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5320 Spruce St
For Sale $75,000
$75,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 1,501 Sq Ft
Description
Prime Investment Opportunity in Cobbs Creek – Build a Multi-Unit Income Property!
Welcome to an exceptional vacant lot with an approved variance for a two-unit building. Located in the vibrant Cobbs Creek neighborhood, this property offers tremendous flexibility and income potential for investors or homeowners alike.
Property Highlights:
Unit 1 (First Floor): Spacious 2-bedroom, 1-bathroom apartment. Ideal for comfortable living or renting to generate immediate income.
Unit 2 (Bi-Level, Second & Third Floors): Stunning 3-bedroom, 2-bathroom apartment with plenty of space and privacy. Perfect for a larger family or high-end rental.
Multiple Options: Live in one unit and rent out the other, rent both for steady cash flow, or take advantage of the opportunity to convert them into individual condos and sell for a premium.
Location Perks:
Just steps away from the 42 Bus line, offering a quick 10-minute ride to University of Pennsylvania and the Hospital of the University of Pennsylvania (HUP).
Easy access to local amenities, parks, and shops in the Cobbs Creek area.
This is a rare chance to build in an appreciating neighborhood and design your perfect income-generating property. Whether you're looking to hold for rental income or sell as condos, this property has endless potential. Don’t miss out on this incredible opportunity!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $75,000 |
| Property Type | Lots/Land |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 603065600 |
| MLS # | PAPH2408086 |
| Property ID | 293872944 |
| Lot Sqft | 1,501 |
| Zoning | RSA3 |
| Days on Market | 75 |
| Original List Price | Unknown |
| Date Updated | October 10, 2024 |
| Date Created | October 09, 2024 |
Listing Provided By
Malik T Carter an agent of . Lic #RS294680
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Data last updated: December 23, 2024.
Robert Crawford
REAL ESTATE AGENT