Penn Center House Co-ops - Philadelphia, PA
Impressions
Penn Center House is a large co-operative development. It was built in 1959
Pros
- The location is excellent, 4 blocks from Rittenhouse Square, 5 blocks from City Hall, 8 - 10 blocks from theaters and concert halls on Broad St.
- Monthly fees are reasonable. When you consider that utilities, basic cable and real estate tax are included it's an excellent deal. There is a fee for use of the gym
- As this is a co-op, there is no transfer tax when buying or selling a unit. You also don't need to pay transfer tax.
- Amenities are excellent, including a the large rooftop deck that affords views of the Philadelphia skyline, a gym, a library and community room
- Excellent outdoor space. More than one third of the units in the building have good-sized terraces
- Very secure. 7/24/365 coverage in the lobby
- On-site management and maintenance staff.
Cons
- Pets are not allowed
- There is a significant administrative fee due at settlement. Purchase must be in cash
- Penn Center House is not a market value co-op. Co-op shares, which equate to apartments, are inexpenive to purchase but you will not realize significant appreciation on sale
- There are few units 1200 sq ft or larger
Compare To
Penn Center House Fast Facts
| Address: 1900 John F Kennedy Blvd, Philadelphia, PA 19103 |
| Price Range (thousands): $55 - $150 |
| Bedrooms: 0 - 2 |
| Total Units: 431 |
| 24-Hr Doorman or Lobby Attendant: Yes |
| Parking Facilities: Garage |
| Pets: No |
| Washer/Dryer In Unit: Yes |
| Unit Sq Footage Range: 455 - 1350 |
| Approximate Condo Fee Range: $460 - $600 |
| Number of Elevators: |
| Included Basic Services: Common Area Maintenance, Exterior Maintenance, Management, Snow Removal, Trash Removal |
| Additional Amenities: Cable TV, Community Room, Gym, Library, Rooftop Deck, Utilities |
| Year Built: 1959 |
| Style: Hi-Rise Unit/Flats, 1 Building, 20 Stories |
| Management Company: |
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