1723 Spruce Street

Philadelphia, PA 19103

$3,075,000
Price
Beds
6,970 Sq. Ft.
$441 / Sq. Ft.
6,970
Sq. Ft.
$441
per Sq. Ft.

Description

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, separate utilities. $187,000 annual rent roll. Property is updated throughout with gorgeous original details. The property runs to street to street, to manning street. there...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, separate utilities. $187,000 annual rent roll. 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.
  1. Listed by Jim Onesti • KW Empower
    P: 4844296769 jonesti@mccannteam.com

Property Details for 1723 Spruce Street

Tax ID Number
881542600
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
11-14-2023
Subdivision
RITTENHOUSE SQUARE

Location

Listing Courtesy of KW Empower
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LISTING UPDATED: 04/22/2024 11:43 AM

Property Details for 1723 Spruce Street

StatusActive
MLS #PAPH2290906
Days on Market189
Taxes$26,832 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1890
Lot Size0.05 AC / 2,368 SF
CountyPhiladelphia County

Location

Listing Courtesy of KW Empower
Add your commute

Building Information for 1723 Spruce Street

Stories-Residences4Year Built1890Building Size-Lot Size0.05 AC / 2,368 SF

Payment Calculator

$19,018 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,782

Property Taxes

$2,236

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1723 Spruce Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19103 (19103)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $1,916,900
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $1,341,830
  • City Town Tax: $12,109
  • Land Assessed Value: $575,070
  • Clean Green Assessed: No
  • Land Use Code: CA0
  • Zoning: RM4
  • Tax Lot: 19
  • School Tax: $14,723
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 5
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 6,970.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 23.00 x 104.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1411495
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.McCannTeam.com

Property History for 1723 Spruce Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1723 Spruce Street

Taxable ValueLand$575,070Additions$1,341,830Total$1,916,900
Tax Record2023$26,833 ($2,236 / month)
Home Facts
Total Finished SqFt6,970 SqFtAbove Grade Finished SqFt6,970 SqFtStories4Lot Size2,368 SqFtStyleMulti-Family Res (5+ Units)Year Built1890ZoningRM4CountyPHILADELPHIAAPN88-1-5426-00

Schools near 1723 Spruce Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 8
Public - 5 to 8
Rating
School
Distance
Greenfield Albert M School
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Meehan Austin Middle School
Public7 to 8

Middle Years Alternative School
Public5 to 8

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.

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1723 Spruce Street is a multi-family home for sale in Philadelphia, PA 19103. This property was listed for sale on October 30, 2023 by KW Empower, it's currently listed at $3,075,000. It has been on the market for a total of 189 days and was last sold on May 7, 2002. This listing's school district is Philadelphia City School District. Nearby schools include Greenfield Albert M School, Franklin Benjamin High School and Meehan Austin Middle School. 1723 Spruce Street is a 0-bed, 0-bath, 6,970 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Empower

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.