SIX UNITS TOTAL. Location! Location! Location! AND PARKING TOO! This is one of just a few properties located DIRECTLY ON Picturesque Louis Kahn Park with Park Views. And located on Historic Antique Row. This is a Large Multi-Unit building with 3 apartments, 1 store, and 2 PARKING SPACES. This property is 19' wide and stretches from Pine Street on the front to Waverly Street on the back. Entering on Pine Street there is a Beautiful Boutique Retail Store with 12' ceilings & a full basement with high ceilings for inventory/work space, and 2 large apartments on the upper levels. On Waverly Street, there are 2 PRIVATE PARKING SPACES and 1 rear apartment with its own private entrance. Every apartment has plenty of windows & natural light-more than most apartments. All apartments have white kitchen cabinetry & counters, newer appliances including dishwashers. Hardwood Floors &/or carpeting. All baths include tiled walls & floors. ***The 2 parking spaces are valued at $100, 000.00***. Price per Square Foot is $409.46. There are possible opportunities to expand the building in the back, add balconies, and construct another level on top. TENANTS LOVE TO LIVE AT THIS LOCATION: Whole Foods, Starbucks, Acme, Brand New WaWa, Cvs, and more within blocks, and Pine Street is lined with fun shops. Also walk to Jefferson University-Hospital, Pennsylvania Hospital, University of the Arts, Midtown Village, and the Business District. Rental Rates listed above are Current Market Value in current condition--current tenants have been in place for years and pay less because the current Owner has not made increases, so this is an opportunity to increase rental income easily and make this building into your own. More detailed information for income and expenses available upon request. With a LITTLE work your rents can be MUCH HIGHER. Listing Agent available by phone 9am-11pm EST 7 days a week.
About this Area
Like so many of Philadelphia’s neighborhoods, Washington Square is rich in historical landmarks dedicated to Pennsylvania’s long heritage. One of five original squares for Philadelphia as planned by William Penn and his surveyor, Thomas Holme, its original name was Southeast Square. Just a minute’s walk from Independence Hall and the Liberty Bell, the park itself is included...
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Data last updated: 07/23/2019.
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