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5948 Spruce Street

PHILADELPHIA, PA 19139
  • $449,000
  • STATUS: Coming Soon
  • ON SITE: 2 Days
  • ID#: PAPH2456576
Coming Soon
UPDATED: 42 min ago
$449,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,980
    SQFT
  • $227
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

School District:

Description

Fully Renovated Duplex " Ideal Investment or First-Time Buyer Opportunity - Whether you're a savvy investor or a first-time buyer looking to offset your mortgage by living in one unit and renting out the other unit, this is the perfect opportunity!This brand new, fully renovated duplex offers two spacious 3-bedroom units, each featuring:1) Mini-Split Systems: Individual air conditioning and heating systems in every room, ensuring optimal comfort year-round.2) Modern Amenities: New kitchens with quartz countertops, brand-new appliances (dishwasher, refridgerator, microwave, oven), and sleek new bathrooms.3) Convenience: Washer/dryer in each unit, separate electrical boxes, and open concept layouts in each unit!4) Upgrades: New roof, plumbing, electric (200-amp service), recessed lighting, wide plank flooring, and new windows.5) Legal and Approved: All work approved by the City of Philadelphia, ensuring this is a legal duplex.6) Parking Potential: Property is block to block and features a curb cut out back for possible parking in the rear.7) Income Potential: With an estimated total annual rent of $44,400 ($1,850/unit) and a cap rate of 9.8%, this property offers great investment potential. Unit 1 also has access to the huge unfinished basement for additional storage as well as the private back patio. Stop by one of two open houses on 3/22 and 3/23 to see this beautiful property in person!

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Charis Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-03-15T16:53:17.433.
www.charisrealtygroup.com/homes/161364325
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5948 Spruce Street PHILADELPHIA, PA 19139

  • Price: $449,000
  • Status: Coming Soon
  • On Site: 2 Days
  • Updated: 42 min ago
  • ID#: PAPH2456576
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1,980
SQFT
$227
$/SQFT
1965
Built
Neighborhood:
19139 (19139)
County:
Philadelphia
Area:
19139 (19139)
School District:
Philadelphia City
Property Description
Fully Renovated Duplex " Ideal Investment or First-Time Buyer Opportunity - Whether you're a savvy investor or a first-time buyer looking to offset your mortgage by living in one unit and renting out the other unit, this is the perfect opportunity!This brand new, fully renovated duplex offers two spacious 3-bedroom units, each featuring:1) Mini-Split Systems: Individual air conditioning and heating systems in every room, ensuring optimal comfort year-round.2) Modern Amenities: New kitchens with quartz countertops, brand-new appliances (dishwasher, refridgerator, microwave, oven), and sleek new bathrooms.3) Convenience: Washer/dryer in each unit, separate electrical boxes, and open concept layouts in each unit!4) Upgrades: New roof, plumbing, electric (200-amp service), recessed lighting, wide plank flooring, and new windows.5) Legal and Approved: All work approved by the City of Philadelphia, ensuring this is a legal duplex.6) Parking Potential: Property is block to block and features a curb cut out back for possible parking in the rear.7) Income Potential: With an estimated total annual rent of $44,400 ($1,850/unit) and a cap rate of 9.8%, this property offers great investment potential. Unit 1 also has access to the huge unfinished basement for additional storage as well as the private back patio. Stop by one of two open houses on 3/22 and 3/23 to see this beautiful property in person!
Exterior Features

Architectural Style TraditionalStraight Thru Construction Materials Masonry Garage YN No Parking Features Unpaved Parking Types On StreetOff Street Pool No Pool Property Condition Excellent Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1980 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Ductless/Mini-Split Fireplace YN No Heating Other Heating YN Yes Inclusions Washerdryerdishwashersrefridgerators in all units. Single Room Units 0 Three Bedroom Units 2 Two Bedroom Units 0

Property Features

Acceptable Financing FHACashConventionalVA Accessibility Features None Central Air YN No Cooling Fuel Electric Existing Lease Type None Foundation Details Other Heating Fuel Electric Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 0 Number Of Units Total 2 Number Of Units Vacant 2 Original MLSNumber 803688070170 Ownership Interest Fee Simple Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 1212.00 Tax Lot 9088 Total Actual Rent 44400.00 Vacation Rental YN No Water Source Public Zoning RM1

Listing courtesy of Keller Williams Realty Devon-Wayne: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Charis Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-03-15T16:53:17.433.
 
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