Price Reduction
Listed By:
KW Empower
Address
1723 Spruce Street, Philadelphia, PA
Price
$ 3,150,000
Property Attributes
  • MLS#PAPH2290906
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19103
  • NeighborhoodRittenhouse Square
  • Zip19103
  • Style
  • Year Built1890
  • Taxes$ 26832
  • Price$ 3,150,000
  • Bedrooms14
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2,178 SqFt
Data Source:
Bright MLS
Property 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.

Price History
10/24/2023 Listed $3,200,000
2/7/2024 2% - $3,150,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning RM4
Pool Y/N No Pool
Architectural Style Other
Construction Materials Masonry
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 1890
Property SubType Other
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Subdivision Name RITTENHOUSE SQUARE
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Total Units 4
MLS Area 19103 (19103)
Lot Size Square Feet 2368.00
Waterfront Y/N No
Tax Annual Amount 26832.0
Two Bedroom 5
Structure Type Interior Row/Townhouse
One Bedroom Units Count 4
Price Per Sq Ft 459.11
Vacation Rental Y/N No
Days on Market 94
Tax Lot 19
School District 300200397108

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Yes
Fireplace Y/N No
Central Air Y/N Yes

Exterior Features

Water Source Public
Type of Parking None
Foundation Details Other
Water View Y/N No
Lot Dimensions 23.00 x 104.00
Lot Size Acres 0.05
Lot Size Source Assessor
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19103

Price
AVG $2.88M
$3.15M
Taxes
AVG $20,676
$26,832
Visits
AVG 494
238
Data Provided by Inside Real Estate®
Year Built
AVG 1881
1890

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