$2,450,000

1932 Spruce St

PHILADELPHIA PA, 19103

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!

Details

MLS#PAPH850326
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site273

Features

SQ Feet4,001
Units1
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Area Information
StatePA
CityPHILADELPHIA
Zip Code19103
Area19103 (19103)
Listing VS Median (in 19103)
Price:
$2,450,000
low | high
Med:
$2,208
100% of Average
SqFt:
4,001
low | high
Med:
415
100% of Average
$ / SqFt:
$612
low | high
Med:
$1
100% of Average
On Site:
273
low | high
Med:
148
100% of Average
Listing Updated: 06/22/2020
Jim Robertson LogoMLS Number: PAPH850326
Listing Provided By:
Jim Robertson  of  OCF Realty LLC