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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