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1614 Spruce Street

PHILADELPHIA, PA 19103
  • $2,495,000
  • STATUS: Active
  • ON SITE: 44 Days
  • ID#: PAPH2223160
UPDATED: 28 min ago
$2,495,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,742
    SQFT
  • $667
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Description

One-of-a-kind Rittenhouse Square corner gem at Spruce and Smedley! 1614 Spruce St. aka 304 S. Smedley St. is a rare historic property with handsome brick facade, original details and a hard-to-find horizontal layout, spanning the entire 19x75 foot lot. This wonderful property was originally constructed in 1922 for Dr. W.W. Fritz and was designed by architect Walter Smedley. The first floor, with entrance on Spruce St., is 940 sq ft of bright open commercial space with unique windows, original fireplace, and is currently occupied by a well-established hair salon, providing rental income. The approx. 2600 sq ft residence with attached garage and private entrance on Smedley, one of Philadelphia+GGs most desirable streets, occupies the second, third and lower levels. Private foyer leads up to sun drenched expansive living area with high ceilings and a dramatic 30 foot wall of windows. Bright spacious cook+GGs kitchen with skylight and oversized window, professional range, and plenty of counter & cabinet space opens to living/dining areas with hardwood floors, recessed lighting, custom built-in cabinetry, and original woodwork. Hallway leads to classic bathroom with clawfoot tub, separate shower and marble vanity with double sink, and continues to two bedrooms with more multiple original bay windows and front bedroom fireplace. The third floor pilot room may be used as a bonus room/additional bedroom/office/sitting area, and offers direct access to huge, private roof deck, covering the area of the entire property, with dramatic city views. Finished lower level provides approx. 961 sq ft of living area with three additional bedrooms, bathroom, laundry and storage space. Let your imagination run wild with the endless possibilities offered by this unique opportunity; First floor option to keep the current or potentially convert to other income generating business, OR merge with lower level to increase rental income, OR combine with residence to an unbelievable single-family home. Located in the heart of Rittenhouse Square, steps from world class shopping, cultural institutions, and restaurants and just a short stroll to the park and all the city has to offer.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-03T17:51:52.303.
www.mymarylandrealestate.com/homes/138681657
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1614 Spruce Street PHILADELPHIA, PA 19103

  • Price: $2,495,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 28 min ago
  • ID#: PAPH2223160
0
Beds
0
Baths
0
½ Baths
0.03
Acres
3,742
SQFT
$667
$/SQFT
1922
Built
Neighborhood:
Rittenhouse Square
County:
Philadelphia
Area:
19103 (19103)
School District:
The School District Of Philadelphia
Property Description
One-of-a-kind Rittenhouse Square corner gem at Spruce and Smedley! 1614 Spruce St. aka 304 S. Smedley St. is a rare historic property with handsome brick facade, original details and a hard-to-find horizontal layout, spanning the entire 19x75 foot lot. This wonderful property was originally constructed in 1922 for Dr. W.W. Fritz and was designed by architect Walter Smedley. The first floor, with entrance on Spruce St., is 940 sq ft of bright open commercial space with unique windows, original fireplace, and is currently occupied by a well-established hair salon, providing rental income. The approx. 2600 sq ft residence with attached garage and private entrance on Smedley, one of Philadelphia+GGs most desirable streets, occupies the second, third and lower levels. Private foyer leads up to sun drenched expansive living area with high ceilings and a dramatic 30 foot wall of windows. Bright spacious cook+GGs kitchen with skylight and oversized window, professional range, and plenty of counter & cabinet space opens to living/dining areas with hardwood floors, recessed lighting, custom built-in cabinetry, and original woodwork. Hallway leads to classic bathroom with clawfoot tub, separate shower and marble vanity with double sink, and continues to two bedrooms with more multiple original bay windows and front bedroom fireplace. The third floor pilot room may be used as a bonus room/additional bedroom/office/sitting area, and offers direct access to huge, private roof deck, covering the area of the entire property, with dramatic city views. Finished lower level provides approx. 961 sq ft of living area with three additional bedrooms, bathroom, laundry and storage space. Let your imagination run wild with the endless possibilities offered by this unique opportunity; First floor option to keep the current or potentially convert to other income generating business, OR merge with lower level to increase rental income, OR combine with residence to an unbelievable single-family home. Located in the heart of Rittenhouse Square, steps from world class shopping, cultural institutions, and restaurants and just a short stroll to the park and all the city has to offer.
Exterior Features

Architectural Style Traditional Construction Materials MasonryBrick Garage Spaces 1.00 Garage Type Garage - Rear Entry Garage YN Yes Parking Types Attached Garage Pool No Pool Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3742 Basement Fully Finished Basement YN Yes Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN Yes Fireplaces Total 2 Heating Forced AirBaseboard - Hot Water Heating YN Yes Inclusions RefrigeratorWasherDryer Single Room Units 1 Three Bedroom Units 1 Two Bedroom Units 0 Units Furnished None

Property Features

Accessibility Features None Assessment Year 2023 Central Air YN Yes Cooling Fuel Electric Cross Street Spruce And Smedley Streets Electric 200+ Amp Service Existing Lease Type Month To Month Foundation Details Other Gross Income 106140.00 Heating Fuel Natural Gas Historic YN Yes Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Original MLSNumber 802266570492 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 14738.00 Tax Assessment Amount 1052900.00 Tax Lot 140 Total Actual Rent 106140.00 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Bhhs Fox & Roach The Harper At Rittenhouse Square: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-03T17:51:52.303.
 
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