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Listed by Michael McCann • KW Empower
$ 1,500,000
Est. payment | /mo
1,440 Sqft Lot
$ 1,500,000
Est. payment | /mo
1,440 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Fitler Square
MLS Listing ID PAPH2675122
Year Built 1890
Annual Tax Amount $14,508
Tax Year 2026
Lot Size 1,440 Sqft
Acres 0.03
Lot Dimensions 19.00 x 91.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
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.
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.
Location
State PA
County Philadelphia
Area 19103 (19103)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881546200
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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