925 SPRUCE STREET

$625,000

925 SPRUCE STREET

4 Beds 3,000 Sq.Ft.

Description

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.

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Location

925 SPRUCE STREET, PHILADELPHIA, PA 19107

Status

Active Under Contract

Ksenia Scorsolini

TITLE

REALTOR®

PHONE

(215) 485-1920

[email protected]

CONTACT AGENT

Property Amenities

Interior

Appliances Gas Water Heater

Total Bedrooms: 4

Area & Lot

Total area 3,000 Sq.Ft.

Lot Area 1,536 Sq.Ft.

Living area 3,000 Sq.Ft.

MLS® ID PAPH2542870

Year Built 1870

School District PHILADELPHIA CITY

Architecture Styles Traditional

Type Multi-Family

Status Active Under Contract

Exterior

Pool None

Air conditioning Central Air, Electric

Heat type Natural Gas, Forced Air

Water Source Public

Sewer Private Sewer

Parking Driveway

Finance

Sales Price $625,000

Real Estate Tax $14,231 yearly

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$625,000

925 SPRUCE STREET

Description

Share Property

Location

Status

Ksenia Scorsolini

Property Amenities

Interior

Area & Lot

Exterior

Finance

Schedule a Showing

Schedule a Showing

Mortgage Calculator

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