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1024 PINE STREET

PHILADELPHIA, PA 19107

MLS#: PAPH2651240

$1,045,000

Status: Active
Listing number: PAPH2651240
Listing provided by: BHHS Fox & Roach-Center City Walnut
Listing agent phone: None
Last update: 11 days ago
On site: 12 days ago
Browse Properties
WASHINGTON SQ WEST - Residential Income

Property

Beds

3

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

2,181

Mixed-Use Investment Opportunity in Washington Square West! 1024 Pine Street is a fully renovated, multi-unit building located on a tree-lined block along historic "Antiques Row" in Washington Square West. This versatile property is well-suited for an investor looking for a turnkey asset or an owner-occupant interested in a live-work setup with rental income. The property is currently fully occupied and generates over $71,000 in yearly income making this a fantastic investment opportunity. The building consists of three fully updated units: Unit 1 (Commercial): A street-level retail/office space with high-visibility storefront windows and historic architectural details. It is currently occupied by an art gallery of Tony LaSalle, making it highly adaptable for retail, professional services, or a creative studio. Unit 2 (1-Bedroom Apartment): A renovated flat featuring high ceilings, an open layout, modern finishes, a contemporary kitchen with stainless steel appliances, and an in-unit washer/dryer. Unit 3 (2-Bedroom Apartment): A spacious, bright residence with an open floor plan, updated kitchen and baths, modern flooring, and a dedicated in-unit washer/dryer. Property Highlights: Turnkey & Low-Maintenance: Fully updated throughout with modern fixtures, kitchens, and bathrooms. The property currently generates an annual income of $71,100. In-Unit Laundry: Each residential unit includes its own washer and dryer, a highly requested amenity for Center City tenants. Central Location: Located in a highly walkable neighborhood (Walk Score: 99, Transit Score: 100) steps from Seger Park, Thomas Jefferson University Hospital, Pennsylvania Hospital, local dining, Whole Foods, and public transit. Whether you are looking to expand your real estate portfolio with a high-performing premium asset or purchase a live-work property in one of Philly's most desirable neighborhoods, this Pine Street gem is ready for its next chapter. Schedule your tour today!

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2181.0

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Heating YN

    YES

  • Heating

    Electric, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

  • View

    City

Area & Lot

  • Lot Size(acres)

    0.01

  • Lot Size(square feet)

    633

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Other

Price

  • Sales Price

    $1,045,000

  • Tax Amount

    $8,944

  • Sq. Footage

    2,181

  • Price/SqFt

    $479

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Tax Lot

    205

  • Water Source

    Public

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Listing Courtesy of Gregory J Damis , BHHS Fox & Roach-Center City Walnut

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Agent Nick Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Nick Polinchock

Call Nick today to schedule a private showing.

(267) 614-1331

(215) 821-8836

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Mixed-Use Investment Opportunity in Washington Square West! 1024 Pine Street is a fully renovated, multi-unit building located on a tree-lined block along historic "Antiques Row" in Washington Square West. This versatile property is well-suited for an investor looking for a turnkey asset or an owner-occupant interested in a live-work setup with rental income. The property is currently fully occupied and generates over $71,000 in yearly income making this a fantastic investment opportunity. The building consists of three fully updated units: Unit 1 (Commercial): A street-level retail/office space with high-visibility storefront windows and historic architectural details. It is currently occupied by an art gallery of Tony LaSalle, making it highly adaptable for retail, professional services, or a creative studio. Unit 2 (1-Bedroom Apartment): A renovated flat featuring high ceilings, an open layout, modern finishes, a contemporary kitchen with stainless steel appliances, and an in-unit washer/dryer. Unit 3 (2-Bedroom Apartment): A spacious, bright residence with an open floor plan, updated kitchen and baths, modern flooring, and a dedicated in-unit washer/dryer. Property Highlights: Turnkey & Low-Maintenance: Fully updated throughout with modern fixtures, kitchens, and bathrooms. The property currently generates an annual income of $71,100. In-Unit Laundry: Each residential unit includes its own washer and dryer, a highly requested amenity for Center City tenants. Central Location: Located in a highly walkable neighborhood (Walk Score: 99, Transit Score: 100) steps from Seger Park, Thomas Jefferson University Hospital, Pennsylvania Hospital, local dining, Whole Foods, and public transit. Whether you are looking to expand your real estate portfolio with a high-performing premium asset or purchase a live-work property in one of Philly's most desirable neighborhoods, this Pine Street gem is ready for its next chapter. Schedule your tour today!

1024 PINE STREET

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