Bought with Jill Fratto • A La Carte Realty LLC
$1,150,000
$1,395,000
17.6%For more information regarding the value of a property, please contact us for a free consultation.
423 SPRUCE ST Philadelphia, PA 19106
4,512 SqFt
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 4,512 sqft
Price per Sqft $254
MLS Listing ID PAPH2572602
Sold Date 03/24/26
Style Traditional,Other
Abv Grd Liv Area 4,512
Year Built 1850
Available Date 2026-01-28
Annual Tax Amount $19,110
Tax Year 2025
Lot Size 2,114 Sqft
Acres 0.05
Lot Dimensions 21.00 x 103.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Unique opportunity to own a fully occupied 4-unit (quad) multifamily property in the heart of Society Hill, one of Philadelphia's most historic and sought-after neighborhoods. 423 Spruce Street features four spacious 2-bedroom units, each offering strong rental appeal in a high-demand location. This property is 100% occupied, providing immediate cash flow and stability for investors. Units offer well-proportioned layouts and abundant natural light, ideal for long-term tenants seeking the charm and convenience of urban living. Located on picturesque Spruce Street, the property also includes a rare 2-car parking gated carport, a highly desirable amenity in Society Hill. Residents enjoy walkable access to Old City, Washington Square, Penn's Landing and Center City, along with top restaurants, boutiques, parks, and public transportation. Society Hill's consistent demand and limited housing supply make this an exceptional opportunity for both seasoned investors and owner-occupants seeking a premier multifamily asset - a lucrative addition to any portfolio in one of Philadelphia's most enduring and desirable neighborhoods.
Location
State PA
County Philadelphia
Area 19106 (19106)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Carport Spaces 2
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Private Pool No
Building
Foundation Stone
Above Ground Finished SqFt 4512
Sewer Public Sewer
Water Public
Architectural Style Traditional, Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 051140900
Ownership Fee Simple
SqFt Source 4512
Special Listing Condition Standard
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