Property

Philadelphia, PA 19107 1324 Locust Street # 1422

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Presented By: Real Broker, LLC
  • MLS# PAPH2541758
  • 09/29/2025
  • Request Tour
  • Request Info
  • Baths • 1
  • SQFT • 319

Home Details

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 Philadelphias 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 buildings 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 maintenancesimplifying 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 citys 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 youre targeting stable occupancy, a Center City rental, or a plug-and-play holding, Unit #1422 offers an efficient path to owning in one of Philadelphias most recognizable buildings. Schedule a private showing today.
Presented By: Real Broker, LLC

Interior Features for 1324 Locust Street # 1422

Bedrooms

Main Level Bedrooms0
Total Bedrooms

Bathrooms

Total Baths1

Other Interior Features

LivingAreaSourceAssessor
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area319
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
Basement (Y/N)No
Below Grade Finished Area
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelOther
Heating Y/NYes
Hot WaterNatural Gas
Laundry TypeCommon

General for 1324 Locust Street # 1422

Acceptable FinancingCash, Conventional
AccessibilityElevator
AppliancesCooktop, Refrigerator
Architectural StyleOther
Association AmenitiesBar/Lounge, Elevator, Exercise Room, Fitness Center, Laundry Facilities, Meeting Room
Association Fee IncludesHigh Speed Internet, Electricity, Health Club, Heat, Common Area Maintenance, Trash, Sewer, Water
Association NameTHE ARTS CONDOMINIUM
Bathrooms Count Main Level1.00
Bathrooms Full Main Level1
Building NameTHE ARTS CONDOMINIUM
CityPHILADELPHIA
Condo/Coop Association fee Y/NYes
Construction MaterialsMasonry
Cool FuelNone
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsUse GPS
DisclosuresProp Disclosure
Full Baths1
Garage Y/NNo
HOANo
HOA Fee 2520.01
HOA Fee 2 FrequencyMonthly
HeatingRadiant
Levels1
Living Area319
MLS Area19107 (19107)
MunicipalityPHILADELPHIA
New ConstructionNo
Other Fees350.00
Other Fees FrequencyOne Time
Other StructuresAbove Grade, Below Grade
OwnershipCondominium
Possession0-30 Days CD, 120-180 Days, 31-60 Days CD, 61-90 Days CD, 90-120 Days CD
Price Per Sq Ft Total AG313.48
Property TypeResidential
School DistrictPHILADELPHIA CITY
Security Features24 hour security, Desk in Lobby
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeOther
Subdivision NameCENTER CITY
Tax Annual Amount1287.0
Tax Assessed Value92000.0
Tax Lot582
Tax Year2025
Total SQFT319
TransportationAirport less than 10 miles, Bus Stop less than 1 mile
Unit Number1422
Vacation Rental Y/NNo
ViewCity
Water Access Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningCMX5

Exterior for 1324 Locust Street # 1422

Land Assessed Value8300.00
Land Use Code590
Lot Dimensions0.00 x 0.00
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

YOLANDA CASSIDY-BOGAN

Associate
Price $100,000
MLS#PAPH2541758
List Date 09/29/2025
Property Type Condos
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