- Noah Ostroff
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Property Details
- - Price: $1,999,000
- - Neighborhood: Rittenhouse Square
- - Property Tax: $9,055
- - Listing Type: House/Townhome
- - MLS ID: 5876063
- - Square Feet: 5,897
1602 SPRUCE ST, Philadelphia PA 19103
Location! Location! Location! Incredible investment property in Rittenhouse Square. 6 units with positive cash flow. Higher cap rate than most buildings in the neighborhood. Solid turn-key investment. Fantastic location at 16th & Spruce, just steps away from Rittenhouse Square, The Kimmel Center, and Avenue of the Arts. Building has 4 apartments, 1 store, and 1 restaurant. Very Very low maintenance. All apartments are recently renovated with new kitchens and bathrooms, new appliances, new flooring, new mechanicals, new windows, and more. All apartments have separate utilities, full size appliances, washer & dryer, hardwood floors, intercom, central AC & heating. Building has newer electric, plumbing, gas lines, and mechanicals. Beautiful and clean common areas. Entire building is very well maintained and in impeccable condition. Apartment 3F is also perfect for an Owner~~~s Unit~~~2 stories, 2 bedrooms, 2 bathrooms, high ceilings, open floor plan. Roof deck space with one apartment. Easy condo conversion.
Listing Courtesy of Prudential Fox & Roach Realtors-Walnut
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