The Only Name You Need In Real Estate! When Results Matter!
Courtesy of: Elizabeth Campion
Days On Market: 216
Year Build: 1900
Albert M. GreenfieldElementary School
Albert M. Greenfield Elementary SchoolMiddle School
South PhiladelphiaHigh School
Address: 1504 PINE ST
This is a gorgeous property, in a fabulous location, It was last available in 1978! Do not miss this opportunity to be the new owner. The legal use is SEVEN (7) Apartments. There are two extra apartments (3R and 4R being kept vacant). These could be combined with 3F to make a wonderful Owner's unit with 4-5 Bedrooms, 3 full baths and bonus sinks for a "Wet Bar" &/or private "Art Studio".
This building is good investment and holds possibilities for an owner occupant to 'live for free' in the heart of the city, in a very grand European 'Hotel Particulier" fashion. The 6 additional rents can cover the costs of ownership.
Rents are below market, but most leases are up for renewal/change on 7/31/2022, (subject to 90 Days Notice or automatic one-year Renewals).
1. This is an Estate. There will not be a Seller Disclosure.
2. An Owner/heir and the Property Manager hold PA. REAL ESTATE LICENSES.
3. A Rent Roll is available, Email the Listing Agent. Verify it is current before making an offer, or require copies of the leases within the Purchase Offer.
4. There is the possibility to combine this listing with other Investment Properties. It is part of a package that took decades to acquire, E-mail the Listing Agent for Details.
5, The Owner will consider a Buyer's 1031 Tax Free Exchange.
6. Buyers MUST SUPPLY PROOF OF FUNDS along with a description of payment method and preferred Timelines for access to any occupied unit. Buyers may also make an offer, subject to post Agreement Inspections.
7. Same day showings of basements and any VACANT apartments are possible.
8. Walk around to Waverly street to see the Parking Space.
Courtesy of: Elizabeth Campion Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 25th September, 2022 2:22 AM (UTC)