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- $424k Price
- 1,980 Sqft
- ½ Acres
- 57 DOM
5948 Spruce St
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.
Essential Information
- MLS® #PAPH2456576
- Price$424,000
- Bathrooms0.00
- Square Footage1,980
- Acres0.05
- Year Built1965
- TypeMulti-Family
- Sub-TypeDuplex, Twin/Semi-Detached
- StyleTraditional, Straight Thru
- StatusActive Under Contract
Community Information
- Address5948 Spruce St
- Area19139
- CityPHILADELPHIA
- CountyPHILADELPHIA-PA
- StatePA
- MunicipalityPHILADELPHIA
- Zip Code19139
Amenities
- ParkingUnpaved
Interior
- HeatingOther
- CoolingDuctless/Mini-Split
Exterior
- FoundationOther
School Information
- DistrictPHILADELPHIA CITY
Additional Information
- Date ListedMarch 19th, 2025
- Days on Market57
- ZoningRM1
Listing Details
- Office Contact6106478300
Office
Keller Williams Realty Devon-Wayne
Price Change History for 5948 Spruce St, PHILADELPHIA, PA (MLS® #PAPH2456576)
| Date | Details | Price | Change |
|---|---|---|---|
| Active Under Contract | – | – | |
| Price Reduced | $424,000 | $500 (0.12%) | |
| Price Reduced | $424,500 | $250 (0.06%) | |
| Active | – | – | |
| Price Reduced | $424,750 | $150 (0.04%) | |
| Show More (9) | |||
| Active Under Contract | – | – | |
| Price Reduced | $424,900 | $13,100 (2.99%) | |
| Price Reduced | $438,000 | $500 (0.11%) | |
| Price Reduced | $438,500 | $500 (0.11%) | |
| Price Increased | $439,000 | $1 (0.00%) | |
| Price Reduced | $438,999 | $1 (0.00%) | |
| Price Reduced | $439,000 | $9,500 (2.12%) | |
| Price Reduced (from $449,000) | $448,500 | $500 (0.11%) | |
| Active (from Coming Soon) | – | – | |
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Listing information last updated on July 8th, 2025 at 3:30am CDT.