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1725 Spruce Street

PHILADELPHIA, PA 19103
  • $1,800,000
  • STATUS: Active
  • ON SITE: 62 Days
  • ID#: PAPH2164506
UPDATED: 153 min ago
$1,800,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1890
County:

School Ratings & Info

Description

This fabulous Rittenhouse Square brownstone building is 5050 square feet, perfect for investors or homeowners! First floor is incredibly spacious, and can become a stunning owners unit, while renting out the apartments above. All apartments are currently rented, the officel space is listed for rent. .It also features a large basement with plenty of storage space, another powde room, a small kitchen, and bookshelves. Monthly rental income from the apartments is $10,490/month. The lot is 21x104, very good condition. A rare investment opportunity for investors, home owner or condo conversion. Local sales $800/sq. ft. or more. Rear egress and handicap ramp, roof deck too! Beautiful and prestigious location. 2nd and 3rd floor roofs replaced in 2015 with 10-year warranty. Fire Escape certified. Property is being sold AS IS

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-06T23:50:18.16.
www.execuhome.com/homes/133667240
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1725 Spruce Street PHILADELPHIA, PA 19103

  • Price: $1,800,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 153 min ago
  • ID#: PAPH2164506
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1890
Built
Neighborhood:
19103 (19103)
County:
Philadelphia
Area:
19103 (19103)
School District:
The School District Of Philadelphia
Property Description
This fabulous Rittenhouse Square brownstone building is 5050 square feet, perfect for investors or homeowners! First floor is incredibly spacious, and can become a stunning owners unit, while renting out the apartments above. All apartments are currently rented, the officel space is listed for rent. .It also features a large basement with plenty of storage space, another powde room, a small kitchen, and bookshelves. Monthly rental income from the apartments is $10,490/month. The lot is 21x104, very good condition. A rare investment opportunity for investors, home owner or condo conversion. Local sales $800/sq. ft. or more. Rear egress and handicap ramp, roof deck too! Beautiful and prestigious location. 2nd and 3rd floor roofs replaced in 2015 with 10-year warranty. Fire Escape certified. Property is being sold AS IS
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5050.00 Cooling Ceiling Fan(S)Window Unit(S)Ductless/Mini-Split Heating RadiatorHeat Pump(S) Heating YN Yes Net Square Feet 5050.00

Property Features

Accessibility Features None Assessment Year 2023 Business Type Apartment Building Central Air YN No Cooling Fuel Electric Gross Income 127860.00 Heating Fuel Natural GasElectric Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N Net Operating Income 73700.00 New Construction YN No Number Of Units Total 9 Operating Expense 54160.00 Operating Expense Includes Management FeesRepair/MaintenanceWater Original MLSNumber 801913854402 Owner Pays WaterTaxes - Real EstateInsurance Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Five Or More Units Sale Type Other Sewer Public Sewer Tax Annual Amount 21456.00 Tax Assessment Amount 1532800.00 Tax Lot 15 Total Actual Rent 127860.00 Vacation Rental YN No Water Source Public Zoning Rm4

Listing courtesy of Bhhs Fox & Roach-Center City Walnut: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-06T23:50:18.16.
 
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