Back 5948 Spruce Street
Off Market

5948 Spruce Street

Philadelphia PA 19139

6
2
1980 sq. ft.
2000 sq. ft.
Duplex
Last sold for $424,900
Alexander PennAlexander Penn, last sold this property on 30 July 2025 after 133 days on market.

Overview

Fully Renovated Duplex – Ideal Investment or First-Time Buyer Opportunity - Whether you're a savvy investor or a first-time buyer looking to offset your mortgage by living in one unit and renting out the other unit, this is the perfect opportunity! This brand new, fully renovated duplex offers two spacious 3-bedroom units, each featuring: 1) Mini-Split Systems: Individual air conditioning and heating systems in every room, ensuring optimal comfort year-round. 2) Modern Amenities: New kitchens with quartz countertops, brand-new appliances (dishwasher, refridgerator, microwave, oven), and sleek new bathrooms. 3) Convenience: Washer/dryer in each unit, separate electrical boxes, and open concept layouts in each unit! 4) Upgrades: New roof, plumbing, electric (200-amp service), recessed lighting, wide plank flooring, and new windows. 5) Legal and Approved: All work approved by the City of Philadelphia, ensuring this is a legal duplex. 6) Income Potential: With an estimated total annual rent of $44,400 ($1,850/unit) and a cap rate of 10.4%, this property offers great investment potential. Unit 1 also has access to the huge unfinished basement for additional storage as well as the private back patio.

Features

6 bedrooms
2 carspaces
1980 sq. ft. floor area
2000 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 6 bedroom duplexes sold in Philadelphia over the last 12 months.

Property history for 5948 Spruce Street

2025
Sold
$424,900
30 Jul 2025 by Alexander Penn, of Keller Williams Realty Devon-Wayne
2023
Sold
$115,000
10 Aug 2023 by William Hannum, of Real Broker, LLC

Happy sellers in Philadelphia

80%
80% 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 3 reviews in Philadelphia over the last 12 months.

Local market activity for 6 bedroom duplexes in Philadelphia

In the last 12 months, 2 six-bedroom duplexes similar to 5948 Spruce Street, have been sold.

This represents a 58% increase in six-bedroom duplexes sales when compared to the previous 12 months.

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