8 months on rocket

1831MUTLI-UNIT Spruce St, Philadelphia, PA, 19103

$1,550,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,046 SqFt
$509/SqFt
Multi
Schools Nearby

Location

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1831MUTLI-UNIT Spruce St, Philadelphia$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1912
HeatingBaseboard
CoolingCentral Air
BasementYes
MLS #PAPH2275468
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 1831MUTLI-UNIT Spruce St

This is a rare opportunity to own a masterfully renovated multi-unit property in the heart of Rittenhouse Square. Originally built in 1912 and fully renovated by Gardner Fox Architects and McCroubrey Overholser. This property offers approximately 3,000SF of flexible living space with over $900,000 in renovations and updates. This stunning building is currently configured as a duplex, but could easily be converted into a chic single family residence. There are 4 floors of finished living space consisting of 2 bi-level units, each unit with outdoor space. Unit 1: 1-2 Bedrooms, 2 Full Bathrooms. The main level boasts beautifully outfitted living space with a tray ceiling, custom built-ins, plantation shutters, Brazilian hardwood floors, cherry cabinets, a gas fireplace with marble surround, wet bar and kitchenette, a bedroom, a full bathroom and a slate patio out back. There is also a fantastic dressing area with vanity and adjacent make-up vanity, spacious closet with custom closet built-ins, washer and dryer. The lower level is charming with exposed brick, a living room area, a full bathroom and a gorgeous kitchen space designed by Society Hill Kitchens. This level has a laundry hook-up, cedar closet and additional storage. There is a separate entrance for this level that leads to the patio. This property can also be accessed from Manning St. Providing a separate entrance for the lower level which can be used as a fantastic living space for in-laws, au pair suite or overnight guests. Unit 2: 3-4 Bedrooms, 2 Full Bathrooms. Main level offers Bamboo floors, exposed brick wall, surround sound, a custom kitchen with cherry cabinets, granite countertops, porcelain back splash and stainless steel appliances. Located just beyond the kitchen is a den / bonus room with sliding glass doors that lead to a lovely shared deck. This room has been used as a 4th bedroom in the past. The upper level is currently configured with 3 bedrooms, custom California closet systems and a full bathroom and laundry. Great for investors or owner occupied with rental income generated by the other unit. Also the perfect set up for multi-generational living or an au pair suite. Just steps from Rittenhouse Square and a 4-minute walk to the University of Penn Shuttle stop located at 20th and Locust. Enjoy all that Rittenhouse Square offers with fantastic restaurants, cafes, farmers market and various events throughout the year.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1912
  • Living Area: 3,046 SqFt

Listing Office:

  • Office Name: Kurfiss Sotheby's International Realty
  • Office Phone: (215) 794-3227
  • Listing Agent: Cary Simons

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood, Tile/Brick
  • Interior: 2nd Kitchen, Additional Stairway, Built-Ins, Wet/Dry Bar, Wood Floors

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Benjamin Franklin High School, Public District Grades 9-12
  • General George A. McCall School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Located closer to 19th.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000
  • Price Per SqFt: $509/SqFt
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

1831MUTLI-UNIT Spruce St vs Philadelphia

247 DAYS ON ROCKET

+197 Days

$1,550,000

+$1.2M More

$509/SqFt

+$313 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $313/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: #PAPH2275468

Listing Office:

  • Office Name: Kurfiss Sotheby's International Realty
  • Office Phone: (215) 794-3227
  • Listing Agent: Cary Simons

IDX 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.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2024, 2:00:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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

school-card-donut-10661510
6
/10
  • General George A. McCall School

  • 325 S 7th St

  • 0.47 miles

  • Public District Grades KG-8

High School

school-card-donut-10661511
2
/10
  • Benjamin Franklin High School

  • 550 N Broad St

  • 1.65 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,360. Most Philadelphia, PA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19103›1831MUTLI-UNIT Spruce St

This home is located at 1831MUTLI-UNIT Spruce St in Philadelphia, PA and zip code 19103 in the Center City neighborhood. This 3,046 square foot home, which was built in 1912, sits on a 0.02 acre lot. It has been listed on Rocket Homes since September 08, 2023 and is currently priced at $1,550,000.

While more than 242 listings in Philadelphia, PA in April 2024 were sold above asking price, there were more than 216 listings sold at asking price, and more than 502 were sold below. The inventory of homes for sale in Philadelphia, PA between March 2024 and April 2024 increased by 9.8%. In April 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $258,806.

From Rocket Homes Real Estate and based on county public records data.

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