928 Pine St

Philadelphia, PA 19107 View Map $3,785,000 Schedule a Tour
Sq.Ft. Lot3,525
Year1903
Reid Rosenthal

Reid Rosenthal

(267) 626-7613

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Status: Active
Listing Office:Keller Williams Philly
Property Type:Interior Row/Townhouse
MLS #:PAPH2116168
On Site:15 Days
Lot Size:3,525 Sq. Ft.
County:Philadelphia
Attention all investors, this is the asset you have been waiting for! Boasting 9778 square feet in the heart of Washington Square, this double wide, 4 story building has a successful restaurant with a long term lease, 11 residential apartments, and addition land square footage. There is never a vacancy! This is a Blue Chip opportunity for the savvy investor! The storefront is beautiful, has a Fantastic neighborhood presence and is always packed. The apartments are a perfect mix of studios, 1 bedrooms, 2 bedrooms and even a 3 bedroom, 2 bathroom unit. The space is enormous, has mostly separate utilities and features exposed brick walls, intercoms, some newer kitchens and even decks. With a gross income of $214,500.00 and a true 5 cap in the heart of Center City, this one just makes sense. Do not play the market, the bricks are always there. Center City has had a consistent appreciation and has risen 20% in the last 2 years. Rents have been skyrocketing, and there is much upside with this property. Make your move today!

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Community Information

Address:928 Pine St Philadelphia, PA 19107
Subdivision:Washington Sq West
Zip Code:19107

Architecture

Year Built:1903
Style:Other
Exterior: Masonry

Features / Amenities

Other Structures: Above Grade, Below Grade
Cooling: Window Unit(s)
Heating: Baseboard - Electric, Hot Water
Cooking Fuel: Electric
Fuel On Site: Electric
Hot Water: Electric

Property Features

Lot Size: 0.08 Acres / 3,525 Sq. Ft.
Lot Number: 193
Sewer: Public Sewer
Water Source: Public
Municipality: PHILADELPHIA
Zoning:CMX1
Directions:North on Broad Street to Pine Street and head east

Tax and Financial Info

Tax Year: 2022
Total Taxes: $25,946 (paid Annually)
School Tax: $14,237

Schools

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928 Pine St Philadelphia, PA 19107
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928 Pine St Philadelphia, PA 19107
 
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Listing Information Last Updated 5/27/2022
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