1108 Locust St, Philadelphia, PA 19107

Property Description

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.