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R.J. Breeden

[email protected] +1(410) 929-2491

Listed by Mike Cirillo • Better Homes Realty Group

$ 325,000

Est. payment -/mo

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5701 SPRUCE ST Philadelphia, PA 19139

6 Beds

4 Baths

1,560 SqFt

UPDATED:

Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,560 sqft

Price per Sqft $208

Subdivision Cobbs Creek

MLS Listing ID PAPH2686356

Style Straight Thru

Bedrooms 6

Full Baths 3

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 1,560

Year Built 1925

Annual Tax Amount $2,698

Tax Year 2026

Lot Size 1,513 Sqft

Acres 0.03

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

**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!**

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning RM1

Rooms

Basement Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Side Entrance, Walkout Level

Main Level Bedrooms 1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Ceiling Fan(s), Window Unit(s)

Fireplace N

Heat Source Natural Gas

Laundry Basement

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Story 3

Foundation Stone

Above Ground Finished SqFt 1560

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Senior Community No

Tax ID 604067100

Ownership Fee Simple

SqFt Source 1560

Horse Property N

Special Listing Condition Standard

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R.J. Breeden

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+1(410) 929-2491

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R.J. Breeden

5701 SPRUCE ST Philadelphia, PA 19139

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5701 SPRUCE ST