505 Pine St

Philadelphia, PA 19106

$810,000
Last Sold Price
4
Beds
4
Baths
3,867 Sq. Ft.
$209 / Sq. Ft.
3,867
Sq. Ft.
$209
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 9/9/22
Closed 9/9/22

Description

Investment opportunity in the heart of Society Hill. This 4-unit building is situated in a highly desirable location - across the street from public transport; around the corner from a supermarket and a CVS; and in one of Philadelphia's most beautiful, historic neighborhoods. It's no surprise these units are never vacant. There are four - one bedroom, one bath units, sharing a common area in the basement with coin operated laundry. Purchase and enjoy the income or renovate the units over time to...Investment opportunity in the heart of Society Hill. This 4-unit building is situated in a highly desirable location - across the street from public transport; around the corner from a supermarket and a CVS; and in one of Philadelphia's most beautiful, historic neighborhoods. It's no surprise these units are never vacant. There are four - one bedroom, one bath units, sharing a common area in the basement with coin operated laundry. Purchase and enjoy the income or renovate the units over time to take advantage of significantly higher rents. Please do all your due diligence before scheduling an appointment. Units are all occupied, many with tenants who work from home. Matterport videos are available for each unit for your convenience.
  1. Listed by Melanie M Stecura • Kurfiss Sotheby's International Realty
    P: (917)-757-4309 stecura@kurfiss.com

Property Details for 505 Pine Street

Tax ID Number
051182900
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Views
City
Garage
No
Municipality
PHILADELPHIA
LISTING UPDATED: 09/09/2022 11:26 AM

Property Details for 505 Pine Street

StatusClosed
MLS #PAPH2086328
Days on Market119
Taxes$16,502 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1910
Lot Size0.03 AC / 1,404 SF
CountyPhiladelphia County
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Location

Listing Courtesy of Kurfiss Sotheby's International Realty

Sold By BHHS Fox & Roach The Harper at Rittenhouse Square

Add your commute

Building Information for 505 Pine Street

Stories2Residences-Year Built1910Building Size-Lot Size0.03 AC / 1,404 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$5,454 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,079

Property Taxes

$1,375

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 505 Pine Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • Elementary School: MC CALL GEN GEORGE (PHILADELPHIA PA)
  • ElementarySchoolSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19106 (19106)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $1,178,900
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $825,271
  • City Town Tax: $7,447
  • Land Assessed Value: $353,629
  • Land Use Code: U50
  • Zoning: RM1
  • Tax Lot: 8044
  • School Tax: $9,055
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 2
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: Bi-level unit. Main level has living room, bedroom & full bath. Lower level has kitchen and dining room or den area.
  • Total Rooms: 3
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: Unit 1R has private access to backyard. Main level has living room, bedroom and full bath. Lower level has kitchen & dining area
  • Total Rooms: 3
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: Largest unit in building with fireplace. Large living room, open kitchen/dining room, bedroom and full bath.
  • Total Rooms: 3
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: Top floor unit with deck. Large open floor plan living/dining/kitchen with vaulted ceilings, bedroom and full bath.
Financial Information
Financial Information
  • Annual Rental Income: $57,360
  • Existing Lease Type: Yearly, Month to Month
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 18.00 x 78.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 905639
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Carpet, Exposed Beams
  • Fireplace: Yes
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 505 Pine Street

DateEvent & SourcePriceAppreciation
Sep 9, 2022

Closed

BRIGHT #PAPH2086328

$810,000—
Jul 20, 2022

Closed (Public Record)

Public Record #1497179594

$810,000—
Jun 14, 2022

Pending

BRIGHT #PAPH2086328

—
DateEvent & SourcePrice
09/09/2022

Closed

BRIGHT #PAPH2086328

$810,000
07/20/2022

Closed (Public Record)

Public Record #1497179594

$810,000
06/14/2022

Pending

BRIGHT #PAPH2086328

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 505 Pine Street

Taxable ValueLand$158,300Additions$633,200Total$791,500
Tax Record2025$11,079 ($923 / month)
Home Facts
Total Finished SqFt3,267 SqFtAbove Grade Finished SqFt3,267 SqFtStories4Lot Size1,404 SqFtStyleMulti-Family Res (5+ Units)Year Built1910ZoningRM1CountyPHILADELPHIAAPN05-1-1829-00

Schools near 505 Pine Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
McCall Gen George A School
Public - K to 8
Franklin Benjamin High School
Public - 9 to 12
Constitution High School
Public - 9 to 12
Academy At Palumbo
Public - 9 to 12
Rating
School
Distance
McCall Gen George A School
PublicK to 8

Franklin Benjamin High School
Public9 to 12

Constitution High School
Public9 to 12

Academy At Palumbo
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Kurfiss Sotheby's International Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.