1108 Locust Street Philadelphia, PA 19107

$1,200,000
0.02
Acres
2,380
SQFT
504
$/SQFT
$1,200,000
2,380   sf
$504 / sf
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Welcome to 1108 Locust Street - An exceptional opportunity to own a beautiful, fully occupied triplex in the heart of Philadelphia's highly sought-after Washington Square West neighborhood. Apartment 1 | First Floor + Partially Finished Basement: Spacious bi-level 1-bedroom, 1.5-bath residence featuring a versatile bonus room—perfect as a home office, den, or guest space. This well-appointed unit offers a modern kitchen and bath. Currently leased for $2,500/month. Apartment 2 | Second Floor: Beautifully renovated 1-bedroom, 1-bath apartment showcasing a contemporary kitchen with a center island, spacious walk-in closet, and a stylish tiled bathroom. Currently leased for $2,000/month. Apartment 3 | Third Floor: Bright and inviting 1-bedroom, 1-bath apartment with a spacious walk-in closet. Currently leased for $2,000/month. Property Highlights: Fully occupied with a current gross monthly rental income of $6,500, separate gas and electric meters, individual water heaters for every apartment, central air conditioning and heating throughout, in-unit washer and dryer in all three apartments, and beautifully, renovated hallway. Prime Washington Square West Location - ideally situated just steps from some of Philadelphia's best cafés, restaurants, boutiques, and neighborhood favorites. Enjoy easy access to Pennsylvania Hospital, Jefferson University Hospital, PATCO, the Broad Street Line, Regional Rail, and multiple bus routes, making commuting throughout the city and beyond incredibly convenient. With modern upgrades, dependable cash flow, and an unbeatable Center City location, 1108 Locust Street presents a wonderful opportunity to own a turnkey, multi-family property in one of Philadelphia's most desirable neighborhoods.

Welcome to 1108 Locust Street - An exceptional opportunity to own a beautiful, fully occupied triplex in the heart of Philadelphia's highly sought-after Washington Square West neighborhood. Apartment 1 | First Floor + Partially Finished Basement: Spacious bi-level 1-bedroom, 1.5-bath residence featuring a versatile bonus room—perfect as a home office, den, or guest space. This well-appointed unit offers a modern kitchen and bath. Currently leased for $2,500/month. Apartment 2 | Second Floor: Beautifully renovated 1-bedroom, 1-bath apartment showcasing a contemporary kitchen with a center island, spacious walk-in closet, and a stylish tiled bathroom. Currently leased for $2,000/month. Apartment 3 | Third Floor: Bright and inviting 1-bedroom, 1-bath apartment with a spacious walk-in closet. Currently leased for $2,000/month. Property Highlights: Fully occupied with a current gross monthly rental income of $6,500, separate gas and electric meters, individual water heaters for every apartment, central air conditioning and heating throughout, in-unit washer and dryer in all three apartments, and beautifully, renovated hallway. Prime Washington Square West Location - ideally situated just steps from some of Philadelphia's best cafés, restaurants, boutiques, and neighborhood favorites. Enjoy easy access to Pennsylvania Hospital, Jefferson University Hospital, PATCO, the Broad Street Line, Regional Rail, and multiple bus routes, making commuting throughout the city and beyond incredibly convenient. With modern upgrades, dependable cash flow, and an unbeatable Center City location, 1108 Locust Street presents a wonderful opportunity to own a turnkey, multi-family property in one of Philadelphia's most desirable neighborhoods.

  • Neighborhood
  • Type
  • County
    Philadelphia
  • Area
    19107
  • Tax Amount
    $10,820
  • Status
    Active
  • Listing #
    PAPH2648290
  • Built
    1920
  • Lot Size
    0.02
  • Listed on site
    40 days
  • Listing Agent Id
    121136564781

Listed by:
EXP Realty, LLC

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Carpet Floors
  • Central Air Conditioning
  • Wood Floors

Style

  • Traditional
  • End Unit

Property History

DateDays AgoEventNew Price
Aug 21, 20263 days agoPrice decreased50,000 (4%)$1,200,000
Jul 15, 20261 mo agoNew on market$1,250,000
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