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1723 Spruce Street

Philadelphia PA 19103

6970 sq. ft.
2368 sq. ft.
Other
Currently for sale - view listing

Overview

Magnificent opportunity to own a Rittenhouse Square brownstone 9-unit apartment building in amazing condition! Located at one of the best corners in Rittenhouse, 18th & Spruce. One block to the square, 50 yards away form Rittenhouse market, 100 yards away from Starbucks. The units are under rented so there is room for increases, separate utilities. $187, 000 annual rent roll. Property is updated throughout with gorgeous original details. The property runs to street to street, to manning street. there is a one car car-port on the manning street side of the building. **Bonus -There is also a common elevator that can be repaired and brought back to life!!! It is not currently being used but would add a ton of value to the building. 5 (2) bedroom units and 4 (1) bedroom units. Could also be an amazing condo conversion!! These building do not become available often at a location like this.. Taxes and square footage is the responsibility of the buyer to have verified.

Features

6970 sq. ft. floor area
2368 sq. ft. lot size
Other

Property history for 1723 Spruce Street

2022
Sold
$2,000,000
04 Apr 2022

Happy sellers in Philadelphia

85%
85% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Philadelphia over the last 12 months.

Local market activity for other properties in Philadelphia

In the last 12 months, 78 other properties similar to 1723 Spruce Street, have been sold.

This represents a 35% decrease in other properties sales when compared to the previous 12 months.

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