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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1108 PINE Street in PHILADELPHIA, PA is listed for $2,450,000 ($583 per sqft). Built in 1968, the home offers 4,200 sqft of living space on a 0.05 acres lot.

Agent Description

Investor Alert - Prime Mixed-Use Opportunity in Washington Square West.An extensively renovated and well-located mixed-use property is now available in the heart of Washington Square West's Antique Row, directly overlooking the lush Kahn Park. This rare offering blends timeless location with modern upgrades, delivering both lifestyle appeal and lon

g-term investment potential.The property features 2,500+ sq ft of ground-level commercial space, currently built out as an art gallery. With flexible CMX1 zoning, the layout can be easily adapted to retail, studio, or professional office use, capturing strong projected commercial rents.

Upstairs, you'll find four fully renovated one-bedroom, one-bathroom apartments, each separately metered and featuring newer HVAC systems (2022), modern finishes, and updated layouts ideal for urban renters.Total building size exceeds 4,200 sq ft, and recent tax abatement approval further enhances long-term return potential.

While current residential leases generate steady income, full lease-up and commercial occupancy could position this property at a projected revenues, in line with prime Center City mixed-use comparables.Additional amenities include a rear parking space (or patio conversion opportunity), bamboo and tile flooring, modern fire/security systems, and un

beatable walkability to Seger Park, Whole Foods, Tria, Mixto, Bleu Sushi, SEPTA transit, and more.Highlights:.Fully renovated mixed-use building (2022 systems),Projected gross income: $150,000+,Tax abatement in place, Located in one of Philadelphia's most desirable, high-foot-traffic corridors,Rare value-add commercial vacancy in turnkey condition,

Zoned CMX1 with flexible use potential,1108 Pine St is ideal for 1031 exchange buyers, long-term investors, or owner-operators seeking prestige and upside in Philadelphia's urban core.

Key Features

  • Built in 1968
  • 0.05 acre lot

Property Details

1968

Amenities

A/C

Monthly Cost Estimate

$13,103/mo

20% down · 6.5% · 30 years

Principal$1,772
Interest$10,617
Insurance$715

Estimates only. Actual payments may vary.

Location

1108 PINE Street

PHILADELPHIA, PA 19107

WASHINGTON SQ WEST

Property Details

Construction

Masonry

Parking

On Street

Heating

Forced Air

Cooling

DuctlessCentral Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1108 PINE Street is listed at $2,450,000 ($583/sqft). The estimated monthly payment is $10,617 based on 20% down at 6.5% interest.

Key features include: Built in 1968, 0.05 acre lot.

This property is listed by Michael A. Kelczewski and can be reached at 3023831983 or andrewk529@gmail.com.

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MK

Michael A. Kelczewski

Agent at Kurfiss Sotheby's International Realty

(302) 383-1983

Listed by Kurfiss Sotheby's International Realty · View on Broker Site

MLS# PAPH2356374· Source: listhub· Updated 693 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1108 PINE Street, PHILADELPHIA, PA 19107

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