PA > Philadelphia
Philadelphia, PA 19107,1223 SPRUCE ST
Philadelphia, PA 19107,1223 SPRUCE ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
27
Dec
Sat
28
Dec
Sun
29
Dec
Speicher Group

Speicher Group

Speicher Group of Real Broker LLC

+1(808) 495-7345
$1,500,000
Est. payment /mo
3,455 SqFt
Save

UPDATED:

12/10/2024 02:20 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,455 sqft

Price per Sqft $434

MLS Listing ID PAPH2208230

Style Other

Abv Grd Liv Area 3,455

Originating Board BRIGHT

Year Built 1880

Annual Tax Amount $11,674

Tax Year 2023

Lot Size 1,927 Sqft

Acres 0.04

Lot Dimensions 22.00 x 89.00

Property Description

WASHINGTON SQUARE WEST :: Premier Location :: 5 Unit Multi-Family :: Zoned CMX-1 :: Rare Opportunity :: This circa 1880’s 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 & UPENN’s 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.

Location

State PA

County Philadelphia

Area 19107 (19107)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Other

Cooling Other

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881518600

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)
Listed by Vasili G Barbounis • KW Empower
agent

Speicher Group

License ID: 324114

+1(808) 495-7345

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

1223 SPRUCE ST

QUICK SEARCH