221 Pine Street

Description

Sellers are considering to install a home elevator to make the stairs walking easier even though they still love and never have any issues with the original wood steps and handrails. Please check with listing agent for status. Amazing 1746 Historic 277 year old end of row town house at the corner of 2nd & Pine Street was completely renovated in 2016 mixing historic charm with modern convenience. Two units with a total of 5 bedrooms, 5 bathroom, 3 fire places, a fenced private rear yard with a smart car parking, a balcony and large deck with beautiful view of the city and Penns Landing. This home is located in highly desirable Society Hill Philadelphia. Just one block to Penns Landing and a few blocks to Independence Hall. You will not find a better location in Philadelphia. This newly designed home is a beautifully decorated duplex that consists of a primary 3 bedroom / 3 bath home and a 2 bedroom / 2 bath In-law suite. With all new and separate gas and electric utilities the In-law suite is perfect to live in or simply a rental income. The first floor and basement unit was rented before May 31, 2023 with short term tenant for $6,485 after taking off tax and cleaning fee. And now both units are vacant. Finished basement features a bedroom, a full bathroom and an electric fireplace. Owner pays for all utilities. Both units have separate gas and electric meters. Projected income for long term tenants shall be around $4,500 for unit 1 and 6,000 for unit 2. The main house is located on the 2nd floor and features a living room with gas fireplace, chandelier, open kitchen with high-end stainless steel appliances and cherry hardwood floors. In the rear of the 2nd floor is a bedroom with a balcony and full bath. To maintain its historic feel highlighted areas of brick have been preserved as well as its original beautiful spiral staircase. The 3rd floor features the master bedroom with a gas fireplace and a full bathroom featuring marble with deep Jacuzzi tub as well as washer/dryer for convenience. Also on this floor is a doorway leading to a large deck that has unrestricted views of Headhouse Square and the Ben Franklin bridge. Simply a beautiful retreat and perfect location sun or to watch the annual fireworks. Moving to the 4th floor we find a vaulted ceiling with another bedroom and it's full bathroom. The exterior has been well maintained with new stucco and new roofing. You will love the ability to let your pets out in a private fenced in yard which is perfect for BBQ's. The near by Wells Fargo bank is the perfect neighbor as there is never any noise and they close each day at 5pm as well as all day Sunday. It is truly a location the owner fully regrets having to leave after 12 years of ownership. There is an amazing amount of space, even for it's baby grand piano.... Must See! Over 3,200 Interior Sq Ft and over 1,100 Exterior Sq. All furniture are negotiable with accepted offer. Parking options: owner can get a $25 parking permit for each car from city parking authority and park in 4 blocks radius all year long. And get a $5 guest daily parking pass/car. Or use Front and 2nd street parking lots(one inside and one outside lot) for about $200/month. Buyer can file appeal for 2024 new tax assessment to possibly reduce tax as owner occupied. Please check with your agent or city tax dept for more accurate information.