CHARIS REALTY GROUP

Other

1809 PINE STREET 00

PHILADELPHIA, PA 19103

MLS#: PAPH2682834

$1,990,000

Status: Active
Listing number: PAPH2682834
Listing provided by: Compass Pennsylvania, LLC
Listing agent phone: None
Last update: 26 minutes ago
New on site 1 day ago
Browse Properties
RITTENHOUSE SQUARE - Residential Income

Property

Beds

7

Full Baths

None

1/2 Baths

None

Year Built

1890

Sq.Footage

5,654

Turnkey income in one of Philadelphia’s most in-demand neighborhoods. 1809 Pine Street is a fully leased, updated 7-unit apartment building with parking just steps from Rittenhouse Square. A rare chance to own a stabilized asset on one of Center City’s most beautiful tree-lined blocks. The heavy lifting is done. The building has been thoughtfully updated and impeccably maintained, and every unit is leased through mid 2027. A new owner can step in with in-place cash flow and no lease-up risk. There are 2 parking spaces in addition to 7 one bed, one bath apartments. All have central air, some with in-unit laundry. The top floor includes a roof deck, and all have a basement storage locker. The building has separate utilities, and current fire and lead certs. Location is first rate. Residents are a short walk from Rittenhouse Square, Fitler Square, Schuylkill River Trail, Walnut Street shopping and dining, and easy access to University City and the major hospital and university employers. Rent roll, expenses and lease details available to qualified buyers upon request. All showings by appointment only.

Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    N/A

  • Above Grade Finished Area

    5654.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Window Unit(s), Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Natural Gas, Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.05

  • Lot Size(square feet)

    2,200

  • Property Type

    Residential Income

  • Property Sub Type

    Townhouse

  • Architectural Style

    Other

Price

  • Sales Price

    $1,990,000

  • Tax Amount

    $16,229

  • Zoning

    RM1

  • Sq. Footage

    5,654

  • Price/SqFt

    $351

HOA

  • Association

    N/A

  • Total Monthly Fees

    true

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    4

  • New Construction

    NO

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Tax Lot

    53

  • Water Source

    Public

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Listing Courtesy of Thomas S Dilsheimer, Compass Pennsylvania, LLC

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Agent Mike Mathis

Salesperson, Realtor

Mike Mathis

Call Mike today to schedule a private showing.

(301) 639-1165

mike@wolfeteam.net


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Turnkey income in one of Philadelphia’s most in-demand neighborhoods. 1809 Pine Street is a fully leased, updated 7-unit apartment building with parking just steps from Rittenhouse Square. A rare chance to own a stabilized asset on one of Center City’s most beautiful tree-lined blocks. The heavy lifting is done. The building has been thoughtfully updated and impeccably maintained, and every unit is leased through mid 2027. A new owner can step in with in-place cash flow and no lease-up risk. There are 2 parking spaces in addition to 7 one bed, one bath apartments. All have central air, some with in-unit laundry. The top floor includes a roof deck, and all have a basement storage locker. The building has separate utilities, and current fire and lead certs. Location is first rate. Residents are a short walk from Rittenhouse Square, Fitler Square, Schuylkill River Trail, Walnut Street shopping and dining, and easy access to University City and the major hospital and university employers. Rent roll, expenses and lease details available to qualified buyers upon request. All showings by appointment only.

1809 PINE STREET 00

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