5701 SPRUCE STREET

PHILADELPHIA, PA 19139

**Exceptional Investment Opportunity – Multiple Income Streams!** Welcome to 5701 Spruce Street, a fully renovated, income-producing property offering an incredible opportunity for investors or owner-occupants looking to offset their mortgage with multiple rental streams. Currently operating as a highly productive rental property featuring two one-bedroom apartments, a studio apartment, and a unique Airbnb setup with four private rooms and a shared hall bathroom, this property offers tremendous income potential with plenty of flexibility. Arrive to find a welcoming front patio and covered porch with two separate entrances. The main entrance leads to the owner's living quarters, featuring a spacious living room with hardwood laminate flooring, recessed lighting, ceiling fan, and crown molding. The updated eat-in kitchen offers a designated dining area, ceiling fan, abundant cabinetry and counter space, center island with butcher block countertops, glass tile backsplash, and stainless steel appliances. A convenient powder room and hallway lead to a spacious primary suite featuring a large bedroom and private full bathroom with a beautifully tiled stall shower, recessed niche, and attractive vanity. Additional access to the lower level provides a versatile bonus room that could serve as a second bedroom, family room, or additional living space, along with a laundry room. This space is currently occupied by the owner. The upper level is currently configured as an Airbnb operation, featuring four separate private rooms and a shared hallway bathroom with stall shower and attractive vanity. The Air BnB operation generates approximately $3,600+ per month, with each individual room renting for approximately $350–$400 per week. The lower level also features a separate one-bedroom apartment with its own private, ground-level entrance. This unit offers a spacious living area, bedroom with walk-in closet, and bathroom with nicely tiled shower. Currently rented for just $500 per month, this unit presents an opportunity for increased rental income. But there's more! A detached building in the rear of the property features an additional studio apartment complete with living/sleeping area, kitchen, and full bathroom, currently rented for $680 per month on a month-to-month lease. Above the studio is a separate storage area offering yet another potential opportunity for additional rental income. Renovated from top to bottom, this property offers multiple existing income streams, separate living accommodations, and the flexibility to continue operating as an investment property or explore alternative living arrangements. Whether you're an experienced investor looking to expand your portfolio or an owner-occupant seeking substantial supplemental income, this is an opportunity you won't want to miss. **Turnkey condition with tremendous income-producing potential!**

Listing courtesy of Better Homes Realty Group



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