1935 Spruce St - Apartments FOR SALE


Philadelphia, PA 19103- Rittenhouse Square
$3,400,000 USD
610-606-1095
1935 Spruce St, Philadelphia, PA for Sale
$3,400,000 USD
Apartments - FOR SALE
1/45
null | Request Cap Rate

1935 Spruce St
Philadelphia, PA 19103
Rittenhouse Square


HIGHLIGHTS

  • TOP SUBMARKET - RITTENHOUSE SQUARE
  • 1.5 BLOCKS TO RITTENHOUSE SQ PARK
  • TOP DESTINATION IN WORLD TO VISIT IN 2026 - PHL, PA
  • TURNKEY MULTIFAMILY PROPERTY
  • IRREPLACEABLE COMMERCIAL REAL ESTATE
  • 47' FRONTAGE @ 20TH & SPRUCE

OVERVIEW

20th & SPRUCE! Irreplaceable commercial real estate investment opportunity awaits at 1933-5 Spruce Street in the heart of Rittenhouse Square — Philadelphia's most prestigious location and sought-after rental market. Located just 1.5 blocks from Rittenhouse Square Park, this location commands the utmost attention in the #1 Destination to Visit in 2026 — Philadelphia, Pennsylvania. Sited on a hard corner at 20th & Spruce Streets, the city's top dining, shopping and nightlife attractions are all within a short stroll. James Beard award-winning and Michelin-rated restaurants abound. 1933-5 Spruce features ten (10) apartments — fully-leased and renovated — a truly turnkey multifamily opportunity in the ultimate urban location — Rittenhouse Square. Two (2) studio units, two (2) 2bd x 2ba units, six (6) 1bd x 1ba units provide an ideal unit mixture ensuring versatility. This boutique apartment building carries minimal deferred maintenance and Day One cash flow — an ideal 1031 exchange.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$426 USD /SF

# OF UNITS

10

PRICE/UNIT

$340,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rittenhouse Square 10-Unit

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1850

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,788 SF

ZONING

CMX2

APN/PARCEL ID

882934162

ASK ABOUT THIS PROPERTY

Ryan McManusKeller Williams Liberty PlaceMore Info
610-606-1095

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Ryan McManusKeller Williams Liberty PlaceMore Info
610-606-1095

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.