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Prime City Properties Portfolio 2402 Spruce St 6 Unit Apartment Building $1,350,000 ($225,000/Unit) 6.53% Cap Rate Philadelphia, PA 19103
Property Facts
| Price | $1,350,000 | Apartment Style | Low-Rise |
| Price Per Unit | $225,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.03 AC |
| Cap Rate | 6.53% | Building Size | 3,383 SF |
| No. Units | 6 | Average Occupancy | 97% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1880 |
| Zoning | R10, Philadelphia - R10 Zoning: High-density residential zoning for apartments and condos. | ||
| Price | $1,350,000 |
| Price Per Unit | $225,000 |
| Sale Type | Investment |
| Cap Rate | 6.53% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 3,383 SF |
| Average Occupancy | 97% |
| No. Stories | 3 |
| Year Built | 1880 |
| Zoning | R10, Philadelphia - R10 Zoning: High-density residential zoning for apartments and condos. |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 3 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 881526300 | Improvements Assessment | $662,410 |
| Land Assessment | $283,890 | Total Assessment | $946,300 |
Property Taxes
Parcel Number
881526300
Land Assessment
$283,890
Improvements Assessment
$662,410
Total Assessment
$946,300
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Prime City Properties Portfolio | 2402 Spruce St
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