Active

1108 Pine St

Philadelphia PA, 19107

$2,600,000


$619.05 per sqft

Active

4 Beds

4,200 sqft

Residential

Built in 1968

This exceptional property stands out as a true gem among its peers, boasting unrivaled features and craftsmanship. This gorgeous, blue chip investment property has roughly a 5% cap rate. Recent renovations have completely transformed this masterpiece from top to bottom, reflecting the meticulous attention to detail and artistic vision of its devoted owners. The first floor commercial space showcases an internationally renowned art gallery, with magnificent high ceilings, gorgeous natural light, and a strategically placed column, dividing the space into two separate galleries, each exuding its unique charm and allure. The office and a quaint half bathroom further enhance the functionality of this remarkable floor. Out back reveals a serene and inviting patio, overlooking an historic block; a true oasis in the heart of the bustling city. On the top two floors are 4 one-bedroom, one-bathroom apartments that showcase a seamless blend of modern amenities and timeless elegance. These opulent living spaces offer a true haven for residents, providing comfort and sophistication. Here are the following rent rolls: Unit 1: 1 bed, 1 bath $1650/mo, expiration 8/31/2023. Unit 2: 1 bed, 1 bath $1875/mo expiration 8/31/2023. Unit 3: 1 bed, 1 bath $1875/mo expiration 8/31/2023. Unit 4: 1 bed 1 bath $1650/mo expiration 8/31/2023. The first floor commercial unit will soon be listed for $6,000/mo. Embrace the allure of this unique gem, where history, culture, and contemporary living merge! All square footage numbers are approximate and should be verified by the buyer. It is the responsibility of the buyer to verify real estate taxes.

PAPH2259776

MLS ID

May 9, 2024

Updated

Map

1108 Pine St
Philadelphia PA, 19107

Interior Features

Bedrooms

4


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.05 Acres


Architectual Style

Unit/Flat


Sewer

Public Sewer

School Information

School District

THE SCHOOL DISTRICT OF PHILADELPHIA

Other Property Details

Area Name

PHILADELPHIA


Taxes

$12,073


Tax Frequency

Annually


Days on Market

279


Garage

No


View

No


County

PHILADELPHIA


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listed by Daniel Evenchen, with KW Empower
Listing Contact: 2673919308 

The IDX display contains information sourced from the Bright MLS, Inc. as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 5/9/2024 at 5:52 AM UTC

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