MLS® ID: 7215866

1106 PINE STREET

PHILADELPHIA, Pennsylvania, 19107

$1,190,000 Active Under Contract
  • - SQFT
SIX UNITS TOTAL. Location! Location! Location! AND PARKING TOO! This is one of just a few properties located DIRECTLY ON Picturesque Louis Kahn Park with Park Views. And located on Historic Antique Row. This is a Large Multi-Unit building with 3 apartments, 1 store, and 2 PARKING SPACES. This property is 19' wide and stretches from Pine Street on the front to Waverly Street on the back. Entering on Pine Street there is a Beautiful Boutique Retail Store with 12' ceilings & a full basement with high ceilings for inventory/work space, and 2 large apartments on the upper levels. On Waverly Street, there are 2 PRIVATE PARKING SPACES and 1 rear apartment with its own private entrance. Every apartment has plenty of windows & natural light-more than most apartments. All apartments have white kitchen cabinetry & counters, newer appliances including dishwashers. Hardwood Floors &/or carpeting. All baths include tiled walls & floors. ***The 2 parking spaces are valued at $100,000.00***. Price per Square Foot is $409.46. There are possible opportunities to expand the building in the back, add balconies, and construct another level on top. TENANTS LOVE TO LIVE AT THIS LOCATION: Whole Foods, Starbucks, Acme, Brand New WaWa, CVS, and more within blocks, and Pine Street is lined with fun shops. Also walk to Jefferson University-Hospital, Pennsylvania Hospital, University of the Arts, Midtown Village, and the Business District. Rental Rates listed above are Current Market Value in current condition--current tenants have been in place for years and pay less because the current Owner has not made increases, so this is an opportunity to increase rental income easily and make this building into your own. More detailed information for income and expenses available upon request. With a LITTLE work your rents can be MUCH HIGHER. Listing Agent available by phone 9am-11pm EST 7 days a week.
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Listing courtesy of BHHS Fox & Roach-Center City Walnut

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    19107
  • Office name
    BHHS Fox & Roach-Center City Walnut
  • Subdivision
    WASHINGTON SQ WEST
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Multi-Family
  • Zoning type
    CMX1
  • School district
    THE SCHOOL DISTRICT OF PHILADELPHIA
  • Year built
    0
  • Lot size
    0.04
  • Sewer
    Public Sewer
  • Heating
    Hot Water,Radiator
  • Agent name
    James M Labonski
  • Purchase Type
    Active
  • Price Range
    $1m-$1.25m
  • Square Feet Range
    < 1000 sq ft.
  • Office ID
    61039
  • Agent ID
    3125729

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