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1504 Pine Street

PHILADELPHIA, PA 19102
  • $1,900,000
  • STATUS: Active
  • ON SITE: 168 Days
  • ID#: PAPH2085958
UPDATED: 33 min ago
$1,900,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Information

Description

This is a gorgeous property, in a fabulous location, It was last available in 1978! Do not miss this opportunity to be the new owner. The legal use is SEVEN (7) Apartments. There are two extra apartments (3R and 4R being kept vacant). These could be combined with 3F to make a wonderful Owner's unit with 4-5 Bedrooms, 3 full baths and bonus sinks for a "Wet Bar" &/or private "Art Studio".This building is good investment and holds possibilities for an owner occupant to 'live for free' in the heart of the city, in a very grand European 'Hotel Particulier" fashion. The 6 additional rents can cover the costs of ownership.Rents are below market, but most leases are up for renewal/change on 7/31/2022, (subject to 90 Days Notice or automatic one-year Renewals). NOTES: 1. This is an Estate. There will not be a Seller Disclosure. 2. An Owner/heir and the Property Manager hold PA. REAL ESTATE LICENSES. 3. A Rent Roll is available, Email the Listing Agent. Verify it is current before making an offer, or require copies of the leases within the Purchase Offer. 4. There is the possibility to combine this listing with up to 9 additional Investment Properties. It is a package that took decades to acquire, E-mail the Listing Agent for Details. 5, The Owner will consider a Buyer's 1031 Tax Free Exchange. 6. Buyers MUST SUPPLY PROOF OF FUNDS along with a description of payment method and preferred Timelines for access to any occupied unit. Buyers may also make an offer, subject to post Agreement Inspections. 7. Same day showings of basements and any VACANT apartments are possible.7. Walk around to Waverly street to see the Parking Space.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Debbie Jett | Exp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-09T18:04:15.223.
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1504 Pine Street PHILADELPHIA, PA 19102

  • Price: $1,900,000
  • Status: Active
  • On Site: 168 Days
  • Updated: 33 min ago
  • ID#: PAPH2085958
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1900
Built
Neighborhood:
19102 (19102)
County:
Philadelphia
Area:
19102 (19102)
Elementary School:
Albert M. Greenfield
Middle School:
Albert M. Greenfield Elementary School
High School:
South Philadelphia
School District:
The School District Of Philadelphia
Property Description
This is a gorgeous property, in a fabulous location, It was last available in 1978! Do not miss this opportunity to be the new owner. The legal use is SEVEN (7) Apartments. There are two extra apartments (3R and 4R being kept vacant). These could be combined with 3F to make a wonderful Owner's unit with 4-5 Bedrooms, 3 full baths and bonus sinks for a "Wet Bar" &/or private "Art Studio".This building is good investment and holds possibilities for an owner occupant to 'live for free' in the heart of the city, in a very grand European 'Hotel Particulier" fashion. The 6 additional rents can cover the costs of ownership.Rents are below market, but most leases are up for renewal/change on 7/31/2022, (subject to 90 Days Notice or automatic one-year Renewals). NOTES: 1. This is an Estate. There will not be a Seller Disclosure. 2. An Owner/heir and the Property Manager hold PA. REAL ESTATE LICENSES. 3. A Rent Roll is available, Email the Listing Agent. Verify it is current before making an offer, or require copies of the leases within the Purchase Offer. 4. There is the possibility to combine this listing with up to 9 additional Investment Properties. It is a package that took decades to acquire, E-mail the Listing Agent for Details. 5, The Owner will consider a Buyer's 1031 Tax Free Exchange. 6. Buyers MUST SUPPLY PROOF OF FUNDS along with a description of payment method and preferred Timelines for access to any occupied unit. Buyers may also make an offer, subject to post Agreement Inspections. 7. Same day showings of basements and any VACANT apartments are possible.7. Walk around to Waverly street to see the Parking Space.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types Driveway Property Condition Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5973.00 Cooling None Heating Forced Air Heating YN Yes Inclusions All Seller Owned Appliances: "As Is" And "Where is" Net Square Feet 5973.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2022 Business Type Apartment Building Central Air YN No Cooling Fuel None Cross Street 15th Elevators 0 Entry Level 1 Heating Fuel Natural Gas Historic YN Yes Hot Water Natural Gas Lease Considered YN No Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 7 Original MLSNumber 801354480424 Owner Pays Common Area MaintenanceHeatSewerSnow RemovalSuppliesTaxes - Real EstateWater Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Five Or More Units Sale Type Standard Sewer Public Septic Tax Annual Amount 15751.00 Tax Assessment Amount 1125300.00 Tax Lot 8043 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Elizabeth Campion.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Debbie Jett | Exp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-09T18:04:15.223.
 
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