This exceptional property stands out as a true gem among its peers, boasting unrivaled features and craftsmanship. This gorgeous, blue chip investment property has roughly a 5% cap rate. Recent renovations have completely transformed this masterpiece from top to bottom, reflecting the meticulous attention to detail and artistic vision of its devoted owners. The first floor commercial space showcases an internationally renowned art gallery, with magnificent high ceilings, gorgeous natural light, and a strategically placed column, dividing the space into two separate galleries, each exuding its unique charm and allure. The office and a quaint half bathroom further enhance the functionality of this remarkable floor. Out back reveals a serene and inviting patio, overlooking an historic block; a true oasis in the heart of the bustling city. On the top two floors are 4 one-bedroom, one-bathroom apartments that showcase a seamless blend of modern amenities and timeless elegance. These opulent living spaces offer a true haven for residents, providing comfort and sophistication. Here are the following rent rolls: Unit 1: 1 bed, 1 bath $1650/mo, expiration 8/31/2023. Unit 2: 1 bed, 1 bath $1875/mo expiration 8/31/2023. Unit 3: 1 bed, 1 bath $1875/mo expiration 8/31/2023. Unit 4: 1 bed 1 bath $1650/mo expiration 8/31/2023. The first floor commercial unit will soon be listed for $6,000/mo. Embrace the allure of this unique gem, where history, culture, and contemporary living merge! All square footage numbers are approximate and should be verified by the buyer. It is the responsibility of the buyer to verify real estate taxes.
Property Details
Property Features
Property Information:
Architectural Style: Unit/Flat
Year Built: 1968
Living Area: 4,200 SqFt
Listing Office:
Office Name: KW Empower
Office Phone: (215) 627-3500
Listing Agent: Daniel Evenchen
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.05 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
School Info
Assigned Schools Information:
Benjamin Franklin High School, Public District Grades 9-12
General George A. McCall School, Public District Grades KG-8
Other
Directions Information:
Directions: On Pine Street between S 11th Street and Quince Street
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $2,600,000
Price Per SqFt: $619/SqFt
Tax Information:
Annual Amount: $11,453
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $2.3M more than the Median Sold Price and $424/SqFt more than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2259776
Listing Office:
Office Name: KW Empower
Office Phone: (215) 627-3500
Listing Agent: Daniel Evenchen
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
General George A. McCall School
325 S 7th St
Distance between this listing and this school0.37 miles
Public District Grades KG-8
High School
2
/10
Benjamin Franklin High School
550 N Broad St
Distance between this listing and this school1.30 miles
Public District Grades 9-12
Assigned Schools
6
/10
General George A. McCall School
325 S 7th St
Distance between this listing and this school0.37 miles
Public District Grades KG-8
Nearby Schools
7
/10
Meredith School
725 S 5th St
Distance between this listing and this school0.60 miles
Public District Grades KG-8
5
/10
Edwin M. Stanton School
1700 Christian St
Distance between this listing and this school0.66 miles
Public District Grades KG-8
Nearby Schools
6
/10
Christopher Columbus Charter School
South Building
Distance between this listing and this school0.43 miles
Public Charter Grades KG-8
6
/10
Independence Charter School
1600 Lombard St
Distance between this listing and this school0.46 miles
Public Charter Grades KG-8
6
/10
Universal Institute Charter School
800 S 15th St
Distance between this listing and this school0.49 miles
Public Charter Grades KG-9
Assigned Schools
2
/10
Benjamin Franklin High School
550 N Broad St
Distance between this listing and this school1.30 miles
Public District Grades 9-12
Nearby Schools
1
/10
World Communications Charter School
51220 South Broad St
Distance between this listing and this school0.30 miles
Public Charter Grades 6-12
8
/10
Academy At Palumbo
1100 Catharine St
Distance between this listing and this school0.33 miles
The neighbors living near this home have an average income of $47,458. Most Philadelphia, PA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1108 Pine St
What is the listing price of this property?
The listing price of 1108 Pine St property is $2,600,000.
What type of property is this?
The property 1108 Pine St is a house located in Philadelphia, Pennsylvania, 19107.
Is this property for sale now?
Active Listing: 1108 Pine St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1108 Pine St are: General George A. McCall School: GreatSchools Rating 6/10Benjamin Franklin High School: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $11,453 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 4, 2019 for $1,455,000. (source: MLS/tax record).
What is the square footage of this property?
The property 1108 Pine St is 4,200 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1108 Pine St is 1968.
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This home is located at 1108 Pine St in Philadelphia, PA and zip code 19107 in the Center City neighborhood. This 4,200 square foot home, which was built in 1968, sits on a 0.05 acre lot. It has been listed on Rocket Homes since July 19, 2023 and is currently priced at $2,600,000.
In March 2024 more than 228 listings in Philadelphia, PA were sold above the asking price. During the same period more than 214 listings were sold at asking price, while more than 481 were sold below. Between February 2024 and March 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 4.6%. In March 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $257,610.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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