The Academy House Condos

1420 Locust Street [Google Maps]

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The Academy House is the Toyota of Center City condo values. These units have great track record of reselling- always have and probably always will. A very smart purchase. Condo fees include almost all utilities. An elevator building in a very central residential location, with rental parking in the lower levels, and 24 hour doorman. A fair number of units have outside balconies. A non-smoking building. Values not heavily contingent upon floor height, as many units have great views. No dogs allowed in building. All units are flats- no stairs.

Additional Information:

  • Neighborhood: Avenue of the Arts/Rittenhouse Square
  • 24 hour Doorman building (Always more than one on duty)
  • Year Built: 1976
  • 18 Floor Plan Varieties
  • Unit Sizes: 521-1590 sq. ft. - Studios to Three Bedroom Condos
  • Electric Cooking
  • Vented Dryers and hood ranges
  • Washer/Dryer in Most Units
  • In-house Rental Parking Available
  • Cat friendly
  • Click Here for Walk Score
  • Compare to: Dorchester, Hopkinson House, Center City One
  • Condo Fees Include: Master Insurance Policy / Management / Common Building Maintenance and Building Expenses / 24 Hour Doorman / Pool / Gym / Electric / Water and Sewer / Basic Cable with HBO and Internet (all utilities)

Five Fast Facts about The Academy House:

  • 1) Named so because the building sits adjacent to the Academy of Music
  • 2) The building has 576 units total and stands 37 stories tall
  • 3) Academy House offers On site rental parking, gym and indoor pool
  • 4) Sits on the Southeast corner of 15th and Locust Streets in the often unknown 19102 zip code
  • 5) Some of the larger interior units which face east have unusually large balconies

Related Links

  • Click here to see the area around The Academy House using Google Street View.
  • Click here to read a blog about 1420 Locust.

Quick Sales Stats

  • 2017 (As of November): 13 Sales - Top price $575,000
  • 2016: 19 Sales - Top price $739,900
  • 2015: 15 Sales - Top price $420,500

My Views and Personal Experience at The Academy House - 1420 Locust. St.

I sold a unit about a dozen years ago to my friends Roberta and Yaan- and I still keep in fairly close contact with them about what goes on at the Academy House. They love the building and Roberta is pretty sharp when it comes to knowing the ins and outs of 1420 Locust St. Over the years I have probably sold a half dozen units at The Academy House condos and here is what I think:

Solid values, solid central location, and very well managed. Like the Hopkinson House, I refer to the building as the Toyota Of Center City condos. Easy to resell, good value retention over time, and the condos at 1420 Locust have had a fairly steady demand over the years. The Academy House condo association has replaced interior unit windows (huge upgrade), and in 2013 they revamped the interior hallways- which look great. Most recently, they renovated their lobby, which is a huge improvement.

I think a lot of my buyers find the location of 1420 Locust St. to be key- you are really in the heart of Center City and if walking around town is a priority for you, then the Academy House really has that issue down pat :-)! The units generally excel in great closet space and many of the condos have balconies. This is a non-smoking building and dogs are NOT allowed...though they do allow cats. The building has rental parking on the first floor of the building and many parking garages are within 100 feet of the building- believe me when I tell you that parking is not an issue here. The Academy House condos are known for having a wide variety of unit sizes and layouts- So be careful if you are looking at comps. Not all two bedroom condos are the same in terms of layout and value.

These condos are very popular with the University of Penn and Jefferson Medical folks, not to mention those at Hahnemann, as the Academy House condos at 1420 Locust St. seems to kinda' sit smack dab in the middle of those three institutions. I know a number of folks who live here, so my current clients should not hesitate to let me know if they want to talk to a current condo owner at 1420 Locust St.

What a condo owner at The Academy House says about the building:

John and Barbara say, "We have been here seven months now and from the beginning we have been delighted to be living at Academy House. As for the building itself, it is clear that security - around-the-clock - is a top priority of management and staff. The staff seem to know everyone who lives here and NO visitor or delivery person can get on an elevator if the staff hasn't gotten direct telephone approval from the resident. The staff, courteous but firm with outsiders, are courteous, helpful and most pleasant with residents. And the location could not be better. In addition to the immediately visible amenities right here, less obvious to a visitor, is the convenient transportation. Taxis always cruising by, a bus stop and subway entrance steps away and a valet-service garage within the building. On a personal note, the location and transportation are so satisfactory that we have sold our car. When taxis won't suffice, we use hourly rentals from Zipcar; their cars are available at three very close lots."

To schedule a showing at The Academy House call 215-521-1523 or email Mark.

Amenities

Cat Friendly Building
Cat Friendly Building
Doorman
Doorman
On-site Rental Parking
On-site Rental Parking
Indoor Pool!
Indoor Pool
On-Site Gym
On-Site Gym

Video Tour


Floor Plans

1 Bedroom 1 Bathroom Layout 1

1 Bedroom 1 Bathroom Layout 1
1 Bedroom 1 Bathroom Layout 2

1 Bedroom 1 Bathroom Layout 2
1 Bedroom 1 Bathroom Layout 3

1 Bedroom 1 Bathroom Layout 3
1 Bedroom 1 Bathroom Layout 4

1 Bedroom 1 Bathroom Layout 4
2 Bedroom 2 Bathroom Layout 1

2 Bedroom 2 Bathroom Layout 1
2 Bedroom 2 Bathroom Layout 2

2 Bedroom 2 Bathroom Layout 2
2 Bedroom 2 Bathroom Layout 3

2 Bedroom 2 Bathroom Layout 3
3 Bedroom 2 Half Bathroom

Academy House 3 Bedroom 2 Half Bathroom
Building Layout

Academy House

Click on Floor Plan for a larger view!

Click on the Floorplan Below to see a Larger View of the Academy House Building Layout! Academy House Condominiums

Contact Mark Wade - Phone: 215.521.1523

Email Mark to schedule a showing on The Academy House Condos

Mark@CenterCity.com or call 215.521.1523

Please let Mark know if you are inquiring about a RENTAL or a SALE property - Thank You!


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