1. Pennsylvania
2. Philadelphia
3. 520 SPRUCE ST

520 SPRUCE ST, Philadelphia, PA 19106

• 2,508 sqft

Property 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.

Listing Status:

Active

Listing Office:

BHHS Fox & Roach-Center City Walnut : 2156276005

Listing Agent:

Frank L DeFazio : 6106364364

MLS ID:

PAPH2543234

Interior

• A/C: Central A/C
• Heating: Forced AirElectric
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Unit/Flat
• Parking: PublicUnassigned

Construction

• General: Masonry

Location

• Originating MLS: BRIGHT_MAIN
• School District: THE SCHOOL DISTRICT OF PHILADELPHIA
• County: PHILADELPHIA-PA

Lot

• Zoning: RM1051151100

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Frank L DeFazio, BHHS Fox & Roach-Center City Walnut