2217 Locust Street

A RARE OPPORTUNITY IN FITLER SQUARE. - Live Luxuriously, Earn Instantly, or Reimagine Entirely. Formerly a five-unit Victorian residence, 2217 Locust Street has been thoughtfully reimagined into a dynamic three-unit property offering exceptional flexibility for investors and owner-occupants alike. This handsome red-brick townhouse features two income-producing apartments on the first floor, along with a sprawling, owner-occupied residence across the upper two levels - topped by a breathtaking rooftop terrace. The upper owner residence lives like a grand single-family home, with three bedrooms and three full bathrooms, though currently configured to maximize lifestyle flexibility. The primary suite includes a large dressing area, original fireplaces, and renovated baths. One additional bedroom is used as a den with a built-in bar, while another has been converted into a library/office with custom shelving and a rolling ladder. The chef’s kitchen is outfitted with KraftMaid cabinetry, stainless steel appliances, and a built-in banquette. Upstairs, a full-floor private rooftop terrace offers two levels, Trex decking, integrated lighting, water and electric hookups, and unobstructed skyline views - a true outdoor sanctuary in the heart of the city. Each of the rental units on the first floor is unique in layout and character. The front studio retains dramatic 14-foot ceilings, ornate original moldings, a marble fireplace, and a sparkling chandelier sourced from a Society Hill estate. The rear one bedroom unit spans two levels connected by a spiral staircase, with a gas fireplace, bay windows, modern kitchen, and access to a private garden patio—ideal for tenants or long-term guests. Both are currently under-rented, offering strong upside potential. Perfectly situated in Fitler Square, this pet-friendly residence is steps away from fine dining, one-of-a-kind shopping, 30th Street Station, the Schuylkill River Walking & Bike Path, and Rittenhouse Square. Close to UPenn/Drexel campuses, HUP/CHOP hospitals, and major highways.