Traditional
925 SPRUCE STREET
PHILADELPHIA , PA 19107
MLS#: PAPH2542870
$625,000
Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1870
Sq.Footage
3,000
OFFER DEADLINE: 12pm Monday 10/6. Investor opportunity in prime Washington Square West - 3 unit multi-family townhouse with 2-car parking. Located in the heart of Washington Square West, this 3-unit multi-family townhouse presents a rare investment opportunity with 2 off-street parking spaces, strong rental potential and value-add upside. Just steps from Center City amenities, this property is ideal for investors looking to add a high-demand asset to their portfolio in one of Philadelphia's most walkable and desirable neighborhoods. Property Layout: Unit 1 (first floor): 1-bedroom, 1-bath flat featuring hardwood floors, large basement, in-unit laundry and access to a rear patio/parking pad. Bedroom in need of renovations due to recent fire on unit above. Unit 2 (2nd floor): 1 bedroom, 1 bath unit with deck in need of major renovation due to recent fire damage. Unit 3 (3rd floor-Bi-level): 2 bedroom, 1 bath unit spanning two levels. Features include an open-concept living/dining space, updated kitchen and top-floor lofted bedroom/office space well-suited for a premium rental or future owner-occupant. The building is separately metered for electric and has a strong rental history and area comps. This property is perfect for an investor looking for a project with high ROI, immediate value-add potential and long-term appreciation in one of Philly's top neighborhoods. Bring your contractor and your vision to restore this home and unlock the full potential of this Washington Sq W asset.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Above Grade Finished Area
3000.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Driveway
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.04
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Traditional
Price
-
Sales Price
$625,000
-
Tax Amount
$14,231
-
Sq. Footage
3, 000
-
Price/SqFt
$208
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Other
-
Sewer
Private Sewer
-
Tax Lot
1231
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Ksenia A Scorsolini , Elfant Wissahickon-Rittenhouse Square
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Owner, Chief Executive Officer, Portfolio Advisor
Todd Polinchock
Call Todd today to schedule a private showing.
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