$350,000

Welcome to Unit 301 at Letitia Lofts in the heart of Old City, Philadelphia, PA. This 2-bedroom, 1.5-bath, 1,028-square-foot condo sits on the third floor of a secured elevator building converted from a nineteenth-century textile factory, and the conversion left the architecture intact: exposed brick, original timber beams, refinished hardwood floors, and 9.5-foot ceilings. The residence opens to a proper foyer with a coat closet. Hardwood floors lead down the hall past the powder room and a pass-through opening to the kitchen, and then the ceiling lifts and the home opens into the main living and dining space. This is where the building's history becomes the focal point. An exposed brick wall runs the length of the room beneath three tall windows, and a diagonal timber brace crosses the brick above the dining area. Just off the dining area, the renovated galley kitchen keeps its finishes clean and understated: white quartz countertops, a subway tile backsplash, Samsung stainless steel appliances, and a peninsula that keeps the kitchen open to the dining room while holding its own work area. The primary bedroom carries the brick and heavy timber beams into a room with two windows and space for a king-size bed, with two double closets built into the wall. Professionally installed interior storm panels add sound reduction without altering the historic windows. The second bedroom fits a queen bed and has the same pair of double closets, which is unusual in a two-bedroom loft and makes it a true second bedroom rather than a compromise. The full bathroom has been updated with a subway tile tub and shower behind a glass door, a floating vanity with under-sink storage, and tile flooring. In-unit laundry, custom window blinds, fresh paint, and central air complete the interior, with a 2022 HVAC system, a 2024 hot water heater, and a private storage unit in the building's basement. The unit was most recently rented at $3,000 per month, which makes it a straightforward option for an investor as well as an owner-occupant. Step outside and you're in Old City: restaurants, art galleries, and boutiques along 2nd and 3rd Street, groceries and a deli half a block away on Market Street, Elfreth's Alley and Independence Mall within walking distance, the Liberty Bell Center a few blocks further. Penn's Landing Park, the new 11.5-acre waterfront park being built over I-95, is going in steps away to the east, with the Delaware River and Race Street Pier just past it. 2nd Street Station on the Market-Frankford Line is at the corner of 2nd and Market, and I-95 and the Benjamin Franklin Bridge handle the drive. An authentic factory loft in one of Philadelphia's oldest and most walkable neighborhoods, with the history still standing around it.