423 Spruce St, Philadelphia, PA 19106

Property Description

Unique opportunity to own a fully occupied 4-unit (quad) multifamily property in the heart of Society Hill, one of Philadelphia's most historic and sought-after neighborhoods. 423 Spruce Street features four spacious 2-bedroom units, each offering strong rental appeal in a high-demand location. This property is 100% occupied, providing immediate cash flow and stability for investors. Units offer well-proportioned layouts and abundant natural light, ideal for long-term tenants seeking the charm and convenience of urban living. Located on picturesque Spruce Street, the property also includes a rare 2-car parking gated carport, a highly desirable amenity in Society Hill. Residents enjoy walkable access to Old City, Washington Square, Penn's Landing and Center City, along with top restaurants, boutiques, parks, and public transportation. Society Hill's consistent demand and limited housing supply make this an exceptional opportunity for both seasoned investors and owner-occupants seeking a premier multifamily asset - a lucrative addition to any portfolio in one of Philadelphia's most enduring and desirable neighborhoods.