Attention all investors, this is the asset you have been waiting for! Boasting 9778 square feet in the heart of Washington Square, this double wide, 4 story building has a successful restaurant with a long term lease, 11 residential apartments, and addition land square footage. There is never a vacancy! This is a Blue Chip opportunity for the savvy investor! The storefront is beautiful, has a Fantastic neighborhood presence and is always packed. The apartments are a perfect mix of studios, 1 bedrooms, 2 bedrooms and even a 3 bedroom, 2 bathroom unit. The space is enormous, has mostly separate utilities and features exposed brick walls, intercoms, some newer kitchens and even decks. With a gross income of $218,100.00 and a true 5 cap in the heart of Center City, this one just makes sense. Do not play the market, the bricks are always there. Center City has had a consistent appreciation and has risen 20% in the last 2 years. Rents have been skyrocketing, and there is much upside with this property. Make your move today!
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1903
Living Area: 9,778 SqFt
Listing Office:
Office Name: Keller Williams Philly
Office Phone: (215) 607-6007
Listing Agent: Michael R. McCann
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Baseboard, Hot Water
Cooling: Window Unit(s)
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: North on Broad Street to Pine Street and head east
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $3,200,000
Price Per SqFt: $327/SqFt
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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 $2.9M more than the Median Sold Price and $132/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: #PAPH2116168
Listing Office:
Office Name: Keller Williams Philly
Office Phone: (215) 607-6007
Listing Agent: Michael R. McCann
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.
We're sorry, we currently don't have sales or tax history data for this listing.
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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 school0.25 miles
Public District Grades KG-8
High School
2
/10
Benjamin Franklin High School
550 N Broad St
Distance between this listing and this school1.34 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 school0.25 miles
Public District Grades KG-8
Nearby Schools
7
/10
Meredith School
725 S 5th St
Distance between this listing and this school0.50 miles
Public District Grades KG-8
4
/10
George W. Nebinger Elementary School
601 Carpenter St
Distance between this listing and this school0.60 miles
Public District Grades KG-8
Nearby Schools
6
/10
Christopher Columbus Charter School
South Building
Distance between this listing and this school0.41 miles
Public Charter Grades KG-8
6
/10
Independence Charter School
1600 Lombard St
Distance between this listing and this school0.58 miles
Public Charter Grades KG-8
6
/10
Universal Institute Charter School
800 S 15th St
Distance between this listing and this school0.59 miles
Public Charter Grades KG-9
Assigned Schools
2
/10
Benjamin Franklin High School
550 N Broad St
Distance between this listing and this school1.34 miles
Public District Grades 9-12
Nearby Schools
8
/10
Academy At Palumbo
1100 Catharine St
Distance between this listing and this school0.35 miles
Public District Grades 9-12
1
/10
World Communications Charter School
51220 South Broad St
Distance between this listing and this school0.42 miles
The neighbors living near this home have an average income of $63,793. Most Philadelphia, PA residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 928 Pine St
What is the listing price of this property?
The listing price of 928 Pine St property is $3,200,000.
What type of property is this?
The property 928 Pine St is a house located in Philadelphia, Pennsylvania, 19107.
Is this property for sale now?
Active Listing: 928 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 928 Pine St are: General George A. McCall School: GreatSchools Rating 6/10Benjamin Franklin High School: GreatSchools Rating 2/10
What is the square footage of this property?
The property 928 Pine St is 9,778 SqFt (source: MLS/tax record).
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This home is located at 928 Pine St in Philadelphia, PA and zip code 19107 in the Center City neighborhood. This 9,778 square foot home, which was built in 1903, sits on a 0.08 acre lot. It has been listed on Rocket Homes since May 13, 2022 and is currently priced at $3,200,000.
In March 2024, from all listings sold in Philadelphia, PA there were more than 228 sold above asking price, over 481 sold below and more than 214 were sold right at the asked price. The number of homes for sale in Philadelphia, PA increased by 4.6% between February 2024 and March 2024. 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.