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1501 Reed Street

PHILADELPHIA, PA 19146
  • $1,100,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: PAPH2436340
UPDATED: 228 min ago
$1,100,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,320
    SQFT
  • $255
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

School District:

Description

Calling ALL Investors. Prime Location in the heart of Philadelphia's Newbold neighborhood! This turn key SIX UNIT multi family building consists of SIX updated, separately metered & CENTRAL AIR units. This amazing CORNER building consists of (4) one bed one bath units , (1) two bed one bath unit and (1) one bedroom with den , 1 bath unit. Tons of natural light, high ceilings, generous closets. Whether youre a seasoned investor, 1031 Exchange or exploring multifamily opportunities for the first time, this property offers solid location, functionality, and long-term value. Close proximity to local coffee shops & bakeries, Giant & Sprouts, Sports Complexes, Universities, Passyunk Square's trendy restaurants and Rittenhouse square retail, historic sites and more.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eric Askew | RE/MAX Experience. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-17T23:51:04.49.
www.ericaskewhomes.com/homes/159593844
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1501 Reed Street PHILADELPHIA, PA 19146

  • Price: $1,100,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 228 min ago
  • ID#: PAPH2436340
0
Beds
0
Baths
0
½ Baths
0.03
Acres
4,320
SQFT
$255
$/SQFT
1915
Built
Neighborhood:
Newbold
County:
Philadelphia
Area:
19146 (19146)
School District:
Philadelphia City
Property Description
Calling ALL Investors. Prime Location in the heart of Philadelphia's Newbold neighborhood! This turn key SIX UNIT multi family building consists of SIX updated, separately metered & CENTRAL AIR units. This amazing CORNER building consists of (4) one bed one bath units , (1) two bed one bath unit and (1) one bedroom with den , 1 bath unit. Tons of natural light, high ceilings, generous closets. Whether youre a seasoned investor, 1031 Exchange or exploring multifamily opportunities for the first time, this property offers solid location, functionality, and long-term value. Close proximity to local coffee shops & bakeries, Giant & Sprouts, Sports Complexes, Universities, Passyunk Square's trendy restaurants and Rittenhouse square retail, historic sites and more.
Exterior Features

Architectural Style Other Construction Materials Masonry Garage YN No Location Type Urban Parking Types On Street Pool No Pool Property Condition Good Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4320 Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Exclusions All tenants belongings Fireplace YN No Heating Central Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1

Property Features

Acceptable Financing CashConventional Accessibility Features Other Central Air YN Yes Cooling Fuel Natural Gas Cross Street 15th Existing Lease Type Month to MonthYearly Foundation Details Other Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Number Of Units Vacant 3 Original MLSNumber 803578534094 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 8048.00 Tax Lot 19 Transportation Bus Stop less than 1 mileMetro/Subway Station less than 1 mileAirport less than 10 miles Vacation Rental YN No Water Source Public Zoning RSA5

Listing courtesy of Compass Pennsylvania, LLC: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eric Askew | RE/MAX Experience. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-17T23:51:04.49.
 
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Eric Askew | RE/MAX Experience
3820 Mountain Rd., Suite H
Pasadena MD, 21122