1024 PINE STREET

PHILADELPHIA, PA19107

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!

Listing courtesy of BHHS Fox & Roach-Center City Walnut



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.