Portfolio

1924-26 Spruce St
Philadelphia, PA, 19103

SOLD
Type: 12 Units
Tax/yr: $24,013
Approx.Sq.Ft: 11,172

A remarkable and rare Italian Renaissance Mansion housing 12 residential apartments in the heart of the Rittenhouse Square neighborhood. Built in the late 1800′s at a time when fashionable architects were employed by prominent residents making their mark on the city of Philadelphia. An early elevator residence, this magnificent building has been home to prominent Philadelphia families such as Dr. John Hooker Packard, one of the most prominent American surgeons of the late 19th century; and the Philadelphia lawyer, Earl B. Putnam and his wife Grace who entertained local high society in their exquisite home. Converted to apartments in 1945 this magnificent building is easily rented for its prime location and enormous character. All of the units have had recent renovations. All units have individual storage lockers in the full basement and elevator access. SEE seller’s disclosure in MLS, plans, rent roll & expenses. This property is part of a 1031 tax deferred exchange.