520 Spruce Street

Philadelphia, PA 19106

$1,360,000
Price
Beds
2,508 Sq. Ft.
$542 / Sq. Ft.
2,508
Sq. Ft.
$542
per Sq. Ft.

Description

Location, Location, Location! Prepare to fall in love with 520 Spruce Street, a charming and spacious triplex located in the heart of Society Hill, one of Philadelphia’s most sought-after neighborhoods. This unique property boasts three distinct units, all with their own character and historic charm. The first floor welcomes you through a historic vestibule private entrance into a large residential space that transitions into a bilevel 3-bedroom, 2-bathroom unit, currently rented for $3,050/month....Location, Location, Location! Prepare to fall in love with 520 Spruce Street, a charming and spacious triplex located in the heart of Society Hill, one of Philadelphia’s most sought-after neighborhoods. This unique property boasts three distinct units, all with their own character and historic charm. The first floor welcomes you through a historic vestibule private entrance into a large residential space that transitions into a bilevel 3-bedroom, 2-bathroom unit, currently rented for $3,050/month. On the second floor, you’ll find a vacant 2-bedroom, 1-bathroom unit that was last rented for $2,200/month – an ideal option for an owner-occupant looking to subsidize their mortgage payment while make this historic building their home. The third and fourth floors offer a spacious bilevel 3-bedroom, 3-bathroom unit, rented for $3,272/month. Each unit has been recently upgraded with brand-new kitchens while retaining the building's classic features such as high ceilings, historic fireplaces, and charming details throughout. Every unit also includes private outdoor space, perfect for enjoying the serene, tree-lined views of the neighborhood. Situated in Society Hill, this property is surrounded by the city's rich history, with Independence Hall, the Liberty Bell, Washington Square Park, world-class museums, shops, boutiques, and restaurants just steps away. Commuting is a breeze with easy access to I-95, I-676, I-76, SEPTA bus routes, subway, and regional rail. This triplex offers a blend of historic charm and modern convenience in one of Philadelphia’s premier locations – a true gem for investors or owner-occupants alike!
  1. Listed by Frank L DeFazio • BHHS Fox & Roach-Center City Walnut
    P: (610)-636-4364 frank@centercityteam.com

Property Details for 520 Spruce Street

Tax ID Number
051151100
Ownership
Fee Simple
Structure Type
Other
Style
Unit/Flat
Waterfront
No
Garage
No
Expected On Market Date
10-07-2024
Subdivision
SOCIETY HILL
LISTING UPDATED: 10/08/2024 12:12 PM

Property Details for 520 Spruce Street

StatusActive
MLS #PAPH2404152
Days on Market75
Taxes$11,997 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1850
Lot Size0.03 AC / 1,370 SF
CountyPhiladelphia County

Building Information for 520 Spruce Street

Stories-Residences3Year Built1850Building Size-Lot Size0.03 AC / 1,370 SF

Property Information for 520 Spruce Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19106 (19106)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $857,100
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $685,680
  • City Town Tax: $5,278
  • Land Assessed Value: $171,420
  • Clean Green Assessed: No
  • Land Use Code: U60
  • Zoning: RM1
  • Tax Lot: 202
  • School Tax: $6,718
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 2
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,508.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 17.00 x 82.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 905429
Parking
Parking
  • Type Of Parking: On Street
  • Parking Features: Public, Unassigned
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.CenterCityTeam.com

Property History for 520 Spruce Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 520 Spruce Street

Taxable ValueLand$182,720Additions$730,880Total$913,600
Tax Record2024$12,789 ($1,066 / month)
Home Facts
Total Finished SqFt2,508 SqFtAbove Grade Finished SqFt2,508 SqFtStories3Lot Size1,370 SqFtStyleMulti-Family Res (5+ Units)Year Built1850ZoningRM1CountyPHILADELPHIAAPN05-1-1511-00

Schools near 520 Spruce Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
McCall Gen George A School
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Constitution High School
Public9 to 12

Academy At Palumbo
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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520 Spruce Street is a multi-family home for sale in Philadelphia, PA 19106. This property was listed for sale on October 7, 2024 by BHHS Fox & Roach-Center City Walnut, it's currently listed at $1,360,000. It has been on the market for a total of 75 days and was last sold on March 21, 2022. This listing's school district is The School District of Philadelphia. Nearby schools include McCall Gen George A School, Franklin Benjamin High School and Constitution High School. 520 Spruce Street is a 0-bed, 0-bath, 2,508 sqft multi-family home built in 1850.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach-Center City Walnut

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.