High end residence in Rittenhouse Square (Philadelphia)

[James Cecere]

Investment Info:

Single-family residence buy & hold investment in Philadelphia.

Purchase price: $529,000
Cash invested: $100,000

High end condo in Rittenhouse Square section of Philadelphia. This 2-floor condo has 2 car parking, which is highly sought after in this very desirable location. It's a three floor walk-up in a 6-unit condo. It's a traditional row home, so it beautifully fits the historical spirit of Philadelphia. This is a long-term hold, which steadily increases in value and attracts quality renters.