1926 Spring Garden Street, PHILADELPHIA, PA

$1,450,000

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5,500

Square feet

0.01

Acres

About 1926 Spring Garden Street

Welcome to a rare opportunity to own a piece of history in one of Philadelphia's most sought-after neighborhoods! This six-unit historic condo building exudes charm and character, offering a unique blend of historic architecture, modern amenities, and a prime location. Nestled in the vibrant Art Museum area, this property enjoys proximity to world-class museums, iconic landmarks such as the Philadelphia Museum of Art and the Barnes Foundation, trendy restaurants, cafes, and boutique shops. With easy access to public transportation and major highways, residents enjoy the convenience of city living at its finest. Built with timeless elegance, this historic condo building pays homage to its storied past. Each unit within the building offers a unique living experience, with spacious layouts and abundant natural light. Modern conveniences abound, including fully equipped kitchens with stainless steel appliances, cozy living areas, and in-unit washer/dryer for added convenience. This building is more than half occupied , providing an immediate source of rental income for investors or a solution for those seeking to enjoy the benefits of city living. Annual income capacity 120-130K. Also, each unit is deeded separately as a condominium but are currently being rented. Tenants relish in the charm of their individual units while indulging in the vibrant neighborhood atmosphere. The top floor unit presents an exciting opportunity for additional income as an Airbnb rental. With its prime location and well-appointed amenities, this unit offers guests a comfortable retreat in the heart of Philadelphia's cultural hub, making it a lucrative investment opportunity for savvy buyers. Residents of the building enjoy access to a beautiful quaint shared courtyard, perfect for outdoor gatherings, al fresco dining, or simply enjoying a bit of tranquility. Current rental income from the occupied units provides a stable foundation for investors, with the potential for increased revenue through short-term rentals or future appreciation in property value. Schedule your private showing today and discover the timeless allure of this historic condo building in the heart of the Art Museum area. Whether you're seeking an investment opportunity or a place to call home, this property offers the best of Philadelphia living.

Features of 1926 Spring Garden Street

MLS® # PAPH2346784
Price $1,450,000
Bathrooms 0.00
Square Footage 5,500
Acres 0.01
Year Built 1925
Type Commercial Sale
Sub-Type Five Or More Units
Status Active

Community Information

Address 1926 Spring Garden Street
Area 19130
Subdivision ART MUSEUM AREA
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19130

Amenities

Utilities Electric Available, Natural Gas Available
Parking Private
Is Waterfront No

Interior

Heating Heat Pump(s)
Cooling Central A/C
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Brick and Siding
Roof Flat

School Information

District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information

Zoning RM1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKW Empower

Listing Map

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