Turnkey Corner Apartment
1933-5 Spruce Street Philadelphia, PA 19103
1933-5 Spruce Street, Philadelphia, PA, 19103
$3,400,000
For Sale
$3,400,000
Fully-leased, renovated multifamily building on a hard corner with a balanced mix of studio and one- and two-bedroom units.
Days on Market91
Property Features for 1933-5 Spruce Street
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1860
Listing agency
Keller Williams Liberty Place
Listed by
Ryan J McManus
Source
Deepcreeklake
Added: Apr 23 Updated: Jul 10 at 1:49PM Checked: Jul 19 at 6:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Liberty Place
Investment Insights
Based on property information with market context.
1933-5 Spruce Street is a turnkey multifamily property with ten fully-leased apartments that have been renovated. The unit mix includes two studio units, two two-bedroom/two-bath units, and six one-bedroom/one-bath units, providing flexibility for a range of tenant needs. The offering is described as having minimal deferred maintenance, supporting a practical, operations-ready setup for an owner-operator or investor.
The building is located on a hard corner at 20th & Spruce Streets in Philadelphia. Public remarks note the asset is approximately 1.5 blocks from Rittenhouse Square Park, placing it within walking distance of the neighborhood’s retail, dining, and entertainment destinations.
With a boutique scale and an established tenant roster, the property is positioned for buyers seeking a straightforward multifamily holding. The provided configuration—studios alongside one- and two-bedroom layouts—can support consistent demand across multiple household types, while the renovated interiors and stated low maintenance profile are useful considerations for long-term stewardship.
The building is located on a hard corner at 20th & Spruce Streets in Philadelphia. Public remarks note the asset is approximately 1.5 blocks from Rittenhouse Square Park, placing it within walking distance of the neighborhood’s retail, dining, and entertainment destinations.
With a boutique scale and an established tenant roster, the property is positioned for buyers seeking a straightforward multifamily holding. The provided configuration—studios alongside one- and two-bedroom layouts—can support consistent demand across multiple household types, while the renovated interiors and stated low maintenance profile are useful considerations for long-term stewardship.
Key Highlights
- 10‑unit multifamily building at 1933‑5 Spruce St, built in 1860
- Fully leased and renovated with minimal deferred maintenance, per remarks
- Unit mix: 2 studio, 2 two bed/2 bath, and 6 one bed/1 bath units
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
1031 exchange properties
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Fully-leased, renovated multifamily building on a hard corner with a balanced mix of studio and one- and two-bedroom units.
Where is this apartment building located?
The property is located at 1933-5 Spruce Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 10‑unit multifamily building at 1933‑5 Spruce St, built in 1860; Fully leased and renovated with minimal deferred maintenance, per remarks; Unit mix: 2 studio, 2 two bed/2 bath, and 6 one bed/1 bath units
