520 Spruce Street
Philadelphia, PA, 19106 $ 1,250,000
Bedrooms8 Baths0.0 Monthly Estimate*
$ 7,696
for $1,250,000 with 8 bedrooms. This home was built in 1850 on a lot size of 0.03.
Location, Location, Location! Welcome to 520 Spruce Street, a charming and spacious triplex in the heart of Society Hill, one of Philadelphias most desirable neighborhoods. This historic property features three distinct residences, each blending modern updates with timeless character. Unit 1 (First Floor & Lower Level): Bilevel 3-bedroom, 2-bathroom residence with private entrance. Currently leased for $3,225/month through 8/31/26. Unit 2 (Second Floor): 2-bedroom, 1-bathroom apartment, leased for $2,150/month through 10/30/26. Unit 3 (Third & Fourth Floors): Spacious bilevel 3-bedroom, 3-bathroom residence. Currently leased for $3,250/month through 7/31/26. In total, the property generates $8,625/month or $103,500 annually in gross rental income, making it an excellent opportunity for both investors and owner-occupants. Each unit has been recently upgraded with modern kitchens, while preserving historic details such as high ceilings, original fireplaces, and classic woodwork. Every residence also enjoys private outdoor space, perfect for taking in the serene, tree-lined views of Society Hill. Situated steps from Independence Hall, the Liberty Bell, Washington Square Park, world-class dining, and charming boutiques, this property offers unmatched access to Philadelphias cultural and historic landmarks. Commuting is effortless with quick access to I-95, I-676, I-76, SEPTA bus routes, subway, and regional rail. 520 Spruce Street offers the perfect blend of historic charm, modern amenities, and strong rental income in one of Philadelphias premier neighborhoods, a true gem for any investor or future owner.
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FeaturesGeneralLiving Area 2508
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate
Zoning RM1
Architectural Style Unit/Flat
Construction Materials Masonry
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Year Built 1850
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name SOCIETY HILL
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions between 5th & Spruce St
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19106 (19106)
Lot Size Units Square Feet
Lot Size Square Feet 1370.00
Tax Annual Amount 12789.0
Two Bedroom 1
Structure Type Other
Price Per Sq Ft Total AG 498.41
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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InteriorHeating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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ExteriorPool No Pool
Parking Features Public Unassigned
Water Source Public
Type of Parking On Street
Water View Y/N N
Lot Dimensions 17.00 x 82.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByBhhs Fox & Roach-Center City WalnutBroker
frank@centercityteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,696
- Monthly Property Taxes
- $1,066
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Philadelphia, PA
Average List Price $570,284
Percent of Sale Price 54%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/1/2025 | $1,250,000 | | Listed Price |