On the Market: Old City penthouse for $749,900
On the Market profiles homes for sale in the Philadelphia region.
Len and Shareen Helbig had always been the suburban types. They had spent several decades living in Montgomery County, but once their two kids grew up they decided city living could bring a new and exciting chapter to their lives.
“The kids went to college, got married, moved off, and my wife and I found ourselves in a large four-bedroom house that we really didn’t need any more,” Len Helbig said. ”We were looking for just a change in lifestyle.”
So in 2006, the empty nesters started looking for a place in Philadelphia. They looked at several Center City neighborhoods and had two key features in mind: new construction and one that came with two parking spots.
Helbig, a retired commercial real estate executive, said he and his wife weren’t finding much that met their criteria, until they came across one last property that amazed them: A penthouse in a newly-built Old City building called The National.
“We were blown away by the views and the size of the unit,” Helbig said. “It just kind of worked for us.”
So the Helbigs left their Horsham home of 35 years and purchased the new 1,511-square-foot apartment located at 113 North Bread Street. They figured they would get the perfect Philly experience living in the heart of the city.
As a corner unit, the apartment offers unobstructed views of the Delaware River, Ben Franklin Bridge, and all parts of the city, which is what the Helbigs find to be most special about the home.
“It’s pretty spectacular seeing all of the lights at night,” Helbig said.
Fireworks on the Fourth of July were especially a memorable experience for them, as they could see all the excitement without leaving their living room.
During their time spent in the home, the Helbigs completed some minor renovations. They didn’t complete any updates, but they finished the walls to the ceilings – which were loft-style before – and added built-in cabinets.
The home has two bedrooms and two baths, as well as a balcony off the living room facing the Ben Franklin Bridge. The granite kitchen overlooks Old City, and includes stainless steel appliances. The penthouse also comes with two parking spaces.
After seven years of enjoying the hustle and bustle of Philly, the Helbigs have put the condo on the market for $749,900. They had a home built in Cape May Point where much of their family lives and have another residence in Florida where they spend winter.
“It’s been a great adventure and it’s a great unit,” Helbig said. “We’ll miss it but it’s time for us to move on.”