1725 Spruce St
  • Philadelphia, PA 19103
$1,999,000
0.05 acres | 5,050 sqft
  • Details
    • City
      Philadelphia
    • County
      Philadelphia
    • Property Class
      Commercial Sale
    • Status
      Active
    • Subdivision
      Rittenhouse Square
  • Additional Information
    • Buildings:
      1
    • Hot Water:
      Natural Gas
    • Lot Area Acreage:
      0.05
    • Lot Dimensions:
      20X105
    • Ownership:
      Fee Simple
    • Sale Includes:
      Land Only
    • Sewer:
      Public Sewer
    • Type:
      Commercial Sale
    • Water:
      Public
    • Zoning Code:
      Rm4
  • Dimensions

    Room List: Master Bedroom

  • Fees
    • Tax Year:
      2017
    • Total Taxes:
      $12,240
  • Description

    This fabulous Rittenhouse Square brownstone building is fully occupied at 5050 square feet, perfect for investors! With first floor law offices and finished basement plus 6 apartments above, all rented, for instant rental income. The lot is 21x104, very good condition. Gross Rent is around 11, 000/month. A rare investment opportunity for investors, home owner or condo conversion. Local sales $800/sq. ft. or more. Rear egress and handicap ramp, roof deck too! Beautiful and prestigious location. 2nd and 3rd floor roofs replaced in 2015 with 10-year warranty. Fire escape certified.

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About this Area

Rittenhouse Square

After someone moves to Rittenhouse Square, long Philadelphia’s most exclusive neighborhood, it seems the Square has a way of becoming the center of their universe, the sun around which everything else revolves. OK, perhaps that’s an overstatement, but talk to long-time residents and they are quite clear that this is the only place they would consider buying a luxury condo in Center City...

Philadelphia

Statistics

Price range:
  • Average Days on Market Residential

    122 October 2017
    -10.1 % since
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    -10.1 % since October 2016
  • Average Price per SqFt Residential

    $510 October 2017
    +4.7 % since
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    +4.7 % since October 2016
  • Total Monthly Inventory October 2017

    360
    Total Units
    +72.2 % since
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    +72.2 % since October 2016
  • New Listings Residential

    53 October 2017
    +82.8 % since
    Select a date range above
    +82.8 % since October 2016
  • Percent of Asking Price Residential

    96 % October 2017
    -0.3 % since
    -0.3 % since October 2016
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Local Information

Local Information

Understand the educational environment and opportunities around this area before moving in.
Independence CS
Type: Charter
Level: K-8
Crossroads Academy
Type: Private
Level: N/a
Philadelphia Electrical & Tech Charter High School
Type: Charter
Level: 9-12
World Communications Cs
Type: Charter
Level: 6-12
Kindercare Learning Center
Type: Private
Level: K
School of Moorish Science Temp
Type: Private
Level: 1-6
Student Ed Center & Delaware Valley High School Cc
Type: Private
Level: 9-12
Freire Cs
Type: Charter
Level: 5-12
Breath of Life Christian Academy
Type: Private
Level: K, 3-12
Kids World Christian Education Center
Type: Private
Level: PK-5

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Listing courtesy of BHHS Fox & Roach-CtrCty Walnut.

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Data last updated: 11/19/2017.

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