5131 Pine St

Philadelphia, PA 19143
$272,000
Sold 6/13/2014

Property Description

Looking for a manageable-sized, affordable home in University City? Live in the first floor of this triplex and let the other units’ rent help cover your mortgage. This Victorian building, which was totally renovated in 2007, overlooks Malcolm X Park and offers an owner occupant all the classic original details you’d expect, without three sprawling floors of living space to furnish and clean. The owner’s unit has a private entrance and exclusive access to the large rear yard and basement. Enter from the front porch to the living room with coffered ceiling and original wood floors and woodwork that continue throughout. Off the long hallway is the generous bedroom, updated hall bath and door to the clean unfinished basement that’s great for storage. At the rear of the unit is the large eat-in kitchen with maple cabinets, stainless steel appliances, granite countertops, undermount sink and ceramic tile backsplash. The two upper-floor units are classic West Philly apartments—roomy, sunny and with great original hardwood floors and details but with kitchens and baths as nicely renovated as the owner’s unit. The second floor has tons of closets throughout, a large front bedroom with bay window with door to potential deck and updated bath with original subway tile and leaded glass window intact. The third floor’s front bedroom has a triple window with leaded glass and built-in armoire and a nicely updated bathroom with ceramic tiled stall shower. The park at your doorstep offers an awesome playground, summer jazz and oldies series, and tons of open green space—and right around the corner is Rue 52 creperie and espresso bar. Investors, don’t overlook this one either: With current rents below market rate, this is a solid opportunity for a long-term investment in a rapidly appreciating section of West Philadelphia.

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