PA > Philadelphia > Society Hill
Philadelphia, PA 19106,520 SPRUCE ST
Philadelphia, PA 19106,520 SPRUCE ST
Philadelphia, PA 19106,520 SPRUCE ST
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Graceann Tinney

Graceann Tinney

+1(267) 373-8244
Listed by Frank L DeFazio • BHHS Fox & Roach-Center City Walnut
$1,250,000
Est. payment /mo
2,508 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,508 sqft

Price per Sqft $498

Subdivision Society Hill

MLS Listing ID PAPH2543234

Style Unit/Flat

Abv Grd Liv Area 2,508

Year Built 1850

Annual Tax Amount $12,789

Tax Year 2025

Lot Size 1,370 Sqft

Acres 0.03

Lot Dimensions 17.00 x 82.00

Property Sub-Type Other

Source BRIGHT

Property Description

Location, Location, Location! Welcome to 520 Spruce Street, a charming and spacious triplex in the heart of Society Hill, one of Philadelphia's most desirable neighborhoods. This historic property features three distinct residences, each blending modern updates with timeless character.
Unit 1 (First Floor & Lower Level): Bilevel 3-bedroom, 2-bathroom residence with private entrance. Currently leased for $3,225/month through 8/31/26. Unit 2 (Second Floor): 2-bedroom, 1-bathroom apartment, leased for $2,150/month through 10/30/26. Unit 3 (Third & Fourth Floors): Spacious bilevel 3-bedroom, 3-bathroom residence. Currently leased for $3,250/month through 7/31/26.
In total, the property generates $8,625/month or $103,500 annually in gross rental income, making it an excellent opportunity for both investors and owner-occupants. Each unit has been recently upgraded with modern kitchens, while preserving historic details such as high ceilings, original fireplaces, and classic woodwork. Every residence also enjoys private outdoor space, perfect for taking in the serene, tree-lined views of Society Hill. Situated steps from Independence Hall, the Liberty Bell, Washington Square Park, world-class dining, and charming boutiques, this property offers unmatched access to Philadelphia's cultural and historic landmarks. Commuting is effortless with quick access to I-95, I-676, I-76, SEPTA bus routes, subway, and regional rail. 520 Spruce Street offers the perfect blend of historic charm, modern amenities, and strong rental income in one of Philadelphia's premier neighborhoods, a true gem for any investor or future owner.

Location

State PA

County Philadelphia

Area 19106 (19106)

Zoning RM1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Above Ground Finished SqFt 2508

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 051151100

Ownership Fee Simple

SqFt Source 2508

Special Listing Condition Standard

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Bright MLS (BMLS)

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Graceann Tinney

Graceann Tinney

Agent | RSRS344523

+1(267) 373-8244

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520 SPRUCE ST

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