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Photo of 1108 Pine Street, Philadelphia PA
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1108 Pine Street
Washington Sq West
Philadelphia, PA 19107
19107 Washington Square China Town
Philadelphia School District
City of Philadelphia
# of Units
4
1 Bdrm Units
4
Acres
0.05
Interior SqFt
4,200
Age
56
Heating
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2023)
12,073
Additional Details Below

Description

This exceptional property stands out as a true gem among its peers, boasting unrivaled features and craftsmanship. This gorgeous, blue chip investment property has roughly a 5% cap rate. Recent renovations have completely transformed this masterpiece from top to bottom, reflecting the meticulous attention to detail and artistic vision of its devoted owners. The first floor commercial space showcases an internationally renowned art gallery, with magnificent high ceilings, gorgeous natural light, and a strategically placed column, dividing the space into two separate galleries, each exuding its unique charm and allure. The office and a quaint half bathroom further enhance the functionality of this remarkable floor. Out back reveals a serene and inviting patio, overlooking an historic block; a true oasis in the heart of the bustling city. On the top two floors are 4 one-bedroom, one-bathroom apartments that showcase a seamless blend of modern amenities and timeless elegance. These opulent living spaces offer a true haven for residents, providing comfort and sophistication. Here are the following rent rolls: Unit 1: 1 bed, 1 bath $1650/mo, expiration 8/31/2023. Unit 2: 1 bed, 1 bath $1875/mo expiration 8/31/2023. Unit 3: 1 bed, 1 bath $1875/mo expiration 8/31/2023. Unit 4: 1 bed 1 bath $1650/mo expiration 8/31/2023. The first floor commercial unit will soon be listed for $6,000/mo. Embrace the allure of this unique gem, where history, culture, and contemporary living merge! All square footage numbers are approximate and should be verified by the buyer. It is the responsibility of the buyer to verify real estate taxes.

Location

Driving Directions

On Pine Street between S 11th Street and Quince Street

Listing Details

Summary
Architectural Type

•Unit/Flat

Interior Features
Basement

•Unfinished, Brick/Mortar

Exterior Features
Exterior Features

•Masonry

Utilities
Cooling

•Central A/C, Electric

Heating

•Forced Air, Natural Gas

Hot Water

•Natural Gas

Sewer

•Public Sewer

Water

•Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Cmx1
Lattitude : 39.944714
Longitude : -75.160217
MLS# : PAPH2259776
Views : 186
Listing Courtesy: Daniel Evenchen of KW Empower

Notes

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