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1723 Spruce Street,  Philadelphia PA, 19103

(Active)
$3,075,000
|
6,970 sqft
|
MLS# PAPH2290874
Last Updated: 5/5/2024 6:58 PM
Description for 1723 Spruce Street Philadelphia, PA 19103
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.
Price
$3,075,000
RITTENHOUSE SQUARE
PHILADELPHIA
6,970 (approx)
PAPH2290874
Active
Description
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.
Listing Information
Property Type: Business Opportunities, Other
0.05 Acres 6,970 (approx) 1890
RITTENHOUSE SQUARE
Public
Public Sewer
9 Total
Neighborhood
Room Information
Interior Features
Central Air
Gas Heat, Forced Air
Exterior / Lot Features
23.00 x 104.00
Driving Directions
Walnut St. S 17th St. Spruce Street.
Financial Considerations
881542600
$26,832
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19103 has a population of 1,615,184.

The median household income in Philadelphia, Pennsylvania 19103 is $95,898. The median household income for the surrounding county is $50,724 compared to the national median of $66,222. The median age of people living in Philadelphia 19103 is 37 years.

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Courtesy: KW Empower
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/5/2024 6:58 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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