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Multifamily

1113-1115 Spruce Street

1115 Spruce St, Philadelphia, PA 19107

Listing Price: $3,456,740

Cap Rate
5.00%
Number of Units
15
Occupancy
97.0%
Price/Unit
$230,449
Price/Gross SF
$453.64
Gross SF
7,620

Investment Overview

Marcus & Millichap is pleased to offer to qualified buyers the opportunity to purchase 1113-1115 Spruce Street. This property consists of 15 apartments with a total square footage of 8,000. The fifteen apartments are broken down into eight studio units, six 1- bedroom units and one 2-bedroom units. The property is in one of the strongest and most stable rental markets of Midtown Village - Center City. 1113-5 Spruce Street has a walk score of 99 and a transit score of 100.

Investment Highlights

  • Walk Score: 99 / Transit Score: 100
  • Value Add Potential to bump Rents to Market
  • 100% Occupied

Exclusively Listed By

Financing By

Multifamily

1113-1115 Spruce Street

Listing Price: $3,456,740

Cap Rate
5.00%
Number of Units
15
Occupancy
97.0%
Price/Unit
$230,449
Price/Gross SF
$453.64
Gross SF
7,620

Investment Highlights

  • Walk Score: 99 / Transit Score: 100
  • Value Add Potential to bump Rents to Market
  • 100% Occupied

Investment Overview

Marcus & Millichap is pleased to offer to qualified buyers the opportunity to purchase 1113-1115 Spruce Street. This property consists of 15 apartments with a total square footage of 8,000. The fifteen apartments are broken down into eight studio units, six 1- bedroom units and one 2-bedroom units. The property is in one of the strongest and most stable rental markets of Midtown Village - Center City. 1113-5 Spruce Street has a walk score of 99 and a transit score of 100.

Exclusively Listed By

Financing By

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