MLS® ID: PAPH719388

405-407 S 42ND STREET

PHILADELPHIA, Pennsylvania, 19104

$2,325,000 Pending
  • 4800 SQFT
The Pinewood, a rare 14-unit property in one of Philly's most desirable neighborhoods. Significant character, hardwood floors throughout. Ten 1 bedrooms, Two 2 bedrooms, and Two studios. Several units with outdoor space. Sought-after units with excellent closet space. The current owner has always rented this building quickly and has not regularly raised rents. Generate higher rents as-is or make improvements for much higher rents. 62.5' x. 159' lot size and 9,800 finished, above-grade square feet. NOTES--Two separate deeds; offered as single package (taxes and other data reflect the combined property). 405 has 8 units and 407 has 6. All units have separate electric. Owner pays gas heat and water. 405 has a high-efficiency recirculating boiler (94.2%). 407 has a newer boiler (not high-efficient). Both buildings renovated, updated, and constantly maintained since 1995. 407 fully updated electric. 405 common area not fully updated electric (but up to code). LOCATION--This impressive building is situated on a wide, tree lined -block, just one block from Clark Park and its fabulous Farmers' Market, Clarkville, and Green Line. Easy walk to Milk & Honey, Baltimore Avenue's Restaurant Row, Renata's, Penn Alexander Catchment School, Honest Tom's, Local 44 and the Bottle Shop, Pop Shop, CVS, and so many other coffee shops, restaurants, and shopping. Close to HUP, CHOP, Penn, Drexel, University of the Sciences, Presby, Science Center. 12 minutes to Center City by car or bike and plenty of convenient SEPTA options. INCOME & EXPENSES & RENTAL INFORMATION AVAILABLE.
Read More

Listing courtesy of Compass Pennsylvania, LLC

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    19104
  • Office name
    Compass Pennsylvania, LLC
  • Subdivision
    UNIVERSITY CITY
  • SQFT
    4800
  • Bedrooms
    0
  • Zoning type
    RTA1
  • Year built
    1920
  • Lot size
    0.23
  • Sewer
    Public Sewer
  • Heating
    Radiator
  • Agent name
    Jeffrey Block
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    4000-5000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    COMPASS1
  • Agent ID
    3118483

Location

Have questions?

We can help.

Let's chat!

First Name
Last Name
Email
Phone
Best time to call

Success!

We'll get in touch with you soon.

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info