1220 Pine St, Philadelphia, PA 19107

Property Description

Triplex in Prime Washington Square West Location – 1220 Pine Street, Philadelphia, PA 19107 Outstanding opportunity to own a well-maintained triplex on in the heart of Washington Square West, just steps from the Avenue of the Arts. Rentals under market value and month to month. Comparable rentals gross to $60k annually. This property features three spacious one-bedroom units, each with in-unit laundry, living room bath and kitchen and stable rent location providing consistent rental income with room for growth—a prime investment or owner-occupant opportunity. The first-floor unit, accessed from Pine Street, has been recently updated with vinyl plank flooring, central air, and forced hot air heat. This comfortable apartment also includes laundry on the main floor and basement access for tenant storage The second and third-floor units are accessible from charming Camac Street. The second-floor unit is a bright and inviting space, while the third-floor bi-level offers added living flexibility. Both upper units are equipped with two window A/C units each. Separate utilities with three heaters, gas and electric meters. Bilco doors also access the basement. Owner Cage for security equipment. Updated electrical panels. Situated in one of Philadelphia’s most desirable walkable neighborhoods, this property is close to parks, restaurants, entertainment venues, public transportation and next to Antique Row. Just two blocks to trains and buses, and under 10 miles to Philadelphia International Airport. Whether you're looking to expand your portfolio or occupy one unit while generating income, this triplex delivers on location, layout, and growth potential.