4242 Pine Street

Philadelphia, PA 19104

$895,000
Price
Beds
2,160 Sq. Ft.
$414 / Sq. Ft.
2,160
Sq. Ft.
$414
per Sq. Ft.

Description

Rare 4-Unit Investment Grade Property in the Heart of University City on the 42nd block of Pine Street. Over $60,000 rent roll, producing steady and growing income for investors. All units are recently renovated and upgraded with separate utilities (electric and gas) while retaining its historical charm and character. Walking distance to University of Pennsylvania, Penn Medicine and University of Sciences. Unit 1 - 2B2B - $1,280
Unit 2 - Studio - $795
Unit 3 - 2B1B - $1,380
Unit 4 - 2B1B - $1,650

Property Details for 4242 Pine Street

Expected On Market Date
06-01-2021
Municipality
PHILADELPHIA
Ownership
Fee Simple
Style
Other
Structure Type
Interior Row/Townhouse
Total Parking Spaces
0

Location

Listing Courtesy of Tesla Realty Group LLC

Property Details for 4242 Pine Street

StatusActive
MLS #PAPH1018344
Days on Market49
Taxes$5,029 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.03 AC / 1,520 SF
CountyPhiladelphia County

Contact a Compass agent

Location

Listing Courtesy of Tesla Realty Group LLC

Building Information for 4242 Pine Street

Stories-Residences4Year Built1915Building Size-Lot Size0.03 AC / 1,520 SF

Payment Calculator

$3,418 per month

30 year fixed, 2.95% Interest

Principal and Interest

$2,999

Property Taxes

$419

HOA Dues

$0

Property Information for 4242 Pine Street

Location Info
    School Info
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
    Location Info
  • MLS Area: 19104 (19104)
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
Association / Community Info
    Association / Community Info
  • HOA: No
Taxes and Assessment Info
    Tax Info
  • Tax Annual Amount: $5,029
  • Tax Year: 2021
  • School Tax: $2,760
  • County Tax: $0
  • City Town Tax: $2,270
  • Clean Green Assessed: No
  • Zoning: RM1
  • Tax Lot: 30
  • Tax ID Number: 272050200
    Assessment Info
  • Tax Assessed Value: $359,300
  • Year Assessed: 2021
  • Improvement Assessed Value: $305,405
  • Land Assessed Value: $53,895
Financial Info
    Ground Rent
  • Ground Rent Exists: No
    Utilities
  • Cooling Fuel: None
  • Heating Fuel: Electric
  • Hot Water: Multi-tank
  • Sewer Septic: Public Sewer
  • Water Source: Public
    Financial Info
  • Annual Rental Income: $62,000
  • Income Includes: Laundry
Rent Info
    Rent Info
  • Existing Lease Type: Yearly
  • Rent Control: No
Building Info
    SQFT
  • Above Grade Finished SQFT: 2160
  • Below Grade Finished SQFT: 0
  • Below Grade Unfinished SQFT: 0
  • Total Finished SQFT: 2160
  • Tax Total Finished SQFT: 2160
    Structure
  • Building Units Total: 4
  • Other Structures: Above Grade, Below Grade
  • Accessibility Features: None
  • Construction Materials: Masonry
  • New Construction: No
    Unit Info
  • Single Room Units Count: 1
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Leased Count: 4
Lot Info
    Lot Info
  • Property Type: Multi-Family
  • Land Use Code: U50
  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 16.00 x 95.00
  • Lot Size Source: Assessor
  • Lot SQFT: 1520
  • Lot Size Acres: .03
  • Navigable Water: No
  • Age: 1915
Parking
    Parking
  • Garage: No
  • Type Of Parking: None
Interior Features
    Interior Features
  • Fireplaces Count: 0
  • Central Air: No
  • Cooling Type: None
  • Heating: Yes
  • Heating Type: Baseboard - Electric, Baseboard - Hot Water
Exterior Features
    Exterior Features
  • Pool: No Pool

Property History for 4242 Pine Street

DateEvent & SourcePriceAppreciation
Jul 14, 2021

Price Change

BRIGHT #PAPH1018344

$895,000
Jul 1, 2021

Listed (Active)

BRIGHT #PAPH1018344

Jun 16, 2021

Active Under Contract

BRIGHT #PAPH1018344

DateEvent & SourcePrice
07/14/2021

Price Change

BRIGHT #PAPH1018344

$895,000
07/01/2021

Listed (Active)

BRIGHT #PAPH1018344

06/16/2021

Active Under Contract

BRIGHT #PAPH1018344

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

Public Records for 4242 Pine Street

Taxable ValueLand$53,895Additions$305,405Total$359,300
Tax Record2021$5,029 ($419 / month)
Home Facts
Total Finished SqFt2,160 SqFtAbove Grade Finished SqFt2,160 SqFtStories3Lot Size1,520 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRM1CountyPHILADELPHIAAPN272050200

Schools near 4242 Pine Street


SchoolTypeGradesDistanceRating
Penn Alexander SchoolPublicK-80.1 mi
9
Jubilee SchoolPrivatePK-60.2 mi
NR
Spruce Hill Christian SchoolPrivateK-80.2 mi
NR
Hms School For Children With Cerebral PalsyPrivate0.2 mi
NR

Penn Alexander School

K-8, 0.1 mi, Public

9

Jubilee School

PK-6, 0.2 mi, Private

NR

Spruce Hill Christian School

K-8, 0.2 mi, Private

NR

Hms School For Children With Cerebral Palsy

0.2 mi, Private

NR

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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4242 Pine Street is a multi-family home for sale in Philadelphia, PA 19104. This property was listed for sale on June 1, 2021 by Tesla Realty Group LLC at $895,000. It has been on the market for a total of 61 days and was last sold on April 3, 2019. This listing's school district is Philadelphia City School District. Nearby schools include Penn Alexander School, Jubilee School and Spruce Hill Christian School. 4242 Pine Street is a 0-bed, 0-bath, 2,160 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tesla Realty Group LLC

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