
RITTENHOUSE SQUARE-10 UNITS
BLUE-CHIP INVESTMENT
Marketing description
20th & SPRUCE! Irreplaceable commercial real estate investment opportunity awaits at 1933-5 Spruce Street in the heart of Rittenhouse Square — Philadelphia's most prestigious location and sought-after rental market. Located just 1.5 blocks from Rittenhouse Square Park, this location commands the utmost attention in the #1 Destination to Visit in 2026 — Philadelphia, Pennsylvania. Sited on a hard corner at 20th & Spruce Streets, the city's top dining, shopping and nightlife attractions are all within a short stroll. James Beard award-winning and Michelin-rated restaurants abound. 1933-5 Spruce features ten (10) apartments — fully-leased and renovated — a truly turnkey multifamily opportunity in the ultimate urban location — Rittenhouse Square. Two (2) studio units, two (2) 2bd x 2ba units, six (6) 1bd x 1ba units provide an ideal unit mixture ensuring versatility. This boutique apartment building carries minimal deferred maintenance and Day One cash flow — an ideal 1031 exchange.
Investment highlights
- IRREPLACEABLE COMMERCIAL REAL ESTATE
- TURNKEY MULTIFAMILY PROPERTY
- 1.5 BLOCKS TO RITTENHOUSE SQUARE PARK
- RENOVATED 2019 - MINIMAL DEFERRED MAINTENANCE
- HIGH BARRIERS TO ENTRY - TOP SUBMARKET IN PHL
- TOP DESTINATION IN WORLD TO VISIT IN 2026 - WSJ
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