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Active Under Contract

2131 SPRUCE STREET

2131 SPRUCE STREET, PHILADELPHIA, PA 19103

$1,500,000
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 City's 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.

3,636 Sq.Ft. LIVING AREA

1,440 Sq.Ft. lot

Mike McCann

Mike McCann

Features & Amenities

Area & Lot

  • Status Active Under Contract
  • Living Area3,636 Sq.Ft.
  • Total Area3,636 Sq.Ft.
  • Lot Area1,440 Sq.Ft.
  • MLS® IDPAPH2675122
  • TypeCommercial
  • YEAR BUILT1890
  • NeighborhoodFitler Square
  • School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA

Exterior

  • water SourcePublic
  • parkingNone
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral A/C
  • sewerPublic Sewer
  • SubstructureOther
  • Disability FeaturesNone

Financial

  • Sales Price$1,500,000
  • Real Estate Tax $14,508/yr
  • Zoning RM1
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 2131 SPRUCE STREET, PHILADELPHIA, PA 19103. We are reviewing your request and will be in touch shortly!

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Fitler Square

A peaceful, luxurious neighborhood with all of the food, fun, attractions and amenities that the city has to offer.

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