2131 Spruce Street
Philadelphia, PA, 19103 $ 1,500,000
Bedrooms-- Baths-- Sq 3,636 Monthly Estimate*
$ 10,360
for $1,500,000. This 3,636 square foot building was built in 1890 on a lot size of 0.03.
Excellent investment opportunity in the heart of Fitler Square! 2131 Spruce Street features 5 fully occupied apartments with central air and laundry. Please see the rental information below: Unit 1F: 4-bedroom, 4-bathroom, $4k/month, expiration 5/28/27; Unit 2F: Studio, 1 bathroom, $1,595/month, expiration 7/28/27; Unit 2R: 1-bedroom, 1-bathroom, 1,984/month, expiration 6/27/27; Unit 3F: 3-bedroom, 2-bathroom, $3,200/month, expiration 6/27/27; Unit 3R: Studio, 1 bathroom, $1,396/month, expiration 6/27/27. Total monthly rental income is $12,175, producing $146,100 in annual gross rental income. The property is located on one of Center Citys most desirable residential blocks, convenient to Rittenhouse Square, the Schuylkill River Trail, neighborhood parks, restaurants, shopping, universities and major employment centers. A rare opportunity to acquire a fully occupied income-producing property in an exceptional location. Schedule your showing today! Listing contains AI enhanced Photos.
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FeaturesInteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Central
Cooling Central A/C
Possession Settlement
Zoning RM1
Construction Materials Masonry
Year Built 1890
Property Subtype Five Or More Units
Tax Year 2026
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 UNDER CONTRACT
Directions Between 21st and 22nd St on Spruce St.
City PHILADELPHIA
Number Of Units Total 5
MLS Area 19103 (19103)
Lot Size Units Square Feet
Lot Size Square Feet 1440.00
Tax Annual Amount 14508.0
Price Per Sq Ft Total AG 412.54
Vacation Rental Y/N N
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 151
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ExteriorWater Source Public
Type of Parking None
Foundation Details Other
Water View Y/N N
Building Area Total 3636.00
Lot Dimensions 19.00 x 91.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 221100.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Bymccann@mccannteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $10,360
- Monthly Property Taxes
- $1,209
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 NearbyCommerical listings in Philadelphia, PA
Average List Price $1,160,021
Percent of Sale Price 23%
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.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/28/2026 | $1,500,000 | | Listed Price |