Location, Location, Location! Prepare to fall in love with 520 Spruce Street, a charming and spacious triplex located in the heart of Society Hill, one of Philadelphia’s most sought-after neighborhoods. This unique property boasts three distinct units, all with their own character and historic charm. The first floor welcomes you through a historic vestibule private entrance into a large residential space that transitions into a bilevel 3-bedroom, 2-bathroom unit, currently rented for $3,050/month. On the second floor, you’ll find a vacant 2-bedroom, 1-bathroom unit that was last rented for $2,200/month – an ideal option for an owner-occupant looking to subsidize their mortgage payment while make this historic building their home. The third and fourth floors offer a spacious bilevel 3-bedroom, 3-bathroom unit, rented for $3,272/month. Each unit has been recently upgraded with brand-new kitchens while retaining the building's classic features such as high ceilings, historic fireplaces, and charming details throughout. Every unit also includes private outdoor space, perfect for enjoying the serene, tree-lined views of the neighborhood. Situated in Society Hill, this property is surrounded by the city's rich history, with Independence Hall, the Liberty Bell, Washington Square Park, world-class museums, shops, boutiques, and restaurants just steps away. Commuting is a breeze with easy access to I-95, I-676, I-76, SEPTA bus routes, subway, and regional rail. This triplex offers a blend of historic charm and modern convenience in one of Philadelphia’s premier locations – a true gem for investors or owner-occupants alike!
Rare opportunity to acquire this mixed use Old City building with grand proportions, gorgeous apartments and story book ground floor retail space. Fully leased with long term tenants living in three exceptional self contained comfortably proportioned one bedroom apartments all with antique pine floors, wood burning fireplaces, W/D's and oversized baths. High ceilings, large windows and exceptional light. All utilities are separate with the exception of water.
The median home value in Philadelphia, PA is $205,900. This is lower than the county median home value of $223,800. The national median home value is $338,100. The average price of homes sold in Philadelphia, PA is $205,900. Approximately 47.02% of Philadelphia homes are owned, compared to 42.7% rented, while 10.28% are vacant. Philadelphia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Philadelphia real estate agent to arrange a tour today!
Philadelphia, Pennsylvania 19106 has a population of 1,596,865. Philadelphia 19106 is less family-centric than the surrounding county with 20.04% of the households containing married families with children. The county average for households married with children is 21.3%.
The median household income in Philadelphia, Pennsylvania 19106 is $52,649. The median household income for the surrounding county is $52,649 compared to the national median of $69,021. The median age of people living in Philadelphia 19106 is 34.8 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 47.2 inches per year, with 13.1 inches of snow per year.