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1725 Spruce Street

PHILADELPHIA, PA 19103
  • $1,750,000
  • STATUS: Active
  • ON SITE: 114 Days
  • ID#: PAPH2292134
$1,750,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1890
County:

School Information

Description

This apartment building in prestigious Rittenhouse Square is a remarkable investment opportunity. With six apartments and a spacious commercial space, the potential for profit is immense. The commercial space, which boasts two half bathrooms and a small kitchenette, can easily be transformed into an owner suite or additional apartments. Its numerous rooms, including a large conference room with original wood finishes, offer endless possibilities. The brownstone building's tall ceilings, original features, and exquisite finishes add to its allure. The building is equipped with intercom systems and private mail for each apartment, along with a convenient common washer and dryer. Tenants are responsible for gas and electric, while water is included in their rent. Window units provide both air conditioning and heat, and gas and electric are separately metered. Don't miss out on this extraordinary opportunity! The lot is 21x104 and in good condition. This a rare investment opportunity for investors, homeowners, 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 were replaced in 2015 with a 10-year warranty. Fire Escape certified and recently worked on. The property is being sold in "as-is" condition.

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©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 JW Real Estate, LLC. 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: 2024-02-22T18:02:41.503.
www.jwre-pa.com/homes/144873713
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1725 Spruce Street PHILADELPHIA, PA 19103

  • Price: $1,750,000
  • Status: Active
  • On Site: 114 Days
  • ID#: PAPH2292134
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1890
Built
Neighborhood:
Rittenhouse Square
County:
Philadelphia
Area:
19103 (19103)
Elementary School:
Albert M. Greenfield
Middle School:
Albert M. Greenfield Elementary School
High School:
South Philadelphia
School District:
The School District Of Philadelphia
Property Description
This apartment building in prestigious Rittenhouse Square is a remarkable investment opportunity. With six apartments and a spacious commercial space, the potential for profit is immense. The commercial space, which boasts two half bathrooms and a small kitchenette, can easily be transformed into an owner suite or additional apartments. Its numerous rooms, including a large conference room with original wood finishes, offer endless possibilities. The brownstone building's tall ceilings, original features, and exquisite finishes add to its allure. The building is equipped with intercom systems and private mail for each apartment, along with a convenient common washer and dryer. Tenants are responsible for gas and electric, while water is included in their rent. Window units provide both air conditioning and heat, and gas and electric are separately metered. Don't miss out on this extraordinary opportunity! The lot is 21x104 and in good condition. This a rare investment opportunity for investors, homeowners, 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 were replaced in 2015 with a 10-year warranty. Fire Escape certified and recently worked on. The property is being sold in "as-is" condition.
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)Ductless/Mini-SplitWindow Unit(s) Flooring CarpetCeramic Tile Heating Heat Pump(s)Radiator Heating YN Yes Net Square Feet 5050.00

Property Features

Accessibility Features None Business Type Apartment BuildingOther Central Air YN No Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802700803628 Ownership Interest Fee Simple Possession Immediate0-30 Days CD31-60 Days CD Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 21456.00 Tax Assessment Amount 1532800.00 Vacation Rental YN No Water Source Public Zoning RM4

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


©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 JW Real Estate, LLC. 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: 2024-02-22T18:02:41.503.
 
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