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928 Pine Street

Philadelphia PA 19107

7
9778 sq. ft.
3525 sq. ft.
Other
Currently for sale - view listing

Overview

Attention all investors, this is the asset you have been waiting for! Boasting 9778 square feet in the heart of Washington Square, this double wide, 4 story building has a successful restaurant with a long term lease, 11 residential apartments, and addition land square footage. There is never a vacancy! This is a Blue Chip opportunity for the savvy investor! The storefront is beautiful, has a Fantastic neighborhood presence and is always packed. The apartments are a perfect mix of studios, 1 bedrooms, 2 bedrooms and even a 3 bedroom, 2 bathroom unit. The space is enormous, has mostly separate utilities and features exposed brick walls, intercoms, some newer kitchens and even decks. With a gross income of $218,100.00 and a true 5 cap in the heart of Center City, this one just makes sense. Do not play the market, the bricks are always there. Center City has had a consistent appreciation and has risen 20% in the last 2 years. Rents have been skyrocketing, and there is much upside with this property. Make your move today!

Features

7 bedrooms
9778 sq. ft. floor area
3525 sq. ft. lot size
Other

Property history for 928 Pine Street

2024
Rented
Undisclosed
08 Nov 2024 by Philly LMG, LLC
2024
Rented
Undisclosed
16 Aug 2024 by Philly LMG, LLC

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Local market activity for 7 bedroom other properties in Philadelphia

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