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520 Spruce St
For Sale $1,250,000 ($498.41 per Sq Ft)
$1,250,000 ($498.41 per Sq Ft)
- 3 Units
- 2,508 Sq Ft
- 1,370 Sq Ft
- Unknown Cap Rate
Description
Location, Location, Location! Welcome to 520 Spruce Street, a charming and spacious triplex in the heart of Society Hill, one of Philadelphia’s most desirable neighborhoods. This historic property features three distinct residences, each blending modern updates with timeless character.
Unit 1 (First Floor & Lower Level): Bilevel 3-bedroom, 2-bathroom residence with private entrance. Currently leased for $3,225/month through 8/31/26. Unit 2 (Second Floor): 2-bedroom, 1-bathroom apartment, leased for $2,150/month through 10/30/26. Unit 3 (Third & Fourth Floors): Spacious bilevel 3-bedroom, 3-bathroom residence. Currently leased for $3,250/month through 7/31/26.
In total, the property generates $8,625/month or $103,500 annually in gross rental income, making it an excellent opportunity for both investors and owner-occupants. Each unit has been recently upgraded with modern kitchens, while preserving historic details such as high ceilings, original fireplaces, and classic woodwork. Every residence also enjoys private outdoor space, perfect for taking in the serene, tree-lined views of Society Hill. Situated steps from Independence Hall, the Liberty Bell, Washington Square Park, world-class dining, and charming boutiques, this property offers unmatched access to Philadelphia’s cultural and historic landmarks. Commuting is effortless with quick access to I-95, I-676, I-76, SEPTA bus routes, subway, and regional rail. 520 Spruce Street offers the perfect blend of historic charm, modern amenities, and strong rental income in one of Philadelphia’s premier neighborhoods, a true gem for any investor or future owner.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,250,000 |
| Property Type | Other |
| Usable Sqft | 2,508 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1850 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 051151100 |
| MLS # | PAPH2543234 |
| Property ID | 322222485 |
| Lot Sqft | 1,370 |
| Zoning | RM1 |
| Total Units | 3 |
| Days on Market | 83 |
| Original List Price | Unknown |
| Date Updated | October 28, 2025 |
| Date Created | September 30, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Frank L DeFazio an agent of . Lic #RS299840
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Data last updated: December 22, 2025.
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Robert Crawford
REAL ESTATE AGENT