Prudential Fox and Roach Realtors

PRUFOXROACH WEBSITES

Property Details

1602 SPRUCE ST, PHILADELPHIA, PA - / - $2,055,000

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James Labonski
Center City-Society Hill
Office : 215-627-6005

Direct: (215) 521-1552

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Location! Location! Location! Incredible investment property in Rittenhouse Square. 6 units w/ 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.

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