Philadelphia, PA 19107,1106 PINE ST
Philadelphia, PA 19107,1106 PINE ST
Philadelphia, PA 19107,1106 PINE ST
$860,000
Est. payment /mo
$1,190,000
27.7%
Est.Price: ?

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2,662 SqFt
SOLD DATE : 07/29/2019

Key Details

Sold Price $860,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 2,662 sqft

Price per Sqft $323

Subdivision Washington Sq West

MLS Listing ID 1002030040

Sold Date 07/29/19

HOA Y/N N

Originating Board TREND

Annual Tax Amount $7,252

Tax Year 2018

Lot Size 1,800 Sqft

Acres 0.04

Lot Dimensions 19X96

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.

Location

State PA

County Philadelphia

Area 19107 (19107)

Zoning CMX1

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Flooring Wood, Carpet

Fireplace N

Heat Source Natural Gas, Electric

Exterior

Garage Spaces 2.0

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Under Ground

Waterfront N

Water Access N

Accessibility None

Parking Type Parking Lot

Total Parking Spaces 2

Garage N

Building

Lot Description Level

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871059600

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by James M Labonski • BHHS Fox & Roach-Center City Walnut
Bought with James M Labonski • BHHS Fox & Roach-Center City Walnut

Get More Information

Danielle Wateridge

Team Lead & Agent | License ID: 0225208883

+1(703) 639-8869

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