Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    2

  • 1/2 Bathrooms

    1

  • Above Grade Finished Area

    2226.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street, Assigned, Private, Secured, Parking Lot

  • Patio and Porch Features

    Patio

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Lot Size(square feet)

    1,189

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Colonial, Traditional

Price

  • Sales Price

    $965,000

  • Tax Amount

    $13,001

  • Sq. Footage

    2,226

  • Price/SqFt

    $433

HOA

  • Association

    YES

  • Association Fee

    $400

  • Association Fee Frequency

    Annually

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Association Amenities

    Gated

  • Foundation Details

    Other

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    2S5A

  • Water Source

    Public

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Listing Courtesy of Sharon A Laudenbach, Compass Pennsylvania, LLC

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Welcome to 239 Spruce Street, a charming gem nestled in the historic streets of Society Hill, Philadelphia. This beautifully maintained home, lovingly cared for by its original owners, boasts four spacious bedrooms and two and a half bathrooms, all within 2,226 square feet of living space.
Step inside to discover beautiful original hardwood floors that flow seamlessly throughout most of the home. The bright kitchen is situated in the front of the home while the formal living and dining rooms feature a cozy wood-burning fireplace, perfect for those chilly evenings. Enjoy easy access to the outdoors through sliding doors that lead to a private garden with pergola, ideal for relaxation and entertaining, and with direct access to gated private parking with one deeded spot. The first floor is complete with a powder room and convenient storage closet. 
Head up the gorgeous  classic wood staircase to find the  2nd floor with the bright main bedroom,  offering a Juliet balcony, an updated bathroom, and plenty of closet space.  This floor also features the 2nd bedroom, currently being used as a beautiful office with custom built-in solid wood library cabinets.  Head up to the 3rd floor featuring the 3rd and 4th spacious and bright bedrooms and full hallway bathroom.  The home features a pull-down, walk-up attic for plenty of storage!!
Additional amenities include a brand new heating system and assigned parking, ensuring comfort and convenience. With its perfect blend of historic charm and modern amenities, this home is the perfect place to create lasting memories. Don’t miss the opportunity to make 239 Spruce Street your new home in the heart of Philadelphia.

239 SPRUCE STREET

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4-UNIT MULTIFAMILY PORTFOLIO



Somerton | Philadelphia, Pennsylvania



Asking Price



$920,000



Investment Highlights



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    ●    Portfolio includes:

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    ●    Each duplex features:

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    ●    Two private garages

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    ●    Identical floor plans for efficient management

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    ●    Convenient access to SEPTA Regional Rail, shopping, restaurants, schools, and major highways

    ●    Strong rental demand with excellent long-term investment potential



Financial Summary



Gross Annual Income: $87,500



Annual Operating Expenses: Approximately $12,500



Net Operating Income (NOI): Approximately $75,000



Asking Price: $920,000



Cap Rate: Approximately 8.33%



Investment Opportunity



This is a rare opportunity to acquire a well-maintained, income-producing multifamily portfolio in one of Northeast Philadelphia’s most desirable rental markets. The properties offer stable cash flow, low operating expenses, and upside potential through future rental growth. Whether you’re expanding an existing portfolio or completing a 1031 exchange, this asset presents an attractive investment opportunity.



Closing



Seller is seeking a fast closing. Qualified buyers are encouraged to provide proof of funds or financing pre-approval prior to scheduling property tours.



For additional information, including the rent roll, operating statements, or to arrange a private showing, please contact the listing agent.
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*TAX ABATEMENT*
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