About 925 Spruce St
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.
Features of 925 Spruce St
| MLS® # | PAPH2542870 |
|---|---|
| Price | $625,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,000 |
| Acres | 0.04 |
| Year Built | 1870 |
| Type | Multi-Family |
| Sub-Type | Triplex, Interior Row/Townhouse |
| Style | Traditional |
| Status | Active Under Contract |
Community Information
| Address | 925 Spruce St |
|---|---|
| Area | 19107 |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19107 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C |
| Fireplace | Yes |
| # of Fireplaces | 3 |
| Has Basement | Yes |
| Basement | Other |
Exterior
| Foundation | Other |
|---|
School Information
| District | PHILADELPHIA CITY |
|---|
Additional Information
| Zoning | RM1 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Elfant Wissahickon-Rittenhouse Square |
|---|---|
| Contact Info | 2158939920 |