What $500K Will Buy You in Old City
Torn between the cutting-edge and colonial? Can’t decide if trendy or traditional is right for you? We found the solution: new Old City.
Rich in history, teeming with notable landmarks and outfitted with cobblestone streets to boot, the remarkable charm of Old City, located between Front and 6th streets from Callowhill to Walnut, is unmatched. Then, when the sun goes down, first-rate nightlife abounds. With delicious eats, lively bars and the monthly First Friday celebration for art lovers across the city, the area seamlessly blends the ancient and the contemporary; it’s the new Old City, providing its residents the best of both worlds. Warning: tourists are plentiful, to say the least, and parking is minimal, but public transportation is easily accessible.
If this traditional yet hip atmosphere feels like the perfect combination for you, then look no further. Old City has a median home value of $325,200. But if you can bump that number up by 150K, give or take, then we have three great options below. Homes in the area, like the location itself, skillfully combine historic appeal with present-day glamour.
122-30 New St., Unit 4A (above) | 2 beds, 2 baths, 1,316 square feet, $484,900
This listing certainly gives you bang for your buck. The one totally modern unit featured here, this low-rise condominium has two bedrooms and two bathrooms. This modern apartment features floor-to-ceiling windows (amazing natural light!), an open floor plan for the main living area, a top-notch Poggenpohl kitchen with Miele and Liebherr appliances, granite countertops, hardwood floors, a laundry alcove and walk-in closets. The master bathroom is equipped with mounted vanities, porcelain sinks and a walk-in shower. To top it all off, there’s a private balcony for all your grilling and gardening needs.
205-15 Cuthbert St., Unit 406 | 1 bed, 1 bath, 1,169 square feet, $489,900
Love the excitement of the city but still enjoy a night of peace and quiet? Why get all dressed up and hit the town? Pajamas are much more comfortable. If this sounds like you, then check out this flat situated just a few blocks away from the rowdy scene. The new unit in an old industrial building is 10 years young and up-to-date with the latest amenities. With hardwood floors, natural light, granite countertops, stainless steel appliances, breakfast bar, walk-in pantry and a master bedroom complete with his-and-hers closets, this apartment is rustic and sleek. To add to the deal, there is a shared deck overlooking the city skyline, deeded parking and private, basement storage. Oh, and there’s exposed brick! Who doesn’t love exposed brick?
205-15 Cuthbert St., Unit 406, Philadelphia, Pa. 19106 [Doug Gungor | Coldwell Banker Preferred]
232-34 N. 2nd St., Unit B | 1 bed, 1 bath, 1,800 square feet, $490,000
Situated on the second floor of a walk-up, this carefully renovated apartment from 1867 is the epitome of new Old City. With light-wash hardwood floors, white plaster walls and a completely open floor plan, the loft maintains the building’s historic character. But, throw in the industrialized paneling and cabinetry and the flat is given a modern twist. It’s a blank space waiting for your decorative spin. The unit highlights a bedroom closet, kitchen, washer, dryer, stellar lighting and easy accessibility to SEPTA and bus routes.
232 N 2nd St., Unit B, Philadelphia, Pa. 19106 [Mark Sconyers | BHHS Fox & Roach Realtors]