1106 Pine St

Estimated Monthly Payment: $6,031/mo 1106 Pine St, Philadelphia, PA 19107 MLS# 1002030040 Commercial Sale Listing Status: ACTIVE
292
24
0
0

REMARKS:

SIX UNITS TOTAL. Location! Location! Location! AND PARKING TOO! 1106 Pine Street on Historic Antique Row is a Large Multi-Unit building with 3 apartments, 1 store, and 2 PARKING SPACES. Fully Occupied. This is one of just a few properties located directly across from Picturesque Louis Kahn Park with Park Views. 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. There are possible opportunities to expand the building in the back, add balconies, and a reconstruct a 3rd level that once existed years ago. The price per square foot calculation which is auto-calculated online is incorrect, as it does not take into account the high value of the 2 parking spaces, so the price per square foot is actually less than listed on most web sites. Tenants LOVE to live at this location: Whole Foods, Starbucks, Acme, CVS, and more within blocks, and Pine Street is lined with fun shops. CLOSE 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. Listing Agent available by phone 9am-1

OVERVIEW:

1pm EST 7 days a week.
Commercial Sale
ACTIVE
TREND
Washington Sq West
0.04
1800
Level
Surface, Secure Parking, Private, Paved Driveway
Radiator
Natural Gas, Electric
Window Unit(s)
Public
Public Sewer
Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Under Ground

FEATURES:

Wood, Carpet

FINANCIAL:

1190000
7252
7252

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of BHHS Fox & Roach-Center City Walnut

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor BHHS Fox & Roach shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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