424 S 20th St, Philadelphia, PA 19146

Property Description

Opportunity awaits at 424 S 20th Street—an ideally located triplex in the heart of Philadelphia’s coveted Rittenhouse neighborhood. This fully vacant building offers three separate 1-bedroom, 1-bath units, creating a versatile setup for investors, owner-occupants looking to offset their mortgage with rental income, or buyers seeking a prime value-add property in one of Center City’s most desirable locations. Inside, each unit offers a functional layout with comfortable living spaces, while the first-floor apartment features the added bonus of a private fenced-in rear yard—an increasingly hard-to-find amenity in the city and a major draw for future tenants or an owner occupant. A new roof has already been completed, giving the next owner a head start on improvements while still leaving room to bring their own vision and updates to the property. Being sold as-is and in need of some rehab, this is a rare chance to secure a multi-unit asset with strong upside potential in an unbeatable location. Set just steps from the energy and elegance of Rittenhouse Square, this address places you in the center of one of Philadelphia’s premier residential and dining districts. Residents will love being close to the iconic park, acclaimed restaurants, neighborhood cafés, boutique shopping along Rittenhouse Row, and convenient access to Center City offices, public transit, and 30th Street Station. Whether you’re looking to expand your investment portfolio, create a house-hack opportunity, or renovate and maximize income potential, 424 S 20th Street offers location, flexibility, and long-term value in one of the city’s most sought-after neighborhoods.