1504 Pine St, Philadelphia, PA 19102

Property Description

Rare Investment Opportunity in Rittenhouse Square Exceptional chance to own a historically zoned multi-family property in one of Philadelphia’s most coveted neighborhoods. This legal six-unit building offers the potential for a seventh unit with a variance, presenting an excellent value-add opportunity for investors. Currently, two units are tenant-occupied, allowing flexibility for renovation or lease-up strategies. The property showcases timeless architectural details, including 20-foot ceilings on the first floor, original crown moldings, and 8-inch wainscoting along the hallways. The building’s layout includes: First Floor: Front one-bedroom and rear two-bedroom apartments Second Floor: Rear one-bedroom with private patio and front one-bedroom apartment Third Floor: Rear duplex with deck and front one-bedroom apartment Fourth Floor: Full-floor one-bedroom apartment Additional highlights include a fenced parking space at the rear of the property. A rare find in Rittenhouse Square—ideal for investors seeking long-term appreciation, value-add potential, and prime Center City location.