For Sale

Description

Welcome to elevated Center City living at Penn Center House! This beautifully updated and meticulously maintained Junior 1 Bedroom residence on the 15th floor offers exceptional value. Filled with natural light and showcasing sweeping views of Philadelphia’s striking modern skyline, this sunny home feels both cozy and surprisingly spacious. The well-designed layout maximizes functionality while maintaining an open, airy feel, and the unit offers an abundance of closet space throughout. Move-in condition with immediate occupancy available makes this an easy and attractive opportunity Penn Center House is a solid, continuously maintained cooperative building ideally located between Logan Circle and Rittenhouse Square, just steps from Suburban & 30th Street Station, the Schuylkill River Trail, museums, universities, major hospitals, shopping, and some of the city’s best dining. Residents enjoy a 24-hour staffed front desk and security, on-site professional management and maintenance, a rooftop deck with panoramic city views, a well-appointed library and gathering/meeting room available for private use, furnished guest suites for visitors, and a laundry facility. Additional storage and the fitness center are available for a small additional fee. The monthly co-op fee includes real estate taxes, heat, electricity, water, sewer, basic cable, and building maintenance, offering exceptional simplicity with one predictable monthly payment. There are no title insurance or transfer tax requirements. Parking space is optional at $145 per month – an outstanding value in Center City – and a space is already paid through the end of the year. Penn Center House is a cooperative and buyers must be approved by the Board prior to closing. Minimum requirements include a credit score of 660 and monthly income equal to four times the monthly carrying charge. A one-time administrative fee applies (Junior 1 Bedroom: $11,000). Financing is available through Firstrust Bank. If purchasing with cash, buyers must demonstrate assets equal to 125% of the purchase price. This co-op building does not allow subletting. Penn Center House has excellent reserves and does not impose special assessments. They allow cats and birds as pets, however this is a “no-dog” building, with the exception of properly documented service dogs. (New) owners are also prohibited from smoking. Whether you are a first-time buyer, downsizing, or seeking the perfect pied-à-terre, this bright and inviting residence presents a rare opportunity to own in a full-service Center City building at an attractive price.