4238 Spruce St, Philadelphia, PA 19104

4238 Spruce Street is a fully rebuilt two-unit building with 7 YEARS REMAINING ON TAX ABATEMENT, RENTED THROUGH MAY 2027, located in an ULTRA-PRIME UNIVERSITY CITY LOCATION, directly across from the PENN ALEXANDER SCHOOL and just steps from the UPENN campus, hospitals, and public transportation. This is an exceptional opportunity for an investor or owner-occupant seeking turn-key housing in the highly sought-after Penn Alexander catchment. The property can be used as an income generating property, or house hack for an owner occupant - especially for families with children attending Penn Alexander. RENOVATION + SYSTEMS: The entire property was completely rebuilt just three years ago with ALL NEW SYSTEMS AND MECHANICALS, including electrical, plumbing, and HVAC. The building features FIVE HEATING/COOLING SYSTEMS - two per unit plus one dedicated to the COMMON AREA, which includes a FIREPLACE, BIKE AND SCOOTER STORAGE, and PACKAGE RECEPTION. This massive upgrade ensures long-term, low-maintenance ownership. UNITS: Each unit spans FOUR LEVELS and features CONDO-GRADE FINISHES, HARDWOOD FLOORS, and modern design elements throughout. UNIT 1 offers 4 bedrooms and 2 baths, while UNIT 2 is a 5-bedroom, 3-bath duplex that includes access to a FULLY FINISHED BASEMENT complete with a SECOND LIVING AREA, DEDICATED LAUNDRY ROOM, and FIFTH BEDROOM. Both kitchens feature NEW STAINLESS STEEL APPLIANCES, STONE COUNTERTOPS, DISHWASHERS, and updated cabinetry. Each unit includes CENTRAL HEAT AND