1308 Spruce St, Philadelphia, PA 19107

$1,550,000
9
BD
6
BA
5,550
SqFt
List Price
$1,550,000
Days on Market
30
Status
PENDING
MLS#
PAPH2109672
Bedrooms
9
Bathrooms
6
Full Baths
6
Living Area
5,550
Lot Size (Acres)
0.05
Style
Straight Thru
Year Built
1860
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Live, Work & Generate Rental Income in this Prime Center City location of Washington Square West. Featuring 2-CAR PRIVATE PARKING, street to street from Spruce St to Cypress St, this Mix Use Building features an Office & 3 Residential Apartments. Pride of Ownership is evident throughout this well-maintained building whereby the current owners have updated all the units to modern standards. This is a rare opportunity to own this Prime Center City Brownstone building for an owner-occupant to reside in Unit 1R & operate your professional business from the first floor office and allow the monthly rental income of the 2 additional units to off-set the mortgage. CMX-2 Zoning would also allow you to operate your business in as a professional unit such as architect, engineer, psychologist, advertising agency, photographer and many other options. The building is comprised of a first-floor front office with 1 Bathroom, (1) 3 Bedrooms & 2 Bathrooms, (1) 1 Bedroom & 1 Bathroom and (1) 4 Bedrooms & 2 Bathrooms. Located on the first-floor front is 1F which is comprised of an office with 1 Bathroom & is currently rented for $962/month and will be available for occupancy. In the rear of the building, is Unit 1R which is like a modern townhome compromised of 3 bedrooms & 2 bathrooms on 3 levels plus access to the rear yard. You can arrive home to your unit from the rear of the property which is where the 1 car private parking is located. On the 2nd floor front is unit 2 F, which is a very large 1 bedroom & 1 bathroom which includes 1 car parking and currently rented for $1583/month. On the 3rd floor is Unit 3F, which is 4 – 5 bedrooms & 2 bathrooms & rent will increase to $1854/month on June 1. All residential units are equipped with modern kitchens with Refrigerators, Dishwashers & Gas Range, updated & modern bathrooms, private laundry to include washer & dryer, hardwood floors & high ceilings with excellent natural sunlight. Turn-key operation with all separate utilities for each unit. Access to the basement with mechanicals and provides additional storage. Walkers Paradise with 100 score, Transit Score of 99 and Bike Score of 89 contributing to the ease of renting. Only moments to Broad St to access Center City or South to the stadiums & PATCO @ Locust St. Just moments to restaurants, such as Vetri Cucina, Mercato, coffee shops, Nearby parks include Seger Playground & dog park, Julian Abele Park and 1705 Rodman St. Park. This location provides super easy access to Center City, Midtown Village, Ave of the Arts Theaters & entertainment.

Additional Information

Area
19107 (19107)
Subdivision
Washington Sq West
Taxes
$15011
Interior Features
Combination Dining/Living, Curved Staircase, Kitchen - Island, Soaking Tub, Tub Shower, Wood Floors
School District
The School District Of Philadelphia
Fireplaces
1
Flooring
Wood, Ceramic Tile
Exterior Features
Exterior Lighting, Sidewalks, Street Lights
Heating
Central, Baseboard - Electric
Heating Fuel
Natural Gas
Cooling
Central A/C, Multi Units, Window Unit(s)
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX @ HOME.

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