Philadelphia, PA 19146,1405 REED ST
Philadelphia, PA 19146,1405 REED ST
Philadelphia, PA 19146,1405 REED ST
Philadelphia, PA 19146,1405 REED ST
Philadelphia, PA 19146,1405 REED ST
Philadelphia, PA 19146,1405 REED ST
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$455,000

$499,000

8.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,225 SqFt


SOLD DATE : 06/28/2024

Key Details

Sold Price $455,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,225 sqft

Price per Sqft $204

MLS Listing ID PAPH2316726

Sold Date 06/28/24

Style Straight Thru

Abv Grd Liv Area 2,225

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $8,284

Tax Year 2022

Lot Size 1,440 Sqft

Acres 0.03

Lot Dimensions 18.00 x 80.00

Property Description

Calling all investors, come check out this amazing opportunity to purchase in an already up and coming area of the the city. Conveniently located 1 block from Broad street, this 5-unit income producing property is ideal for your investment portfolio! The building has 4 one bedroom units and 1 studio. Three of the five units have been updated and have significant room to raise rents. Updating on the remaining units would bring all apartments to market rent and make this asset an amazing cash flowing investment. Tenants pay all utilities except for water. All leases and rental licenses available upon request. Please allow 48 hours for showing approval. Make an appointment ASAP before this property is sold!

Location

State PA

County Philadelphia

Area 19146 (19146)

Zoning RSA5

Rooms

Basement Unfinished

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 365347500

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Matthew Robertson • OCF Realty LLC - Philadelphia
Bought with Kaijie Zhao • GE21 Realty
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5202 Presidents Ct, Frederick, MD, 21703, USA

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