$1,325,000

1937 SPRING GARDEN ST, Philadelphia, PA 19130

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 20 days ago

Property Description

Qualified investors have the opportunity to acquire the fee simple interest in 1937 Spring Garden Street, a well-located multifamily asset in the heart of Philadelphia’s Fairmount-Art Museum neighborhood. The property consists of five apartment units, offering a desirable mix of three (1-bedroom) and two (3-bedroom) floor plans. This property presents new ownership with the potential to implement a light value-add strategy, upgrading select unit interiors to capture rent premiums and better align with top-market comps in the area. Ideally situated in a walkable, amenity-rich location, 1937 Spring Garden appeals to tenants seeking proximity to local restaurants, coffee shops, museums, nightlife, and green spaces like the Schuylkill River Trail and Martin Luther King Drive. The asset also benefits from excellent transit access, minutes from I-76, 676, and I-95, and just 0.5 miles from the Spring Garden SEPTA Station on the Broad Street Line, providing direct service from Fern Rock to the Philadelphia Sports Complex. This is a rare opportunity to acquire a classic brownstone multifamily property in a highly regarded, supply-constrained submarket, with significant upside through targeted capital improvements.

Listing Status:
Active
Listing Office:
TCS Management, LLC : 2153831439
Listing Agent:
Moshe Adika : 2672103080
MLS ID:
PAPH2496254
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Moshe Adika, TCS Management, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Laura W. Waring School

1801 Green St, Philadelphia, PA, 19130

Grades KG-8

0.17 miles away

L

Laura W. Waring School

1801 Green St, Philadelphia, PA, 19130

Grades KG-8

0.17 miles away

M

Masterman Julia R Secondary School

1699 Spring Garden St, Philadelphia, PA, 19130

Grades 5-12

0.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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