5948 Spruce Street, Philadelphia, PA 19139-3834 $449,000

Open House: Sat, Mar 22, 1:00PM-2:30PM; Sun, Mar 23, 1:00PM-2:30PM
# of Units: 2
Interior Sq. Ft: 1,980
Acreage: 0.05
Age:60 years
Taxes: $1,212
MLS#: PAPH2456576
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!

Taxes: $1,212
Home Assoc: No
Condo Assoc: No
Garage: N
Basement:
Pool: No Pool
School Dist: Philadelphia City

Features

Utilities
Electric, Ductless/Mini-Split, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
Off Street, On Street

Exterior
Masonry

Contact Information

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.