Available Bar/Lounge, Elevator, Exercise Room, Fitness Center, Laundry Facilities, Meeting Room

Water Access N

View City

Accessibility Elevator

Garage N

Building

Story 1

Above Ground Finished SqFt 319

Sewer Public Sewer

Water Public

Architectural Style Other

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 High Speed Internet,Electricity,Health Club,Heat,Common Area Maintenance,Trash,Sewer,Water

Senior Community No

Tax ID 888115872

Ownership Condominium

SqFt Source 319

Security Features 24 hour security,Desk in Lobby

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Pets Allowed Pet Addendum/Deposit, Size/Weight Restriction, Number Limit, Breed Restrictions

Bright MLS (BMLS)
Sean Jones

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(540) 360-5166

sean@seanjoneshomes.com

32345 Constitution Hwy, Locust Grove, VA, 22508, USA

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1324-00 LOCUST ST #1422