5701 SPRUCE ST Philadelphia, PA 19139
1,560 SqFt
UPDATED:
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
Property Description
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!**
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
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
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
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
NEARBY SCHOOLS & PROPERTIES