1116 Pine St, Philadelphia, PA 19107

$1,600,000
List Price
$1,600,000
Days on Market
8
Status
ACTIVE
MLS#
PAPH2060476
Lot Size (Acres)
0.04
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Please view virtual tours. 6 Units + 2 Car Parking right in the heart of the city. Unit 2R & 3R both have new private decks off the rear. Located in a prime location for the Avenue of The Arts, Jefferson Medical Facilities, Convention Center Events, and all the amazing amenities Center City has to offer. Only a couple blocks from the Broad Street Line, Whole Foods, Acme, CVS, Cafe's, Dining, Antique Row... this building is NEVER vacant. Currently managed in shorter lease formats of 1-6 months to accommodate special interests like Jefferson Residencies, each studio commands $1600+ per month. The unfinished basement has a separate entrance at the front of the building and could be converted into storage or offices for additional income. Located directly across from Kahn Park and operated with 6 rental licenses + 2 car rental parking. The building consists of 4 studio apartments and two 2 bedroom 1 bath units. The laundry is in the basement.

Additional Information

Area
19107 (19107)
Taxes
$15107
School District
The School District Of Philadelphia
Heating
Forced Air, Central
Heating Fuel
Electric
Cooling
Ductless/Mini-Split
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass Pennsylvania, LLC.

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