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5023 SPRUCE ST Philadelphia, PA 19139
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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,480 sqft
Price per Sqft $86
Subdivision Walnut Hill
MLS Listing ID 1000115028
Sold Date 03/15/18
Style Other
HOA Y/N N
Abv Grd Liv Area 3,480
Originating Board TREND
Year Built 1925
Annual Tax Amount $4,414
Tax Year 2017
Lot Size 2,000 Sqft
Acres 0.05
Lot Dimensions 20X100
Property Description
Located on a tree-lined block, 5023 Spruce Street offers opportunity to own a 4-unit residential building while monetizing on a little sweat equity. Priced considerably lower than comparable properties (5006 Spruce St settled for $365,000 in similar condition), this property is currently used as doctor's office on the first floor, with two residential units above; however, this is a LEGAL 4-UNIT RESIDENTIAL building. Utilities are all separate, and converting the two first floor units, which remain separate, will not take much effort. Located conveniently close to universities, public transportation, parks and shopping. Potential rents listed. Current tenants in the process of vacating.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning RSA3
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Natural Gas
Heating Gas
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 602102405
Ownership Fee Simple
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Bought with Nanxing Wei • Panphil Realty, LLC
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