Leave a Message

Thank you for your message. We will be in touch with you shortly.

Explore Our Properties
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
2029 SPRUCE STREET
VIEW PHOTOS
$1,850,000

2029 SPRUCE STREET

4,018 Sq.Ft. 1,824 Sq.Ft.

Description

Rarely available Fitler Square brownstone offering a blue chip long-term investment opportunity in one of Philadelphia's most desirable neighborhoods. Situated on a 19' x 96' lot, this seven-unit property consists of three one-bedroom apartments, three studios, and one two-bedroom apartment.

Most units have been updated over the past decade and feature separate split-zone electric heating and cooling. Tenants pay their own electric and cooking gas, while ownership is responsible for water, sewer, and gas hot water (Except Unit 1 with electric hot water heating - tenant responsible). Laundry is available in the building or in-unit.

Rent Roll:
1F: 2 Bed / 1 Bath - $2,575 (Lease Exp. 7/28/26)
1R: Studio / 1 Bath - $1,475 (Lease Exp. 6/27/27)
2F: 1 Bed / 1 Bath - $1,825 (Lease Exp. 6/27/27)
2R: Studio / 1 Bath - $1,575 (Lease Exp. 6/27/27)
3F: 1 Bed / 1 Bath - $1,995 (Lease Exp. 6/27/27)
3R: Studio / 1 Bath - $1,295 (Lease Exp. 6/27/27)
4: 1 Bed / 1 Bath - $1,645 (Lease Exp. 6/27/27)

Current annual operating expenses are approximately $30,261.54, resulting in a Net Operating Income (NOI) of approximately $118,358.46. See the documents section for more details.

Schedule your showing today!

Share Property

Location

2029 SPRUCE STREET, PHILADELPHIA, PA 19103

Status

For Sale

Property Amenities

Interior
Appliances Electric Water Heater, Gas Water Heater
Area & Lot
Total area 4,018 Sq.Ft.
Lot Area 1,824 Sq.Ft.
Living area 4,018 Sq.Ft.
MLS® ID PAPH2640888
Year Built 1890
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Type Commercial
Status For Sale
Exterior
Air conditioning Ductless, Electric
Heat type Electric, Heat Pump
Water Source Public
Sewer Public Sewer
Parking None
Finance
Sales Price $1,850,000
Real Estate Tax $17,497 yearly
image

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 2029 SPRUCE STREET, PHILADELPHIA, PA 19103. We are reviewing your request and will be in touch shortly!

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

All estimates are provided for informational purposes only. Actual amounts may vary.
$0,000 Your Payment 20 15 65
$0,000 Your Payment

Center City

Work With Us

Our team’s unprecedented professionalism, skill, and attention to detail has allowed us to set sales records for the past 30 years. We will ensure your buying or selling experience exceeds your expectations.