5412 Chancellor St, PHILADELPHIA
$399,000 - 1,824 Sf
MLS® # PAPH2477302
5948 Spruce St, PHILADELPHIA
$424,500
0 Beds
0 Baths
1,980 Sqft
.05 Acres
0 Garages
Fully Renovated Duplex – Ideal Investment or First-Time Buyer Opportunity - Whether you're a savvy investor or a first-time buyer looking to offset your mortgage by living in one unit and renting out the other unit, this is the perfect opportunity!
This brand new, fully renovated duplex offers two spacious 3-bedroom units, each featuring:
1) Mini-Split Systems: Individual air conditioning and heating systems in every room, ensuring optimal comfort year-round.
2) Modern Amenities: New kitchens with quartz countertops, brand-new appliances (dishwasher, refridgerator, microwave, oven), and sleek new bathrooms.
3) Convenience: Washer/dryer in each unit, separate electrical boxes, and open concept layouts in each unit!
4) Upgrades: New roof, plumbing, electric (200-amp service), recessed lighting, wide plank flooring, and new windows.
5) Legal and Approved: All work approved by the City of Philadelphia, ensuring this is a legal duplex.
6) Parking Potential: Property is block to block and features a curb cut out back for possible parking in the rear.
7) Income Potential: With an estimated total annual rent of $44,400 ($1,850/unit) and a cap rate of 10.4%, this property offers great investment potential. Unit 1 also has access to the huge unfinished basement for additional storage as well as the private back patio.
Essential Information
MLS® #PAPH2456576
Price$424,500
Bathrooms0.00
Square Footage1,980
Acres0.05
Year Built1965
TypeMulti-Family
Sub-TypeDuplex, Twin/Semi-Detached
StyleTraditional, Straight Thru
StatusActive
Community Information
Address5948 Spruce St
Area19139
CityPHILADELPHIA
CountyPHILADELPHIA-PA
StatePA
MunicipalityPHILADELPHIA
Zip Code19139
Amenities
ParkingUnpaved
Interior
HeatingOther
CoolingDuctless/Mini-Split
Exterior
FoundationOther
School Information
DistrictPHILADELPHIA CITY
Additional Information
ZoningRM1
Listing Details
Office Contact(610) 647-8300
Office
Keller Williams Realty Devon-Wayne
Property History
Price Reduced from $424,750 to $424,500
Status Changed from Active Under Contract to ActivePrice Reduced from $424,900 to $424,750
Status Changed from Active to Active Under Contract
Price Reduced from $438,000 to $424,900
Price Reduced from $438,500 to $438,000
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Listing information last updated on May 23rd, 2025 at 2:46pm EDT.
