Address not disclosed, Philadelphia, PA 19103
Address not disclosed, Philadelphia, PA 19103
Address not disclosed, Philadelphia, PA 19103
Address not disclosed, Philadelphia, PA 19103
Address not disclosed, Philadelphia, PA 19103
Address not disclosed, Philadelphia, PA 19103
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Listed by Tom Dilsheimer • Compass Pennsylvania, LLC
$ 1,990,000
Est. payment | /mo

2,200 Sqft Lot


Save
$ 1,990,000
Est. payment | /mo
Save

2,200 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Rittenhouse Square

MLS Listing ID PAPH2677318

Year Built 1890

Annual Tax Amount $16,229

Tax Year 2026

Lot Size 2,200 Sqft

Acres 0.05

Lot Dimensions 22 x 100

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

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.

Location

State PA

County Philadelphia

Area 19103 (19103)

Zoning RM1

Interior

Hot Water 60+ Gallon Tank

Heating Radiator

Cooling Central A/C, Wall Unit

Flooring Ceramic Tile, Hardwood

Inclusions All appliances including washers and dryers

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881528700

Ownership Fee Simple

Security Features Intercom,Main Entrance Lock

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

Special Listing Condition Standard

Bright MLS (BMLS)
Brian Foraker

+1(302) 420-4616

brian@forakersales.com

135 E State St, United States

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