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1113-1115 Spruce St
Philadelphia, PA 19107 Midtown Village

$2,875,000 USD

Apartments For Sale  •  7,950 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,950 SF
  • Lot Size 0.08 AC
  • Building Class C
  • Year Built 1899
  • Zoning CMX1
100 Transit Score
99 Walk Score

Highlights

Prime Center City Location – Steps from Independence and City Hall; premier dining, shopping, and transit nearby.
15-Unit Multifamily Asset – 7,950 SF, RM-1 zoning, well-maintained, strong tenant demand.
Strong Income & Upside – 6.5% cap, 13.35 GRM, below-market rents offer NOI growth potential.
Historic Meets Modern – Built in 1899 with preserved charm and updated systems that appeal to today’s urban renters.
Investment-Ready – Low operating expenses, strong occupancy history, and prime location in a supply-constrained rental submarket.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Courtyard
  • Dishwasher
  • Disposal
  • Fenced Lot
  • Laundry Facilities
  • Washer/Dryer
  • Heating
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Tub/Shower
  • Views
  • Wi-Fi
  • Yard
  • Basement
  • Deck
  • Framed Mirrors
  • Freezer
  • Instant Hot Water
  • Island Kitchen
  • Large Bedrooms
  • Walk To Campus

Public Transportation

Commuter RailDriveWalkDistance
Market East (R1 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R6 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R8 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 3 min 10 min 0.5 mi
Suburban Station (R1 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R6 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R8 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 4 min 18 min 0.9 mi
Transit/SubwayDriveWalkDistance
12th-13th & Locust St (PATCO Speedline - Port Authority Transit Corporation Speedline (PATCO Speedline)) 1 min 3 min 0.2 mi
9th-10th & Locust St (PATCO Speedline - Port Authority Transit Corporation Speedline (PATCO Speedline)) 2 min 5 min 0.2 mi
Walnut-Locust (Broad Street Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 1 min 12 min 0.4 mi
Lombard-South (Broad Street Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 2 min 9 min 0.5 mi
13th Street (Market-Frankford Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley), Route 10 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley), Route 11 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley), Route 13 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley), Route 34 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley), Route 36 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 2 min 10 min 0.5 mi
AirportDriveWalkDistance
Philadelphia International 22 min - 9.2 mi
Trenton Mercer 52 min - 34.4 mi
Tao Yun 267-934-8345 Acre Real Estate Group LLC
Tao Yun 267-934-8345 Acre Real Estate Group LLC