1223 Spruce Street
1223 Spruce Street
$1,500,000
—
3,455
3,455
$434
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...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.
- Listed by Vasili G Barbounis • KW EmpowerP: 2154391002 vasili@centercitylistings.com
Property Details for 1223 Spruce Street
Tax ID Number
881518600
OwnershipFee Simple
Structure TypeOther
StyleOther
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Total Parking Spaces0
Location
LISTING UPDATED: 05/21/2024 09:37 AM
Property Details for 1223 Spruce Street
Status | Active |
---|---|
MLS # | PAPH2208230 |
Days on Market | 460 |
Taxes | $11,674 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1880 |
Lot Size | 0.04 AC / 1,927 SF |
County | Philadelphia County |
Location
Building Information for 1223 Spruce Street
Stories-Residences4Year Built1880Building Size-Lot Size0.04 AC / 1,927 SF
Payment Calculator
$9,159 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1223 Spruce Street
Property History for 1223 Spruce Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1223 Spruce Street
Taxable ValueLand$250,200Additions$583,800Total$834,000
Tax Record2023$11,674 ($973 / month)
Home Facts
Total Finished SqFt3,455 SqFtAbove Grade Finished SqFt3,455 SqFtStories3Lot Size1,927 SqFtStyleMulti-Family Res (5+ Units)Year Built1880ZoningCMX1CountyPHILADELPHIAAPN88-1-5186-00
Schools near 1223 Spruce Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
McCall Gen George A School PublicK to 8 | ||
Franklin Benjamin High School Public9 to 12 | ||
Academy At Palumbo Public9 to 12 | ||
Creative And Performing Arts Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.