Description
A chance to own a rare piece of history and an amazing passive income. PhillyLiving is proud to present the exclusive sale of 2134 Spruce Street, a historic gem built by famed architect Frank Furness during the 19th century. If you are looking for a lucrative investment opportunity in one of the hottest residential areas of Philadelphia, look no further than this 8-unit building in Fitler Square. The entire building is under one master lease for 3 years, starting in May 2020. It includes two studio units, two 2 bedroom units, and four 1 bedroom units. Units boast beautiful fireplaces, high-end finishes, skyline views, and a gorgeous shared private rear terrace/garden. This recently renovated 8-unit building is located in the quaint neighborhood of
Fitler Square, steps away from Rittenhouse Square Park, Fitler Square Park, the Schuylkill River Trail, and some of the best restaurants and bars in the city.
Price: $3,300,000
Square Feet: 5,712 sq. ft.
Scheduled Income, 2021: $183,750
Scheduled Income, 2022: $192,500
Total Expenses: 36,000/year
Occupancy: 100%
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 9th March, 2021 4:24 AM
