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4310 Spruce St 5 Unit Apartment Building $1,800,000 ($360,000/Unit) 4.23% Cap Rate Philadelphia, PA 19104
Investment Highlights
- Central Heating and air.
- W/D in unit.
- Hard wired smoke and fire system and sprinkler system.
Executive Summary
Seller owns additional real estate in the same immediate area and would consider a portfolio sale. Contact broker for more information.
Property Facts
| Price | $1,800,000 | Apartment Style | Low-Rise |
| Price Per Unit | $360,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 4.23% | Building Size | 13,590 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1925/2017 |
| Property Subtype | Apartment | ||
| Zoning | RTA1 - Residential Townhouse Attached | ||
| Price | $1,800,000 |
| Price Per Unit | $360,000 |
| Sale Type | Investment |
| Cap Rate | 4.23% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 13,590 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1925/2017 |
| Zoning | RTA1 - Residential Townhouse Attached |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Heating
- Bay Window
- Ceiling Fans
- Crown Molding
- Eat-in Kitchen
- Granite Countertops
- Hardwood Floors
- Sprinkler System
- Stainless Steel Appliances
- Basement
- Breakfast Nook
- Built-In Bookshelves
- Den
- Dining Room
- Double Pane Windows
- Family Room
- Framed Mirrors
- Freezer
- Garden
- Handrails
Site Amenities
- Courtyard
- Fenced Lot
- Recycling
- Trash Pickup - Curbside
- Vintage Building
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $1,593 | - |
| 3+2 | 1 | $2,600 | - |
| 2+2 | 1 | $1,820 | - |
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Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (86)
Bike Score®
Biker's Paradise (93)
Property Taxes
| Parcel Number | 881122105 | Improvements Assessment | $549,270 |
| Land Assessment | $96,930 | Total Assessment | $646,200 |
Property Taxes
Parcel Number
881122105
Land Assessment
$96,930
Improvements Assessment
$549,270
Total Assessment
$646,200
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Contact the Sale Advisor
4310 Spruce St