1818 Ludlow Street
Philadelphia, PA 19103
MLS #7150418

  • 3units
  • 5beds
  • 1+1½baths
  • 0.01acres
  • 1,575sq ft
ACTIVE $599,000
Est. P&I payment: $2287.77/mo
1818 Ludlow Street, Philadelphia, PA 19103
Description for 1818 Ludlow Street, Philadelphia, PA 19103
Extremely Rare opportunity to purchase an affordable building off of Rittenhouse Square's "Famed Restaurant Row" with High Income and Capital Appreciation potential! The properties along Ludlow Street rarely ever come up for sale. This building is zoned CMX5 and it's layout can be easily converted into a 3 unit money maker! You can put a retail commercial/restaurant space on the Ground floor and a 1 bedroom 600 sq foot apartment on the 2nd floor and a studio apartment on the 3rd floor. Great for an owner/operator where you can own your own building for your business and bypass the 5 figure monthly rents in the area while living upstairs. Your one block from the new Comcast Center and right next door to Rittenhouse Square's newest 11 story hotel project, "Pod Philly" slated to open in 17 months on September 2019, with 252 rooms , roof top lounge, restaurant & coffee shop on the ground floor. Tria Wine Garden just doors away on 18th is slated to open this spring. The CMX5 zoning permits many uses as of right from take out restaurant to retail store. This property is being sold "AS IS" with No Contingencies & Tenant Free with No Leases. You can start your conversion immediately. Please note that 1816 Ludlow which is contiguous and next door to this property is also up for sale so both buildings can be purchased for 1.2 million for a total of 3,200 square feet of commercial space in Rittenhouse.
MLS #7150418
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My Notes for MLS #7150418

General Features

  • Property Type: Multi-Family
  • Building Floors: 3
  • Design: Triplex,​AptBldg,​Stor&Res
  • Gross Square Feet: 1,575
  • Land Square Feet: 600
  • Total Units: 3
  • Property Age: 100

Exterior Features

  • Water Front: N
  • Exterior: Brick
  • Has Garage Flag: N
  • Garage Spaces: NoGarage
  • Parking: Permit Required

Interior Features

  • Basement: Y
  • Basement Type: Partial
  • Beds Unit 1: 3
  • Partial Bath Count Unit 1: 1
  • Room Count Unit 1: 1
  • Beds Unit 2: 2
  • Room Count Unit 2: 2
  • Baths Full Unit 3: 1
  • Room Count Unit 3: 1

Utilities Features

  • Central Air: Y

Financial Features

  • Tax Year: 2018
  • Total Assessment: 313,400
  • Total Taxes: 4,387

School Features

  • School District: Philadelphia

Miscellaneous Features

  • New Construction: N
  • Type: Row/Town/Clu


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Ludlow Street is located between Chestnut and Market Streets and in between 18th & 19th Streets
The listing information for 1818 Ludlow Street, Philadelphia, PA 19103 was graciously provided by our friends at the listing brokerage, Keller Williams Realty Center City

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P&I Payment $2287.77
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Last Updated 04/25/2018 at 8:04am
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