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1723 Spruce St
Philadelphia, PA 19103
Multifamily Property For Sale
·
9 Units
EXECUTIVE SUMMARY
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 plus separate utilities. 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.
PROPERTY FACTS
| Price Per Unit | $442,041 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.05 AC |
| No. Units | 9 | Building Size | 6,970 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1890 |
| Apartment Style | Mid-Rise | ||
| Zoning | I3, County | ||
| Price Per Unit | $442,041 CAD |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 6,970 SF |
| No. Stories | 4 |
| Year Built | 1890 |
| Zoning | I3, County |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 733 |
| 2+1 | 5 | - | 1,032 |
PROPERTY TAXES
| Parcel Number | 881542600 | Improvements Assessment | $1,589,191 CAD |
| Land Assessment | $681,082 CAD | Total Assessment | $2,270,272 CAD |
PROPERTY TAXES
Parcel Number
881542600
Land Assessment
$681,082 CAD
Improvements Assessment
$1,589,191 CAD
Total Assessment
$2,270,272 CAD
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