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1223 Spruce Street Philadelphia, PA $ 1,500,000
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$ 1,500,000 Get more info
1223 Spruce Street
$ 1,500,000
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1223 Spruce Street

Philadelphia, PA, 19107
$ 1,500,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 9,969

1223 Spruce Street, Philadelphia, PA 19107 - Image 1
1223 Spruce Street, Philadelphia, PA 19107 - Image 2

Multi-Family Home for sale in Philadelphia, PA

for $1,500,000 with 4 bedrooms. This home was built in 1880 on a lot size of 0.04.

WASHINGTON SQUARE WEST :: Premier Location :: 5 Unit Multi-Family :: Zoned CMX-1 :: Rare Opportunity :: This circa 1880s converted estate home is an ideal value -add to your portfolio. Many original features are still intact while featuring high ceilings, large windows providing abundant natural light, ideal floorplans within a premier location! Potential tenants flow from 2 medical schools (Jefferson & UPENNs Pennsylvania Hospital systems), professional employment centers (Financial & Law Office corridor) , U of the Arts and hubs for public transit (both major subway lines, bus routes, trolleys and biking lanes). Walk & Transit Score of 100 & a Bike score of 91! In addition, this property has untapped potential for even more interior square footage in the basement, on the 4th floor (currently a double height living space) & the rear of the building for expansion on the second & third floors, vastly increasing value and income. Property is maintained with recent upgrades to the heating system, new hot water heaters, new windows where needed. Currently fully occupied and a proforma with all income & expenses, and other details is attached. Please reach out for further information & details.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 11,674

Style

Lot Size

0.04

Year Built

1880

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2208230
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating Other
Cooling Other
Possession Settlement
Zoning CMX1
Architectural Style Other
Construction Materials Masonry
Year Built 1880
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions GPS
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 4
MLS Area 19107 (19107)
Lot Size Square Feet 1927.00
Waterfront Y/N N
Street Name SPRUCE
Tax Annual Amount 11674.0
Two Bedroom 1
Structure Type Other
Price Per Sq Ft Total 434.15
Vacation Rental Y/N N
Days on Market 449
Standard Status Active
Year Built Source Assessor
Tax Lot 104
Buyer Agent Compensation Type % Of Gross
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Exterior
Pool No Pool
Water Source Public
Type of Parking None
Foundation Details Other
Water View Y/N N
Lot Dimensions 22.00 x 89.00
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 250200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1223
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* Excluded Features
List By
Kw Empower

Broker

vasili@centercitylistings.com

Email

Affordability Calculator

$10,942
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,969
Monthly Property Taxes
$973
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
3533249 Elementary School
3533189 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/1/2023$1,500,000 Listed Price

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1223 Spruce Street, Philadelphia, PA, 19107 is a Multi-Family Home for sale at $1,500,000 with a lot size of 0.04. 1223 Spruce Street has 4 bedrooms, 0.0 baths, and was built in 1880. The property's zip code is 19107 which is in Philadelphia, PA

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