Photo of 1108 Pine Street, Philadelphia PA
     
1108 Pine Street
Washington Sq West
Philadelphia, PA 19107
19107 Washington Square China Town
The School District Of Philadelphia
Philadelphia County
Asking Price$2,600,000
  Sale Pending  
# of Units4
1 Bdrm Units4
Acres0.05
Interior SqFt4,200
Age56
HeatingNatural Gas
CoolingCentral A/C
WaterPublic
SewerPublic
Garages0
Taxes (2023)12,073

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.

Room Sizes

Location


Driving Directions
On Pine Street between S 11th Street and Quince Street

Details
Architectural Type - Unit/Flat
Basement - Unfinished, Brick/Mortar
Exterior Features - Masonry
Cooling - Central A/C, Electric
Heating - Forced Air, Natural Gas
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public

Notes
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Assessment : 0
Latitude : 39.944714
Longitude : -75.160217
EveryHome Number : APH225-30719
Listing Courtesy KW Empower
Zoning Designation CMX1