Page 20 - 221 Pine St - CMA

Society Hill
235 Pine St
Property Status
Closed
Transaction Information
Original Listing Price: $1,650,000 Last Asking Price: $1,650,000 Closing Price: $1,485,000 Listed Date: 3/26/2018 Contract Date: 5/2/2019 Sold Date: 7/16/2019 DOM: 403 Listing Brokerage: Keller Williams Philly
Property Information
Property Type: Multi- Family Property Subtype: Fee Simple Baths Full / Half: 0 / 0 Lot Size: 1,633 SF / 0.04 AC Year Built: 1919 Taxes: $10,735 / Yr
Great opportunity to purchase a completely renovated and self contained 5 unit apartment building in the finest location in Society Hill. Features include a common basement, common laundry room, common red brick yard and an APPROVED 10 year tax abatement. All units offer living rooms, hardwood flooring, non-working fireplace mantles, exposed brick walls and windows. The kitchens boast white cabinetry, granite countertops, stainless steel appliances, tile backsplashes and tile flooring. The bathrooms feature contemporary vanities and all-tile stall showers. All units are 1 bedroom, 1 bath, except for 3rd floor front, which is a bi-level 3 bedroom, 1.5 bath unit. The common basement hosts ample storage space and all new electric, heaters and plumbing. Electric heat pumps in each unit for heating and cooling. There are 5 gas meters, 6 electric meters and 6 electric hot water tanks. Owner pays electric for common hall and laundry room & electric hot water for laundry room. All other utilities are separately metered and paid by tenant. Great long term blue chip investment! Located just a stone's throw from HeadHouse Square, 3 Bears Park, the waterfront and more!
Compass RE is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
Comparable Property Details
Prepared for Bill Harlam 3/23/2021