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520 Spruce StreetPhiladelphia, PA 19106

For Sale

$1,250,000

Smart Buyer Rebate $12,500

Location, Location, Location! Welcome to 520 Spruce Street, a charming and spacious triplex in the heart of Society Hill, one of Philadelphia’s most desirable neighborhoods. This historic property features three distinct residences, each blending modern updates with timeless character.
Unit 1 (First Floor & Lower Level): Bilevel 3-bedroom, 2-bathroom residence with private entrance. Currently leased for $3,225/month through 8/31/26. Unit 2 (Second Floor): 2-bedroom, 1-bathroom apartment, leased for $2,150/month through 10/30/26. Unit 3 (Third & Fourth Floors): Spacious bilevel 3-bedroom, 3-bathroom residence. Currently leased for $3,250/month through 7/31/26.
In total, the property generates $8,625/month or $103,500 annually in gross rental income, making it an excellent opportunity for both investors and owner-occupants. Each unit has been recently upgraded with modern kitchens, while preserving historic details such as high ceilings, original fireplaces, and classic woodwork. Every residence also enjoys private outdoor space, perfect for taking in the serene, tree-lined views of Society Hill. Situated steps from Independence Hall, the Liberty Bell, Washington Square Park, world-class dining, and charming boutiques, this property offers unmatched access to Philadelphia’s cultural and historic landmarks. Commuting is effortless with quick access to I-95, I-676, I-76, SEPTA bus routes, subway, and regional rail. 520 Spruce Street offers the perfect blend of historic charm, modern amenities, and strong rental income in one of Philadelphia’s premier neighborhoods, a true gem for any investor or future owner.

Listed by Frank L DeFazio

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License #RS299840

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BHHS Fox & Roach-Center City Walnut

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6106364364

Last updated October 28, 2025

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Source: BrightMLS #PAPH2543234

Listing Facts

  • TypeMulti-family
  • NeighborhoodSociety Hill
  • Days on Prevu49
  • Taxes$12,789/year
  • Size2,508 sqft
  • Price per sqft$498

Location

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Listing History

10/28/2025
Status changed to Active
$1,250,000
10/21/2025
Status changed to In Contract
$1,250,000
10/01/2025
Listed by BHHS Fox & Roach-Center City Walnut
$1,250,000

Property Details for 520 Spruce Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Year Built: 1850
  • Architectural Style: Unit/Flat
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 17
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,370
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $12,789.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 2,508
  • Living Area Source: Assessor

Rooms

  • Has Basement: No

Other

Location

  • Subdivision Name: SOCIETY HILL

Parking

Parking

  • Garage: No
  • Parking Features: Public, Unassigned

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.