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Listing Courtesy Of: Keller Williams Realty Devon-Wayne, 6106478300, Alexander Penn
Local Realty Services Provided By: KW Empower
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5948 SPRUCE ST, PHILADELPHIA, PA 19139
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5948 SPRUCE ST, PHILADELPHIA, PA 19139

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ACTIVE UNDER CONTRACT
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Property Description

Fully Renovated Duplex – Ideal Investment or First-Time Buyer Opportunity - Whether you're a savvy investor or a first-time buyer looking to offset your mortgage by living in one unit and renting out the other unit, this is the perfect opportunity!This brand new, fully renovated duplex offers two spacious 3-bedroom units, each featuring:1) Mini-Split Systems: Individual air conditioning and heating systems in every room, ensuring optimal comfort year-round.2) Modern Amenities: New kitchens with quartz countertops, brand-new appliances (dishwasher, refridgerator, microwave, oven), and sleek new bathrooms.3) Convenience: Washer/dryer in each unit, separate electrical boxes, and open concept layouts in each unit!4) Upgrades: New roof, plumbing, electric (200-amp service), recessed lighting, wide plank flooring, and new windows.5) Legal and Approved: All work approved by the City of Philadelphia, ensuring this is a legal duplex.6) Parking Potential: Property is block to block and features a curb cut out back for possible parking in the rear.7) Income Potential: With an estimated total annual rent of $44,400 ($1,850/unit) and a cap rate of 10.4%, this property offers great investment potential. Unit 1 also has access to the huge unfinished basement for additional storage as well as the private back patio.

Property Details

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Overview
Property Type
Twin/Semi-Detached
Property Size
sq ft
Year Built
1965
Days on Site
60 Days
HVAC
Cooling: Ductless/Mini-Split, Cooling Fuel: Electric, Heating Fuel: Electric
Parking
2 Parking Spaces
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Your Agent
Alexander Penn
Keller Williams Realty Devon-Wayne
RS352834

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Listing agent image
Your Agent
Alexander Penn
Keller Williams Realty Devon-Wayne
RS352834

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