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1723 Spruce Street Philadelphia, PA $ 3,075,000
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$ 3,075,000 Get more info
1723 Spruce Street
$ 3,075,000
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1723 Spruce Street

Philadelphia, PA, 19103
$ 3,075,000
Baths0.0 Sq 6,970

Monthly Estimate*

$ 20,437

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Studio

Commercial Property for sale in Philadelphia, PA

for $3,075,000. This 6,970 square foot building was built in 1890 on a lot size of 0.05.

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.

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Commercial Active

Price

$ 3,075,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 26,832

Style

Apartment Building

Lot Size

0.05

Year Built

1890

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2290874
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning RM4
Construction Materials Masonry
Year Built 1890
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name RITTENHOUSE SQUARE
Water Access Y/N N
Status ACTIVE
Directions Walnut St. S 17th St. Spruce Street.
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 9
MLS Area 19103 (19103)
Lot Size Square Feet 2368.00
Waterfront Y/N N
Street Name SPRUCE
Tax Annual Amount 26832.0
Price Per Sq Ft Total 441.18
Vacation Rental Y/N N
Days on Market 202
Standard Status Active
Year Built Source Assessor
Tax Lot 19
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 6970.00
Lot Dimensions 23.00 x 104.00
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 575070.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1723
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* Excluded Features
List By
Kw Empower

Broker

jonesti@mccannteam.com

Email

Affordability Calculator

$22,673
Per Month
90%
10%
0%
Monthly Principal & Interest
$20,437
Monthly Property Taxes
$2,236
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/22/2024$3,075,000 -1.60% Price Down
3/17/2024$3,125,000 -0.79% Price Down
2/7/2024$3,150,000 -1.56% Price Down
10/24/2023$3,200,000 Listed Price

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1723 Spruce Street, Philadelphia, PA, 19103 is a Commercial Property for sale at $3,075,000 with 6,970 sqft and a lot size of 0.05. 1723 Spruce Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 19103 which is in Philadelphia, PA

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