Bought with Nigel T Richards • Compass Pennsylvania, LLC
$980,000
$850,000
15.3%For more information regarding the value of a property, please contact us for a free consultation.
2039 SPRUCE ST Philadelphia, PA 19103
1,934 Sqft Lot
Key Details
Sold Price $980,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAPH2567180
Sold Date 01/23/26
Year Built 1890
Annual Tax Amount $20,519
Tax Year 2025
Lot Size 1,934 Sqft
Acres 0.04
Lot Dimensions 20.00 x 97.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Rare opportunity to own a historic property on one of Rittenhouse Square's most desirable, tree-lined blocks. This classic Spruce Street home is currently configured as a nine-unit multifamily building, consisting of five studios and four one-bedroom apartments. Ideal for a renovate-and-hold investment strategy with strong rental upside or opportunity for conversion to a grand single-family residence
Recent improvements include a new steam boiler ($13k+), a new plumbing stack, and new plumbing installed throughout. Surrounded by some of Philadelphia's finest homes and just steps from Rittenhouse Square, world-class dining, shopping, and cultural attractions.
Location
State PA
County Philadelphia
Area 19103 (19103)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Steam, Radiator
Cooling Wall Unit, Window Unit(s)
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881545300
Ownership Fee Simple
Special Listing Condition Standard
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