The Pinewood, a rare 14-unit property in one of Philly~s most desirable neighborhoods. Significant character, hardwood floors throughout. Ten 1 bedrooms, Two 2 bedrooms, and Two studios. Several units with outdoor space. Sought-after units with excellent closet space. The current owner has always rented this building quickly and has not regularly raised rents. Generate higher rents as-is or make improvements for much higher rents. 62.5~ x. 159~ lot size and 9,800 finished, above-grade square feet. NOTES~Two separate deeds; offered as single package (taxes and other data reflect the combined property). 405 has 8 units and 407 has 6. All units have separate electric. Owner pays gas heat and water. 405 has a high-efficiency recirculating boiler (94.2%). 407 has a newer boiler (not high-efficient). Both buildings renovated, updated, and constantly maintained since 1995. 407 fully updated electric. 405 common area not fully updated electric (but up to code). LOCATION--This impressive building is situated on a wide, tree lined -block, just one block from Clark Park and its fabulous Farmers' Market, Clarkville, and Green Line. Easy walk to Milk & Honey, Baltimore Avenue's Restaurant Row, Renata's, Penn Alexander Catchment School, Honest Tom's, Local 44 and the Bottle Shop, Pop Shop, CVS, and so many other coffee shops, restaurants, and shopping. Close to HUP, CHOP, Penn, Drexel, University of the Sciences, Presby, Science Center. 12 minutes to Center City by car or bike and plenty of convenient SEPTA options. INCOME & EXPENSES & RENTAL INFORMATION AVAILABLE.

  • MLS# PAPH693280
  • Sub-Type Resale
  • Status Active
  • Year 1920
  • Days On Site 11
SQ Feet 9,600
Units 2
Listing Provided By:
Jeffrey Block  of  Compass Pennsylvania LLC
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $2,325,000
2,114.29%
$105,000 in 19104
this listing 9,600 SqFt
816.03%
1,048 SqFt in 19104
this listing $242 $/SqFt
141.73%
$100 $/SqFt in 19104
this listing 11 on site
65.63%
32 on site in 19104

Location

State PA
City PHILADELPHIA
Zip Code 19104
Area 19104 (19104)

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