2131 Spruce St, Philadelphia, PA 19103

$1,500,000

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List Price
$1,500,000
Status
ACTIVE
MLS#
PAPH2675122
Lot Size (Acres)
0.03
Year Built
1890
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Excellent investment opportunity in the heart of Fitler Square! 2131 Spruce Street features 5 fully occupied apartments with central air and laundry. Please see the rental information below: Unit 1F: 4-bedroom, 4-bathroom, $4k/month, expiration 5/28/27; Unit 2F: Studio, 1 bathroom, $1,595/month, expiration 7/28/27; Unit 2R: 1-bedroom, 1-bathroom, 1,984/month, expiration 6/27/27; Unit 3F: 3-bedroom, 2-bathroom, $3,200/month, expiration 6/27/27; Unit 3R: Studio, 1 bathroom, $1,396/month, expiration 6/27/27. Total monthly rental income is $12,175, producing $146,100 in annual gross rental income. The property is located on one of Center City’s most desirable residential blocks, convenient to Rittenhouse Square, the Schuylkill River Trail, neighborhood parks, restaurants, shopping, universities and major employment centers. A rare opportunity to acquire a fully occupied income-producing property in an exceptional location. Schedule your showing today! Listing contains AI enhanced Photos.

Additional Information

Area
19103 (19103)
Subdivision
Fitler Square
School District
The School District Of Philadelphia
Heating
Central
Cooling
Central Air
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

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