5701 SPRUCE ST
Multi-Family, Townhouse $ 325,000

5701 SPRUCE ST

Philadelphia, PA 19139

  • 1,560 SqFt
  • 1,513 Lot Size
  • 1925 Year Built
**Exceptional Investment Opportunity – Multiple Income Streams!** Welcome to 5701 Spruce Street, a fully renovated, income-producing property offering an incredible opportunity for investors or owner-occupants looking to offset their mortgage with multiple rental streams. Currently operating as a highly productive rental property featuring two one-bedroom apartments, a studio apartment, and a unique Airbnb setup with four private rooms and a shared hall bathroom, this property offers tremendous income potential with plenty of flexibility.

Arrive to find a welcoming front patio and covered porch with two separate entrances. The main entrance leads to the owner's living quarters, featuring a spacious living room with hardwood laminate flooring, recessed lighting, ceiling fan, and crown molding. The updated eat-in kitchen offers a designated dining area, ceiling fan, abundant cabinetry and counter space, center island with butcher block countertops, glass tile backsplash, and stainless steel appliances. A convenient powder room and hallway lead to a spacious primary suite featuring a large bedroom and private full bathroom with a beautifully tiled stall shower, recessed niche, and attractive vanity. Additional access to the lower level provides a versatile bonus room that could serve as a second bedroom, family room, or additional living space, along with a laundry room. This space is currently occupied by the owner.

The upper level is currently configured as an Airbnb operation, featuring four separate private rooms and a shared hallway bathroom with stall shower and attractive vanity. The Air BnB operation generates approximately $3,600+ per month, with each individual room renting for approximately $350–$400 per week.

The lower level also features a separate one-bedroom apartment with its own private, ground-level entrance. This unit offers a spacious living area, bedroom with walk-in closet, and bathroom with nicely tiled shower. Currently rented for just $500 per month, this unit presents an opportunity for increased rental income.

But there's more! A detached building in the rear of the property features an additional studio apartment complete with living/sleeping area, kitchen, and full bathroom, currently rented for $680 per month on a month-to-month lease. Above the studio is a separate storage area offering yet another potential opportunity for additional rental income.

Renovated from top to bottom, this property offers multiple existing income streams, separate living accommodations, and the flexibility to continue operating as an investment property or explore alternative living arrangements. Whether you're an experienced investor looking to expand your portfolio or an owner-occupant seeking substantial supplemental income, this is an opportunity you won't want to miss. **Turnkey condition with tremendous income-producing potential!**
Listed by Better Homes Realty Group

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family, Townhouse

    Sub Type End of Row/Townhouse

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1, 560 sqft

    Price per Sqft $208

    MLS Listing ID PAPH2690602

    Style Straight Thru

    Abv Grd Liv Area 1,560

    Year Built 1925

    Annual Tax Amount $2,698

    Tax Year 2026

    Lot Size 1,513 Sqft

    Acres 0.03

    Property Sub-Type End of Row/Townhouse

    Source BRIGHT

  • Location

    State PA

    County Philadelphia

    Area 19139 (19139)

    Zoning RM1

  • Rooms

    Basement Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Side Entrance, Walkout Level, Windows

  • Building

    Foundation Stone

    Above Ground Finished SqFt 1560

    Sewer Public Sewer

    Water Public

    Architectural Style Straight Thru

    Additional Building Above Grade, Below Grade

    New Construction N

  • Interior

    Interior Features 2nd Kitchen, Attic, Bathroom - Stall Shower, Bathroom - Tub Shower, Ceiling Fan(s), Dining Area, Wood Floors

    Hot Water Natural Gas

    Heating Forced Air

    Cooling Ceiling Fan(s), Window Unit(s)

    Heat Source Natural Gas

    Laundry Basement

  • Exterior

    Water Access N

    Accessibility None

    Garage N

    Private Pool No

  • Schools

    School District The School District Of Philadelphia

  • Others

    Senior Community No

    Tax ID 604067100

    Ownership Fee Simple

    SqFt Source 1560

    Special Listing Condition Standard

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CONTACT

Mike Cirillo
Mike Cirillo

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