4030 Spruce Street, Philadelphia, PA 19104 - Photo 1

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$1,300,000

Sold
Closed
Multi-Family

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Property Description

Welcome to 4030 Spruce Street! This majestic and well-maintained porch-front property is located just steps from the University of Pennsylvania campus and includes off-street parking off the alley in the rear. With original details and many updates throughout, this property makes for a wonderful investment (lease was recently renewed for $8600/mo. ending 6/30/24). The first floor includes a tiled vestibule entrance, spacious living room and parlor areas, a large dining room with back staircase, and an over-sized kitchen with stainless steel appliances, gas vented range, powder room, and access to the rear yard and parking area off the alley. The second floor features four bedrooms and a hall bathroom with a stall shower. The third floor includes an additional four bedrooms with hall bathroom, a linen closet, and attic access. The owners have made many updates to make the home compliant with university requirements and have been diligent in regards to maintaining the property. There is a sprinkler system, updated electrical (200 amp + sub panels), dual system/zone HVAC systems, 50 gallon Bradford-White water heater, and two sets of washers and dryers in the basement (which also provides plenty of storage). Landlord currently pays the water bill (averages around $175/mo.) and the Tenants pay all additional utilities.

Full Property Details

Full Property Details for 4030 Spruce St

General

Sold For: $1,300,000
Taxes: $7,423 (2022)
Status: Closed
Type: Multi-Family
Source: BrightMLSPhilly
MLS ID: PAPH2203194
Added to Site: 1, 071 day(s) ago

Interior

Interior Features: Attic, Ceiling Fan(s)
Flooring: Hardwood

Parking

Parking Type: Driveway, Off Street, Alley

Location

Area: 19104 (19104)
Municipality: PHILADELPHIA
County: Philadelphia
Development Name: University City
Subdivision: University City
Driving Directions: 40th and Spruce, south side of street.

School Information

School District: The School District Of Philadelphia

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Traditional
Architectural Style: Traditional
Structure Type: Twin/Semi-Detached
Construction: Masonry
Basement: Yes
Basement Desc.: Full
Foundation: Other
Stories/Levels: 0
Square Feet: 5,040
Sq. Ft. Source: Estimated
Living Area: 5,040 Sq. Ft.
Finished Above Grnd: 5,040 Sq. Ft.
Year Built: 1896
Year Built Source: Estimated

Lot Features

Lot Size (Acres): 0.09
Lot Size (Sq. Ft.): 3,900
Lot Size Source: Estimated
Lot Dimensions: 26.00 x 150.00
Zoning: RTA1

Financial Considerations

Price Per Sq. Ft.: $282.74
Assessment Year: 2023
School Tax: $4,073
City/TownTax: $3,349
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $530,300
Tax Amount: $7,423
Tax Year: 2022
Terms: Standard Sale
Owner Pays: Water, Sewer, Insurance, Taxes - Real Estate
Landlord Pays: Water, Sewer, Insurance, Taxes - Real Estate

Disclosures and Reports

Ownership: Fee Simple
Inclusions: Lease in place until 6/30/24. All appliances in 'as is' condition.
Lot Number: 50

Listed by Duffy Real Estate-Narberth, John S Duffy
Sold by Duffy Real Estate-Narberth, Daniel J Leigh

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Listing agent

— 4030 Spruce St —

John S Duffy

Duffy Real Estate-Narberth

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Schools

Schools serving 4030 Spruce St

School District:Philadelphia City School District

Name	Grades	Distance
Penn Alexander School 4209 Spruce Street, Philadelphia, PA 19104	K-8	0.2 mi
West Philadelphia High School 4901 Chestnut Street, Philadelphia, PA 19139	9-12	0.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4030 Spruce St

Date

Details

Price

Change

Source

8/15/2023

Sold

$1,300,000

-8.77%

MLS

2/14/2023

Listed

$1,425,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4030 Spruce Street, Philadelphia, PA 19104 (MLS# PAPH2203194) is a Multi-Family property that was sold at $1,300,000 on August 15, 2023. Want to learn more about 4030 Spruce Street? Do you have questions about finding other Multi-Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

4030 Spruce St Philadelphia, PA 19104