Skip To Content

1926 Spring Garden Street

PHILADELPHIA, PA 19130
  • $1,500,000
  • STATUS: Active
  • ON SITE: 150 Days
  • ID#: PAPH2346784
UPDATED: 201 min ago
$1,500,000
  • 0
    BEDS
  • 0.01
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

Welcome to a rare opportunity to own a piece of history in one of Philadelphia's most sought-after neighborhoods! This six-unit historic condo building exudes charm and character, offering a unique blend of historic architecture, modern amenities, and a prime location. Nestled in the vibrant Art Museum area, this property enjoys proximity to world-class museums, iconic landmarks such as the Philadelphia Museum of Art and the Barnes Foundation, trendy restaurants, cafes, and boutique shops. With easy access to public transportation and major highways, residents enjoy the convenience of city living at its finest. Built with timeless elegance, this historic condo building pays homage to its storied past. Each unit within the building offers a unique living experience, with spacious layouts and abundant natural light. Modern conveniences abound, including fully equipped kitchens with stainless steel appliances, cozy living areas, and in-unit washer/dryer for added convenience. This building is more than half occupied , providing an immediate source of rental income for investors or a solution for those seeking to enjoy the benefits of city living. Annual income capacity 120-130K. Also, each unit is deeded separately as a condominium but are currently being rented. Tenants relish in the charm of their individual units while indulging in the vibrant neighborhood atmosphere. The top floor unit presents an exciting opportunity for additional income as an Airbnb rental. With its prime location and well-appointed amenities, this unit offers guests a comfortable retreat in the heart of Philadelphia's cultural hub, making it a lucrative investment opportunity for savvy buyers. Residents of the building enjoy access to a beautiful quaint shared courtyard, perfect for outdoor gatherings, al fresco dining, or simply enjoying a bit of tranquility. Current rental income from the occupied units provides a stable foundation for investors, with the potential for increased revenue through short-term rentals or future appreciation in property value. Schedule your private showing today and discover the timeless allure of this historic condo building in the heart of the Art Museum area. Whether you're seeking an investment opportunity or a place to call home, this property offers the best of Philadelphia living.

Monthly Payment Calculator



©2024 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: 2024-12-08T23:50:37.2.
www.execuhome.com/homes/152531591
Print Image

1926 Spring Garden Street PHILADELPHIA, PA 19130

  • Price: $1,500,000
  • Status: Active
  • On Site: 150 Days
  • Updated: 201 min ago
  • ID#: PAPH2346784
0
Beds
0
Baths
0
½ Baths
0.01
Acres
1925
Built
Neighborhood:
Art Museum Area
County:
Philadelphia
Area:
19130 (19130)
School District:
The School District Of Philadelphia
Property Description
Welcome to a rare opportunity to own a piece of history in one of Philadelphia's most sought-after neighborhoods! This six-unit historic condo building exudes charm and character, offering a unique blend of historic architecture, modern amenities, and a prime location. Nestled in the vibrant Art Museum area, this property enjoys proximity to world-class museums, iconic landmarks such as the Philadelphia Museum of Art and the Barnes Foundation, trendy restaurants, cafes, and boutique shops. With easy access to public transportation and major highways, residents enjoy the convenience of city living at its finest. Built with timeless elegance, this historic condo building pays homage to its storied past. Each unit within the building offers a unique living experience, with spacious layouts and abundant natural light. Modern conveniences abound, including fully equipped kitchens with stainless steel appliances, cozy living areas, and in-unit washer/dryer for added convenience. This building is more than half occupied , providing an immediate source of rental income for investors or a solution for those seeking to enjoy the benefits of city living. Annual income capacity 120-130K. Also, each unit is deeded separately as a condominium but are currently being rented. Tenants relish in the charm of their individual units while indulging in the vibrant neighborhood atmosphere. The top floor unit presents an exciting opportunity for additional income as an Airbnb rental. With its prime location and well-appointed amenities, this unit offers guests a comfortable retreat in the heart of Philadelphia's cultural hub, making it a lucrative investment opportunity for savvy buyers. Residents of the building enjoy access to a beautiful quaint shared courtyard, perfect for outdoor gatherings, al fresco dining, or simply enjoying a bit of tranquility. Current rental income from the occupied units provides a stable foundation for investors, with the potential for increased revenue through short-term rentals or future appreciation in property value. Schedule your private showing today and discover the timeless allure of this historic condo building in the heart of the Art Museum area. Whether you're seeking an investment opportunity or a place to call home, this property offers the best of Philadelphia living.
Exterior Features

Construction Materials BrickMasonry Garage YN No Parking Features Private Parking Types Parking Lot Property Condition Good Roof Flat Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5500.00 Cooling Central A/C Flooring Hardwood Heating Heat Pump(s) Heating YN Yes Inclusions Security systemUnit Adishwasherelectric range. microwaverefrigeratorwasherdryerUnit Bdishwasherelectric rangemicrowaverefrigeratorwasherdryerUnit Cdishwasherelectric rangemicrowaverefrigeratorwasherdryerUnit Ddishwasherelectric rangemicrowaverefrigeratorwasherdryerUnit Edishwasherelectric rangemicrowaverefrigeratorwasherdryerUnit Fdishwasherelectric rangemicrowaverefrigeratorwasherdryerQueen adjustable bedmattressdresserchairrugstwo (2) flatscreen televis Net Square Feet 5500.00

Property Features

Acceptable Financing CashConventionalFHAFHA 203(k)Private Accessibility Features None Central Air YN Yes Cooling Fuel Natural Gas Cross Street 20th Street Heating Fuel Natural Gas Historic YN Yes Hot Water Multi-tank Lease Considered YN No Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 6 Original MLSNumber 803017568726 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 21930.00 Utilities Electric AvailableNatural Gas Available Vacation Rental YN No Water Source Public Zoning RM1 Zoning Description All units are deeded separately as condos. There is no single tax ID number as all condos have individual numbers.

Listing courtesy of KW Empower: .


©2024 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: 2024-12-08T23:50:37.2.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803017568726-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803017568726-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803017568726-2.jpg
Logo
ExecuHome Realty
9512 Harford Road, Suite 7
Parkville MD, 21234