• 1529 Reed Street PHILADELPHIA, PA 19146

  • $415,000
  • 0
    Bed(s)
  • 0
    Baths
  • 2,040
    Sq Ft
  • 816
    Sqft

Calling investors! Great opportunity to purchase a legal triplex located in Newbold section on South Philly just a block from Broad Street. The building features 2 nice sized residential one bedroom units over a ground floor commercial space. Commercial space is roughly 700sq/ft with half bath, large storefront window, and rear yard with direct access to the street. Separate entrance provides access to the second floor and the 2 occupied residental one bedroom units. Both units offer combined living/kitchen layout with large bedrooms with double closets located in the front of the building. Each has updated bath as well. Separate basement located through bilco doors houses extra storage and utilities. Located close to Broad Street for easy access to public transportation and walking distance to many great bars/restaurants and businesses in South Philly.

Property Type :

Multi-Family

County :

PHILADELPHIA

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Interior Features

Ceiling Fan(s)

Property Appliances: Oven/Range - Electric,Refrigerator

Heating & Cooling

Cooling: None

Heating: Baseboard - Electric

Cooling Fuel: None

Heating Fuel: Electric

Building Information

Year Built: 1915

Structure: Other

Major Appliances: Oven/Range - Electric,Refrigerator

New Construction: No

Total Units: 3

Built: 1915

Construction Material: Masonry

Architecture: Traditional

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Electric

Lot Information

Lot Size: 816

Dimensions: 17.00 x 48.00

Lot Size (Acres): 0.02

Architectural Style: Traditional

Main Square Feet: 816

Property Information

SQ ft: 2,040

SQ ft (Living Area): 2,040

Total Lot SQ ft: 816

Financing: Cash,Conventional

Appx. Lot Dimensions: 17.00 x 48.00

Total Acreage: 0.02

New Construction: No

Type: Traditional

Listing Information

Possession: Immediate,Negotiable,Subject to Existing Lease

Days Of Market: 107

Tax Information

Annual Tax: $3,946

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Immediate,Negotiable,Subject to Existing Lease

Assessment Information

Taxes Assessment Amount: $281,900

Parking Information

Total Parking Spaces: 0

Parking Type: None

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Homeowners Association Information

Direction: Commercial entrance on corner, residential entrance on N Mole.

School Information

School District: PHILADELPHIA CITY

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: None

Heating Fuel: Electric

Hot Water: Electric

Location Information

Location Type: Urban

Direction: Commercial entrance on corner, residential entrance on N Mole.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1338 S Stanley Street , Philadelphia, PA,19146 $89,900 -- -- 714 714 Sqft
2235 Cross Street , Philadelphia, PA,19146 $195,000 3 1.5 -- 707 Sqft
1438 S Colorado Street , Philadelphia, PA,19146 $395,000 3 2.5 1,261 624 Sqft
1520 S 31st Street , Philadelphia, PA,19146 $54,000 -- -- 767 767 Sqft
1323 S Lambert Street , Philadelphia, PA,19146 $139,000 -- -- 658 658 Sqft
1325 S Lambert Street , Philadelphia, PA,19146 $139,000 -- -- 644 644 Sqft
1327 S Lambert Street , Philadelphia, PA,19146 $139,000 -- -- 644 644 Sqft
1329 S Lambert Street , Philadelphia, PA,19146 $139,000 -- -- 644 644 Sqft
1414 S Taylor Street , Philadelphia, PA,19146 $175,000 -- -- 681 681 Sqft
2534 Annin Street , Philadelphia, PA,19146 $110,000 -- -- 608 608 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/07/2024 @ 06:08

MLS: PAPH2311686
LISTED BY: Kevin M McGettigan , OCF Realty LLC - Philadelphia
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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