SoldJul 30, 2025

Listed by Alexander Penn from Keller Williams Realty Devon-Wayne

Bought with Ife Foy

Source: Bright MLS #PAPH2456576

5948 Spruce Street, Philadelphia, PA, 19139

$424,900

6
2
1980 sq. ft.
2000 sq. ft.

Duplex

30+ days on the market

Sold: Jul 30, 2025

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About this property

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.

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