Price Reduction
Address
1932 Spruce Street Philadelphia, PA
Price
$ 2,450,000
Property Attributes
  • ML#PAPH850326
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19103
  • Zip19103
  • StyleStraight Thru
  • Year Built1900
  • Taxes15927
  • Price$ 2,450,000
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,742 SqFt
Listing Provided Courtesy Of:
OCF Realty LLC
Property Description

High income producing 6-unit rental property in premiere Rittenhouse location. Perfect opportunity for an owner/occupier to live in a luxury 2-bedroom unit or 1 bedroom unit while earning a substantial rental income on the other 5 units. Completely updated throughout, combines historical charm with modern conveniences. Improvements to the building include, but not limited to new windows, updated heating/air conditioning units, new common area flooring, new appliances, Turn-key investment with solid track record, in an area with above-market rental demand and rents. Building square footage shown is Net Rent-able square feet but the building is actually much larger.The building would be perfect for a boutique hotel/airbnb set up or as investment with long term tenants. Just one block to Rittenhouse Square and everything downtown Philadelphia has to offer. Come see this one before it is too late!

Price History
11/14/2019 Listed $2,495,000
3/11/2020 2% - $2,450,000

General Features

Accessibility None
Cool Fuel Electric
County PHILADELPHIA
Garage Y/N No
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
MLS Area 19103 (19103)
New Construction No
One Bedroom Units Count 3
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 612.35
Property SubType Other
Property Type Multi-Family
Single Room Units Count 2
Structure Type Row/Townhouse
Tax Year 2020
Total Units 1
Two Bedroom 1
Vacation Rental Y/N No
Zoning RM4

Interior Features

Central Air Y/N No
Cooling Ductless/Mini-Split
Heating Radiator
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Electric
Living Area 4001

Exterior Features

Architectural Style Straight Thru
Construction Materials Masonry
Lot Dimensions 18.00 x 103.00
Lot Size Acres 0.04
Lot Size Source Assessor
Lot Size Square Feet 1854.00
Navigable Water Y/N No
Other Structures Above Grade, Below Grade
Pool Y/N No Pool
Sewer Public Sewer
Type of Parking None
Water Access Y/N No
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19103

Price
AVG $2.68M
$2.45M
Taxes
AVG $22,854
$15,927
Visits
AVG 120
146
Year Built
AVG 1882
1900
Walkscore
AVG 99
99
Data Provided by Walkscore ® not using MLS data

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