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Residential Income Unit with Hardwood Floors
For Lease
$1,745/Mo
Pending

723 SPRUCE STREET #2F, Philadelphia, PA 19106

Apartment features hardwood flooring and on-site laundry, with optional parking available for $225/month.

Space SizeContact for details
Days on Market25

Property Features for 723 SPRUCE STREET #2F

General Information

Standard status Pending
Property subtype Apartment

Amenities

laundry on site
parking available

Building Details

Year Built 1950
Listing Agency: BMB Living, Inc.
Listed By: Marvis Burns
Source: Cummingsrealtors
Added: Jul 20 Changed: Aug 12 Last Checked: Aug 12 at 6:57AM

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 BMB Living, Inc.

Investment Insights

Based on property information with market context.

Available for rent, 723 Spruce Street #2F offers an apartment-style layout with hardwood flooring throughout. The property includes on-site laundry, and the provided photos are of the actual unit. A $500 security deposit is noted, along with a limited-time move-in special.

The building is located along Spruce Street, just one block from scenic Washington Square Park. It is also described as being close to shopping, dining, and entertainment, with all forms of public transportation nearby.

Parking is available for $225/month, subject to availability.

Key Highlights

  • Year built 1950
  • Hardwood flooring throughout
  • On‑site laundry

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Tanning Salon Pet Grooming Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store Veterinary Clinic Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

16,563
Businesses Nearby

Demographics for 19106, PA

15,190
Population
9,913
Households
1.5
Avg Household Size
39
Median Age
80%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
16,878
Density / Sq Mi
$129,779
Median Household Income
$93,953
Median Earnings
$2,219
Median Rent
$528,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Apartment features hardwood flooring and on-site laundry, with optional parking available for $225/month.
Where is this multifamily property located?
The property is located at 723 SPRUCE STREET #2F Philadelphia, PA.
What is the lease rate?
The lease rate is $1,745/Mo.
What are key features of this property?
This property features: Year built 1950; Hardwood flooring throughout; On‑site laundry
More about this property
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