Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
N/A
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.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.04
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Parking
On Street
Financial
-
Sales Price
$1,325,000
-
Tax Amount
13334.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Moshe Adika , TCS Management, LLC
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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