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Listed by Greg Damis • BHHS Fox & Roach-Center City Walnut
$ 1,045,000
Est. payment /mo
New
1024 PINE ST Philadelphia, PA 19107
633 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Washington Sq West
MLS Listing ID PAPH2651142
Year Built 1900
Annual Tax Amount $8,944
Tax Year 2026
Lot Size 633 Sqft
Acres 0.01
Lot Dimensions 20.00 x 32.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
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!
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!
Location
State PA
County Philadelphia
Area 19107 (19107)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Flooring Hardwood
Heat Source Electric
Exterior
Water Access N
View City
Roof Type Asphalt
Accessibility Level Entry - Main
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871508470
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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