Active under contract Multi-Family MLS# PAPH2675122

2131 SPRUCE ST

PHILADELPHIA, PA 19103

$1,500,000

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About 2131 SPRUCE ST

Excellent investment opportunity in the heart of Fitler Square! 2131 Spruce Street features 5 fully occupied apartments with central air and laundry. Please see the rental information below: Unit 1F: 4-bedroom, 4-bathroom, $4k/month, expiration 5/28/27; Unit 2F: Studio, 1 bathroom, $1,595/month, expiration 7/28/27; Unit 2R: 1-bedroom, 1-bathroom, 1,984/month, expiration 6/27/27; Unit 3F: 3-bedroom, 2-bathroom, $3,200/month, expiration 6/27/27; Unit 3R: Studio, 1 bathroom, $1,396/month, expiration 6/27/27. Total monthly rental income is $12,175, producing $146,100 in annual gross rental income. The property is located on one of Center City’s most desirable residential blocks, convenient to Rittenhouse Square, the Schuylkill River Trail, neighborhood parks, restaurants, shopping, universities and major employment centers. A rare opportunity to acquire a fully occupied income-producing property in an exceptional location. Schedule your showing today! Listing contains AI enhanced Photos.

Property details

Property

Type
Five or more units
MLS type
Multi Family Home
Status
Active under contract
Year built
1890
Lot
0.03
Original price
$1,500,000
MLS #
PAPH2675122

Interior

Features
Central A/C, true, Central, Natural Gas
Heating
true, Central
Cooling
Central A/C

Exterior & lot

Construction
Masonry, Other
Foundation
Other
Lot
RM1, 881546200

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN
Annual tax
$14,508
Tax year
2026
Parcel
881546200

Location

Subdivision
RITTENHOUSE SQUARE
Area
19103 (19103)
County
PHILADELPHIA-PA
Neighborhood
Fitler Square
Community
PHILADELPHIA-PA, BRIGHT_MAIN, THE SCHOOL DISTRICT OF PHILADELPHIA
Directions
Between 21st and 22nd St on Spruce St.

Location

Neighborhood
Fitler Square
Subdivision
RITTENHOUSE SQUARE
School district
Philadelphia City School District

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Listed by Michael R. McCann, KW Empower

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.