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.
| MLS # | PAPH2675122 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract-bright |
| Year | 1890 |
| Days On Site | 47 |
| Listing Provided By | KW Empower | Michael R. McCann |
| Basement | Y |
|---|---|
| Units | 5 |
| Zoning | RM1 |
| Acreage | 0.03 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Central |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Other |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 14508 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19103 |
| Area | 19103 (19103) |
| Community Name | RITTENHOUSE SQUARE |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in RITTENHOUSE SQUARE) | |
Price: $1,500,000 low | high Med: $99,052 On site: 47 low | high Med: 372 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19103 |
| Area | 19103 (19103) |
| Community Name | RITTENHOUSE SQUARE |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in RITTENHOUSE SQUARE) | |
Price: $1,500,000 low | high Med: $99,052 On site: 47 low | high Med: 372 | |