Address
1831 Mutli-Unit Spruce Street, Philadelphia, PA
Price
$ 1,550,000
Property Attributes
- MLS#PAPH2275468
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19103
- NeighborhoodRittenhouse Square
- Zip19103
- Style
- Year Built1912
- Taxes$ 11581
- Price$ 1,550,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Lot Size871 SqFt
Data Source:
Bright MLS
Property Description
This is a rare opportunity to own a masterfully renovated multi-unit property in the heart of Rittenhouse Square. Originally built in 1912 and fully renovated by Gardner Fox Architects and McCroubrey Overholser. This property offers approximately 3,000SF of flexible living space with over $900,000 in renovations and updates. This stunning building is currently configured as a duplex, but could easily be converted into a chic single family residence. There are 4 floors of finished living space consisting of 2 bi-level units, each unit with outdoor space. Unit 1: 1-2 Bedrooms, 2 Full Bathrooms. The main level boasts beautifully outfitted living space with a tray ceiling, custom built-ins, plantation shutters, Brazilian hardwood floors, cherry cabinets, a gas fireplace with marble surround, wet bar and kitchenette, a bedroom, a full bathroom and a slate patio out back. There is also a fantastic dressing area with vanity and adjacent make-up vanity, spacious closet with custom closet built-ins, washer and dryer. The lower level is charming with exposed brick, a living room area, a full bathroom and a gorgeous kitchen space designed by Society Hill Kitchens. This level has a laundry hook-up, cedar closet and additional storage. There is a separate entrance for this level that leads to the patio. This property can also be accessed from Manning St. Providing a separate entrance for the lower level which can be used as a fantastic living space for in-laws, au pair suite or overnight guests. Unit 2: 3-4 Bedrooms, 2 Full Bathrooms. Main level offers Bamboo floors, exposed brick wall, surround sound, a custom kitchen with cherry cabinets, granite countertops, porcelain back splash and stainless steel appliances. Located just beyond the kitchen is a den / bonus room with sliding glass doors that lead to a lovely shared deck. This room has been used as a 4th bedroom in the past. The upper level is currently configured with 3 bedrooms, custom California closet systems and a full bathroom and laundry. Great for investors or owner occupied with rental income generated by the other unit. Also the perfect set up for multi-generational living or an au pair suite. Just steps from Rittenhouse Square and a 4-minute walk to the University of Penn Shuttle stop located at 20th and Locust. Enjoy all that Rittenhouse Square offers with fantastic restaurants, cafes, farmers market and various events throughout the year.
| Price History | |
|---|---|
| 9/8/2023 | Listed $1,600,000 |
| 10/31/2023 | 4% - $1,550,000 |
General Features
| Interior Features | 2nd Kitchen,Additional Stairway,Built-Ins,Wet/Dry Bar,Wood Floors |
|---|---|
| Sewer | Public Sewer |
| Heating | Baseboard - Hot Water,Baseboard - Electric |
| Cooling | Central A/C |
| Possession | Immediate,Negotiable |
| Zoning | RM4 |
| Pool Y/N | No Pool |
| Patio/Porch Features | Deck(s),Patio(s) |
| Architectural Style | Other |
| Construction Materials | Brick |
| Year Built | 1912 |
| Electric | Underground |
| Property SubType | Duplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| OwnerPays | Insurance |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | RITTENHOUSE SQUARE |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade |
| Status | ACTIVE |
| Directions | Located closer to 19th. |
| ModificationTimestamp | 2024-03-30T10:00:42 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| Total Units | 2 |
| MLS Area | 19103 (19103) |
| Lot Size Square Feet | 1036.00 |
| Tax Assessed Value | 827400.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 1 |
| Street Name | SPRUCE STREET |
| Property Attached Y/N | Yes |
| Tax Annual Amount | 11581.0 |
| Two Bedroom | 1 |
| Structure Type | Interior Row/Townhouse |
| NumberOfUnitsVacant | 1 |
| Other Units | Unit 1,Unit 2 |
| Price Per Sq Ft | 508.86 |
| Vacation Rental Y/N | No |
| Virtual Tour | https://adobe.ly/2EzOJ2b |
| Total SQFT | 3046 |
| Days on Market | 237 |
| Lease Type | Yearly,Long Term |
| Standard Status | Active |
| Year Built Source | Estimated |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Basement | Full,Outside Entrance,Fully Finished |
| Flooring | Wood,Tile/Brick |
| Total Fireplaces | 1 |
| Hot Water | Natural Gas |
| Total Stories | 4 |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
| Three Bedroom Units Count | 1 |
| Laundry Type | Washer In Unit,Dryer In Unit,Hookup |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Foundation Details | Brick/Mortar |
| Water View Y/N | No |
| Lot Dimensions | 19 X 56 |
| Lot Size Acres | 0.02 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Estimated |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Primary Bedroom | Unspecified |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19103
Price
Taxes
Visits
Year Built
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