1508 Pine St
Philadelphia, PA 19102
Multifamily Property For Sale · 4 Units

The property at 1508 Pine Street is part of the historic row of Italianate Brownstones known as “Lewis Row”. The architect of this iconic brownstone block was Thomas Ustick Walter, who is famous for designing the dome of our nation’s capital in Washington DC was on the team of architects that designed Philadelphia’s City Hall. About 8 years ago, 1508 Pine Street was purchased by Philadelphia Restoration Architect, Martin J. Rosenblum, as a complete shell. Except for the historic features that could be saved, 1508 was gutted and completely re-designed and re-built with high-end materials and finishes. The end result was four “magazine quality’ condominiums consisting of three large bi-level units and one large tri-level unit. All units have separate tax parcel numbers. The building has been a rental property since the renovation and is being sold in its entirety. Going forward, a new purchaser would have the option of selling off one or all of the units if they so choose. The property goes street to street and has a two-car side-by-side parking area on Waverly Street. Two years remain on its 10-year tax abatement. There is information enclosed regarding the taxes.