Magnificent opportunity to own a Rittenhouse Square brownstone 9-unit apartment building in amazing condition! Located at one of the best corners in Rittenhouse, 18th & Spruce. One block to the square, 50 yards away form Rittenhouse market, 100 yards away from Starbucks. The units are under rented so there is room for increases, separate utilities. $187,000 annual rent roll. Property is updated throughout with gorgeous original details. The property runs to street to street, to manning street. there is a one car car-port on the manning street side of the building. **Bonus -There is also a common elevator that can be repaired and brought back to life!!! It is not currently being used but would add a ton of value to the building. 5 (2) bedroom units and 4 (1) bedroom units. Could also be an amazing condo conversion!! These building do not become available often at a location like this.. Taxes and square footage is the responsibility of the buyer to have verified.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1890
Living Area: 6,970 SqFt
Listing Office:
Office Name: KW Empower
Office Phone: (215) 627-3500
Listing Agent: Jim Onesti
Interior Features
Interior Information:
Basement: No
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.05 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
School Info
Assigned Schools Information:
Benjamin Franklin High School, Public District Grades 9-12
Albert M. Greenfield School, Public District Grades KG-8
Other
Directions Information:
Directions: Walnut St. S 17th St. Spruce Street.
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $3,075,000
Price Per SqFt: $441/SqFt
Tax Information:
Annual Amount: $22,684
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $2.8M more than the Median Sold Price and $246/SqFt more than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2290906
Listing Office:
Office Name: KW Empower
Office Phone: (215) 627-3500
Listing Agent: Jim Onesti
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Albert M. Greenfield School
2200 Chestnut St
Distance between this listing and this school0.48 miles
Public District Grades KG-8
High School
2
/10
Benjamin Franklin High School
550 N Broad St
Distance between this listing and this school1.17 miles
Public District Grades 9-12
Assigned Schools
7
/10
Albert M. Greenfield School
2200 Chestnut St
Distance between this listing and this school0.48 miles
Public District Grades KG-8
Nearby Schools
4
/10
Chester A. Arthur School
2000 Catharine St
Distance between this listing and this school0.51 miles
Public District Grades KG-8
5
/10
Edwin M. Stanton School
1700 Christian St
Distance between this listing and this school0.51 miles
Public District Grades KG-8
Nearby Schools
6
/10
Independence Charter School
1600 Lombard St
Distance between this listing and this school0.23 miles
Public Charter Grades KG-8
6
/10
Universal Institute Charter School
800 S 15th St
Distance between this listing and this school0.50 miles
Public Charter Grades KG-9
6
/10
Christopher Columbus Charter School
South Building
Distance between this listing and this school0.89 miles
Public Charter Grades KG-8
Assigned Schools
2
/10
Benjamin Franklin High School
550 N Broad St
Distance between this listing and this school1.17 miles
Public District Grades 9-12
Nearby Schools
4
/10
Philadelphia Electrical & Tech Chs
142022 Chestnut St
Distance between this listing and this school0.34 miles
Public Charter Grades 9-12
1
/10
World Communications Charter School
51220 South Broad St
Distance between this listing and this school0.37 miles
The neighbors living near this home have an average income of $69,709. Most Philadelphia, PA residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1723 Spruce St
What is the listing price of this property?
The listing price of 1723 Spruce St property is $3,075,000.
What type of property is this?
The property 1723 Spruce St is a house located in Philadelphia, Pennsylvania, 19103.
Is this property for sale now?
Active Listing: 1723 Spruce St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1723 Spruce St are: Albert M. Greenfield School: GreatSchools Rating 7/10Benjamin Franklin High School: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $22,684 (source: MLS/based on county public records data).
What is the square footage of this property?
The property 1723 Spruce St is 6,970 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1723 Spruce St is 1890.
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This home is located at 1723 Spruce St in Philadelphia, PA and zip code 19103 in the Center City neighborhood. This 6,970 square foot home, which was built in 1890, sits on a 0.05 acre lot. It has been listed on Rocket Homes since October 24, 2023 and is currently priced at $3,075,000.
In March 2024 more than 228 listings in Philadelphia, PA were sold above the asking price. During the same period more than 214 listings were sold at asking price, while more than 481 were sold below. The inventory of homes for sale in Philadelphia, PA between February 2024 and March 2024 increased by 4.6%. The median list price of listings available in March 2024 was $257,610, while the average time on the real estate market was 54 days.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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