Patterson-Schwartz Real Estate5948 Spruce Street, Philadelphia, PA 19139-3834 $449,000
Coming Soon
Interior Sq. Ft: 1,980
Acreage: 0.05
Age:60 years
Taxes: $1,212
Design/Type:
Twin/Semi-Detached
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!
Home Assoc: No
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
Electric, Ductless/Mini-Split, Electric, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
Off Street, On Street
Exterior
Masonry
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (126 schools)
Public Middle (18 schools)
Public High (48 schools)
Private (126 schools)
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This report is a detailed community overview for Philadelphia (19139), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 36
- Average salary of people in this community: $30,970
Community Summary
- Population Density (ppl / mile): 26,194
- Household Size (ppl): 2.61
- Households w/ Children: 71%
Housing Inventory
- Owned: 6,994 (32.8%)
- Rented: 10,334 (48.4%)
- Vacant: 4,021 (18.8%)
- Total: 21,349
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 3.2%
- Some High School: 12.4%
- High School Graduate: 37.8%
- Some College: 24.4%
- Associate Degree: 5.7%
- Bachelor's Degree: 10.6%
- Graduate Degree: 6.0%
Income by dollar range
Median Income: $30,633
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $694
- One Bedroom: $701
- Two Bedroom: $948
- Three Bedroom: $950
- Four Bedroom: $1,233
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-576-6862
Listing Courtesy of: Keller Williams Realty Devon-Wayne , (610) 647-8300, klrw894@kw.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 3/17/2025.
