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5701 Spruce Street
Philadelphia, PA 19139

$325,000 - Status: ACTIVE
SQFT: 1,560
MLS# PAPH2690602

**Exceptional Investment Opportunity – Multiple Income Streams!** Welcome to 5701 Spruce Street, a fully renovated, income-producing property offering an incredible opportunity for investors or owner-occupants looking to offset their mortgage with multiple rental streams. Currently operating as a highly productive rental property featuring two one-bedroom apartments, a studio apartment, and a unique Airbnb setup with four private rooms and a shared hall bathroom, this property offers tremendous income potential with plenty of flexibility. Arrive to find a welcoming front patio and covered porch with two separate entrances. The main entrance leads to the owner's living quarters, featuring a spacious living room with hardwood laminate flooring, recessed lighting, ceiling fan, and crown molding. The updated eat-in kitchen offers a designated dining area, ceiling fan, abundant cabinetry and counter space, center island with butcher block countertops, glass tile backsplash, and stainless steel appliances. A convenient powder room and hallway lead to a spacious primary suite featuring a large bedroom and private full bathroom with a beautifully tiled stall shower, recessed niche, and attractive vanity. Additional access to the lower level provides a versatile bonus room that could serve as a second bedroom, family room, or additional living space, along with a laundry room. This space is currently occupied by the owner. The upper level is currently configured as an Airbnb operation, featuring four separate private rooms and a shared hallway bathroom with stall shower and attractive vanity. The Air BnB operation generates approximately $3,600+ per month, with each individual room renting for approximately $350–$400 per week. The lower level also features a separate one-bedroom apartment with its own private, ground-level entrance. This unit offers a spacious living area, bedroom with walk-in closet, and bathroom with nicely tiled shower. Currently rented for just $500 per month, this unit presents an opportunity for increased rental income. But there's more! A detached building in the rear of the property features an additional studio apartment complete with living/sleeping area, kitchen, and full bathroom, currently rented for $680 per month on a month-to-month lease. Above the studio is a separate storage area offering yet another potential opportunity for additional rental income. Renovated from top to bottom, this property offers multiple existing income streams, separate living accommodations, and the flexibility to continue operating as an investment property or explore alternative living arrangements. Whether you're an experienced investor looking to expand your portfolio or an owner-occupant seeking substantial supplemental income, this is an opportunity you won't want to miss. **Turnkey condition with tremendous income-producing potential!**

Property Features

MLS#: PAPH2690602
Zip: 19139
Subdivision:
Development: Philadelphia
Property Type: Multi Unit - Multiple
Number of Units: 4
Basement: Yes
Basement: Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Side Entrance, Walkout Level, Windows
Cooling: Ceiling Fan(s), Window Unit(s)
Days on Site: 1
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Straight Thru
Lot Size: 0.03 acres
Taxes: $2,698
Year Built: 1925

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Electric Description: Circuit Breakers
Exterior: Masonry, Brick
Interior: 2nd Kitchen, Attic, Bathroom - Stall Shower, Bathroom - Tub Shower, Ceiling Fan(s), Dining Area, Wood Floors
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 3
Sewer: Public Sewer
Structure Type: End of Row/Townhouse
Studio Efficiency Units: 4
Units: 4
Water: Public

Local Schools

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

5701 Spruce Street | MLS# PAPH2690602

This multi-family property located at 5701 Spruce Street, Philadelphia, PA 19139 is currently listed for sale with an asking price of $325,000. Spruce Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on ayouells.lewith-freeman.com today.

Listed By / Shown By

Listed By

Agency Name: Better Homes Realty Group
Agency Phone: 2159387800

Shown By

Agent Name: Ashley Youells
Agent Phone: (570) 991-0932
Agency Title: Lewith & Freeman

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AGENT INFORMATION

Lewith & Freeman Ashley Youells (570) 991-0932 amyouells@lewith-freeman.com

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Estimated Payment

$ 2,170.35 per month $1,850.72 Principal & Interest $224.83 Property Tax $94.79 Homeowner's Insurance

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