2134 Spruce Street, Philadelphia, PA 19103

$3,495,000
List Price
$3,495,000
Days On Market
2
Status
ACTIVE
MLS#
PAPH935504
Lot Size (Acres)
0.06
Year Built
1890
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Entire building leased for 16.5K/mo. $198/year. In First year of a 3 Year lease. TURNKEY INVESTMENT. oldest and most prestigious neighborhood of the city surrounding Rittenhouse park planned by William Penn himself in the late 17th Century. 8 units easily expandable to 9. A masterpiece at the corner of Spruce and 21st St in Rittenhouse. Own a LITERAL piece of History, a Crown Jewel. Fully renovated in beginning in 2017 with high end finishings, while still retaining original details. Fireplace Mantels, Main Staircase, Banisters, Moldings, Wood Doors, Tile Work, Exterior Copper Trim.... all under the direction and guidance of The Historical Commission. This 28 ft wide property was built by Frank Furness, a famed Philadelphia Architect of the mid 19th Century made famous for his ornamental and whimsical style. Some of his creations include the "Landmark Building at the Pennsylvania Academy of Fine Arts", the " Mt. Airy Train Station", "Philadelphia Zoo Gatehouse", "Centennial National Bank in University City", "Fisher Fine Arts Library" and more...all in Philadelphia. Property is ideal for traditional rentals or a turnkey up & running Airbnb. Potential for 9 units currently set up for 8. Skyline views from 2nd and third floors. Gorgeous Private rear terrace and garden. Alley shared access . Can be sold fully furnished.For the connoisseur of history 2132-2134 SPRUCE STREET is described as a Gilded-Age single-family urban mansions and was built in 1889. This historic home was designed as a double-house in 1889 for William West Frazier Jr. and George Harrison Frazier. These men were two eldest sons of Frank Furness long-time childhood friend and Civil War Calvary mate, William West Frazier. William West Frazier was a prominent Philadelphian and one of Furness major clients, who commissioned several residences from Furness including his own home on Rittenhouse Square(demolished decades ago). The Frazier family made their fortune as owners of the largest sugar company at the time, Franklin Sugar. They retained this one-of-a-kind home through the 1920 s. (This is the REAL sugar house !)This rare Furness masterpiece was built in the same time period as the University of Pennsylvania s Fisher Fine Arts Library. Few examples of truly authentic ground-up Furness homes exist today.This property is often included on many local architectural walking tours.

Additional Information

Area
19103 (19103)
Subdivision
Rittenhouse Square
Taxes
$21609
School District
The School District Of Philadelphia
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Ductless/Mini-Split
Water
Public
Sewer
Public Sewer

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Listing courtesy of Coldwell Banker Realty Corporation-Lansdale.