Views
Address
2134 Spruce Street Philadelphia, PA
Price
$ 3,000,000
Property Attributes
  • MLS#PAPH984420
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19103
  • NeighborhoodRittenhouse Square
  • Zip19103
  • StyleApartment Building
  • Year Built1890
  • Taxes$ 21609
  • Price$ 3,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5712
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
Keller Williams Philly
Data Source:
Bright MLS - 382 - MD
Property Description

A chance to own a rare piece of history and an amazing passive income. PhillyLiving is proud to present the exclusive sale of 2134 Spruce Street, a historic gem built by famed architect Frank Furness during the 19th century. If you are looking for a lucrative investment opportunity in one of the hottest residential areas of Philadelphia, look no further than this 8-unit building in Fitler Square. The entire building is under one master lease for 3 years, starting in May 2020. It includes four studio units, one 2 bedroom units with 1 bath, and two 1 bedroom units with 1 bath and one bedroom plus a den with 2 baths. Units boast beautiful fireplaces, high-end finishes, skyline views, and a gorgeous shared private rear terrace/garden. This recently renovated 8-unit building is located in the quaint neighborhood of Fitler Square, steps away from Rittenhouse Square Park, Fitler Square Park, the Schuylkill River Trail, and some of the best restaurants and bars in the city. Price: $3,300,000 Square Feet: 5,712 sq. ft. Scheduled Income, 2021: $183,750 Scheduled Income, 2022: $192,500 Total Expenses: 36,000/year Occupancy: 100%

Price History
2/2/2021 Listed $3,300,000
6/1/2021 4% - $3,200,000
9/22/2021 4% - $3,100,000
10/27/2021 4% - $3,000,000

General Features

Accessibility None
Business Type Apartment Building
Construction Materials Brick
Cool Fuel Electric
Cooling Ductless/Mini-Split
County PHILADELPHIA
Days on Market 300
Heating Forced Air
Lot Size Square Feet 2739.00
MLS Area 19103 (19103)
Municipality PHILADELPHIA
New Construction No
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 525.21
Property SubType Five Or More Units
Property Type Commercial Sale
Sewer Public Sewer
Subdivision Name RITTENHOUSE SQUARE
Tax Annual Amount 21609.0
Tax Lot 210
Tax Year 2021
Total Units 8
Vacation Rental Y/N No
Water Access Y/N No
Zoning RM1

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 5712.00
Lot Dimensions 28.00 x 97.83
Lot Size Acres 0.06
Lot Size Source Assessor
Navigable Water Y/N No
Type of Parking None
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 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19103

Price
AVG $1.04M
$3M
Taxes
AVG $17,315
$21,609
Visits
AVG 61
223
Year Built
AVG 1920
1890
Walkscore
AVG 98
98
Data Provided by Walkscore ® not using MLS data

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