MLS# PAPH2357740 – 1716 Spruce Street Unit 5, Philadelphia, PA 19103

$550,000 - 1Br/2Ba - for Sale in Rittenhouse Square, Philadelphia

Open House

Sat November 16th 10:00am — 11:30am (1 more…)

Sat November 16th 12:00pm — 1:30pm

Price: $550,000

Beds: 1

Baths: 2

Living Area SqFt: 1,100

Status: Active

Property Type: Condominium

Year Built: 1850

Neighborhood: Rittenhouse Square

Days on Website: 177

Courtesy of David cohen, Keller Williams Main Line info@mainlinekw.com

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Property Description

Welcome to 1716 Spruce St this boutique Historic luxury condo building. We have taken the old style and incorporated all new interiors to 8 different condo units. Built in 1850 you will find all sorts of new and important details that makes this the most exciting project! The exterior has carefully been restored and when you enter the building we have hardwood floors, sweeping high ceilings, all wood banisters and a great feeling of being home. All original fireplaces in each unit with ornate tile work and firewalls intact. We feature GE profile appliances, state of art security system, 10 year tax abatement, some roof decks, and private outdoor garden space, plus we are offering 3 parking spots for sale asking $150 k each spot. Rittenhouse Park is 2 blocks away plus restaurants, shops, transportation. It s one of the best streets in Center City and a must see! TAXES will be divided by 8 units once tax abatement is approved as example 1 bedrm could be 2,500 k a year and 2 bedrm 3,000 a year etc. Please be advised, the annual real estate tax is not $1. Tax abatement has been applied for and exact amount will be determined when approval is received. First sale gets a free parking spot!