1106 Pine Street

    PHILADELPHIA, PA 19107
    • $860,000
    • STATUS: Closed
    • ON SITE: 397 days
    • ID#: 1002030040
    Sold - 07/29/2019
    $860,000
    SOLD - 07/29/2019
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,662
      SQFT
    • $323
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    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.

    Monthly Payment Calculator

    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-10-22T11:56:41.787.
    www.forcenj.com/homes/87659880

    1106 Pine Street PHILADELPHIA, PA 19107

    • Price: $1,190,000
    • Status: Closed
    • Updated: 31 min ago
    • ID#: 1002030040
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    2,662
    SQFT
    $323
    $/SQFT
    Neighborhood:
    Washington Sq West
    County:
    Philadelphia
    Area:
    19107 (19107)
    School District:
    The School District Of Philadelphia
    Property Description
    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.
    Exterior Features

    Construction Materials Brick Garage YN No Location Type Downtown Lot Features Level Parking Features SurfaceSecure ParkingPrivatePaved Driveway Parking Types Parking LotOff Street Riparian Rights YN No Sign On Property YN N Topography List Level Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 2662.00 Building Features Display WindowFencingFire AlarmRefrigerator(S)Security System Cooling Window Unit(S) Exclusions Tenant Property. Store Lighting. Fireplace YN No Flooring WoodCarpet Heating Radiator Heating YN Yes Net Square Feet 2662.00 Room List Master Bedroom

    Property Features

    Accessibility Features None Association YN No Business Type Apartment BuildingShopping Center Buyer Financing Cash Central Air YN No Close Sale Terms Standard Sale Condo YN No Cooling Fuel Electric Cross Street 11TH Heating Fuel Natural GasElectric Hot Water Natural Gas Incorporated City Name Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 121533962826:TREND Ownership Interest Fee Simple Possession Immediate Property Sub Type Five Or More Units Rent Includes GasWaterSewerInsuranceSnow RemovalTrash RemovalTaxesPest Control Sale Includes Land And Building Sale Type Standard Sewer Public Sewer Tax Annual Amount 7252.0 Tax Assessment Amount 518100.0 Tax Lot 114 Tenant Pays ElectricityCooking FuelParking FeeInsuranceCable Tv Utilities Water AvailableSewer AvailableNatural Gas AvailableElectric AvailablePhoneCable Tv AvailableUnder Ground Vacation Rental YN No Water Source Public Zoning Cmx1

    Listing courtesy of Bhhs Fox & Roach-Center City Walnut.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-10-22T11:56:41.787.
     
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