Investments Sales Management

914 & 1331 PINE STREET

PHILADELPHIA , PA 19107

MLS#: PAPH2286394

$2,200,000

Status: Closed
Listing number: PAPH2286394
Listing provided by: Mallin Panchelli Nadel Realty Inc
Listing agent phone: None
Last update: 1 year, 4 months ago
On site: 1 year, 8 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1880

Sq.Footage

N/A

Exclusive sale of a 2 building value-add apartment building portfolio. The sale includes 914 Pine St., a 6 unit building, and 1331 Pine St., a 4 unit building with 1 parking space. The properties present a fantastic value add opportunity as a buyer can increase rents by updating kitchens, bathrooms and building common areas. Located in Washington Square West, one of Philadelphia’s premier neighborhoods, the properties are in close proximity to many restaurants, shops and Center City. The Properties: • 914 Pine Street Street (6 Units) & 1331 Pine Street (4 Units + 1 parking space) The Opportunity: • 10-unit value add apartment portfolio, + 1 parking space • High barrier of entry location into one of Philadelphia’s most highly-sought after neighborhoods • A value-add opportunity: A new owner may obtain significant rental increases by upgrading kitchens and baths • Both properties are contributing properties on the Philadelphia Historical Register The Location: • Walk To Work/Transit Friendly • Outstanding neighborhood amenities conducive to today’s “live-work-play” tenants • Excellent demographics: Center City core average household income more than $100,000 • Occupancy History: Washington Square West market 94% To 98% with occupancy

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Hot Water

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $2,200,000

  • Tax Amount

    10112.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Other

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Listing Courtesy of Nadia T Bilynsky , Mallin Panchelli Nadel Realty Inc

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Exclusive sale of a 2 building value-add apartment building portfolio. The sale includes 914 Pine St., a 6 unit building, and 1331 Pine St., a 4 unit building with 1 parking space. The properties present a fantastic value add opportunity as a buyer can increase rents by updating kitchens, bathrooms and building common areas. Located in Washington Square West, one of Philadelphia’s premier neighborhoods, the properties are in close proximity to many restaurants, shops and Center City. The Properties: • 914 Pine Street Street (6 Units) & 1331 Pine Street (4 Units + 1 parking space) The Opportunity: • 10-unit value add apartment portfolio, + 1 parking space • High barrier of entry location into one of Philadelphia’s most highly-sought after neighborhoods • A value-add opportunity: A new owner may obtain significant rental increases by upgrading kitchens and baths • Both properties are contributing properties on the Philadelphia Historical Register The Location: • Walk To Work/Transit Friendly • Outstanding neighborhood amenities conducive to today’s “live-work-play” tenants • Excellent demographics: Center City core average household income more than $100,000 • Occupancy History: Washington Square West market 94% To 98% with occupancy

914 & 1331 PINE STREET

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