1324-00 Locust St #1422, Philadelphia, PA 19107
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
1324-00 Locust St #1422,Philadelphia, PA 19107
$100,000
- - Beds
- 1 Baths
- 319 sq. ft.
- Single family
- Active
Listed by: william b spinner, richard m lauletta
Office: real broker, llc.
MLS#:PAPH2541758
Source:BRIGHTMLS
Price summary
- Price:$100,000
- Price per sq. ft.:$313.48
About this home
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....
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Home facts
- Year built:1900
- Listing ID #:PAPH2541758
- Added:182 day(s) ago
- Updated:March 31, 2026 at 01:32 PM
Rooms and interior
- Total bathrooms:1
- Full bathrooms:1
- Kitchen Description:Cooktop, Refrigerator
- Living area:319 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Radiant
Structure and exterior
- Year built:1900
- Building area:319 sq. ft.
- Construction Materials:Masonry
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$100,000
- Price per sq. ft.:$313.48
- Tax amount:$1,287 (2025)
Features and amenities
- Amenities:24 hour security, Desk in Lobby
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