Historic Multifamily Building with
2134 Spruce Street Philadelphia, PA 19103
For Sale
Contact for pricing
Pending
Fully renovated historic building leased under a 3-year term, with eight units expandable to nine and a private rear terrace.
Days on Market105
Property Features for 2134 Spruce Street
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing Agency:
Coldwell Banker Hearthside Lansdale
Listed By:
Deborah Cueto · License #PA RS221764L
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 24 at 6:52AM
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 Coldwell Banker Hearthside Lansdale
Investment Insights
Based on property information with market context.
This historic multifamily building is currently leased for $16.5K per month under the first year of a three-year lease. The property was fully renovated beginning in 2017, with preserved original details and updated finishes. The building is set up with eight units and has the ability to expand to nine units. Skyline views are available from the second and third floors, and the property includes a private rear terrace and garden. The building is also described as being able to be sold fully furnished.
Located at the corner of Spruce and 21st St, the property is accessed via a shared alley. Built in 1889 by architect Frank Furness, the remarks describe preserved exterior and interior elements and note that the work was guided by the Historical Commission.
As a turnkey option for investors, the current lease structure provides near-term income while maintaining the flexibility of unit configuration.
Located at the corner of Spruce and 21st St, the property is accessed via a shared alley. Built in 1889 by architect Frank Furness, the remarks describe preserved exterior and interior elements and note that the work was guided by the Historical Commission.
As a turnkey option for investors, the current lease structure provides near-term income while maintaining the flexibility of unit configuration.
Key Highlights
- Entire building leased for $16.5K/mo ($198/year), with the tenant in the first year of a 3‑year lease.
- Fully renovated starting in 2017 with high‑end finishes while retaining original details like fireplace mantels, staircase, banisters, moldings, wood doors, and tile work.
- Historically significant 1889 building by Frank Furness, built as a double‑house; 28 ft wide property at Spruce and 21st St.
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
FAQs
What type of property is this?
Apartment building - Fully renovated historic building leased under a 3-year term, with eight units expandable to nine and a private rear terrace.
Where is this apartment building located?
The property is located at 2134 Spruce Street Philadelphia, PA.
What are key features of this property?
This property features: Entire building leased for $16.5K/mo ($198/year), with the tenant in the first year of a 3‑year lease.; Fully renovated starting in 2017 with high‑end finishes while retaining original details like fireplace mantels, staircase, banisters, moldings, wood doors, and tile work.; Historically significant 1889 building by Frank Furness, built as a double‑house; 28 ft wide property at Spruce and 21st St.
