1501 Reed Street, Philadelphia, PA 19146-4868 $1,100,000

# of Units: 4
Interior Sq. Ft: 4,320
Acreage: 0.03
Age:110 years
Taxes: $8,048
MLS#: PAPH2436340
Subdivision: Newbold
Design/Type:
End of Row/Townhouse

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 you’re 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.

Taxes: $8,048
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Philadelphia City

Features

Utilities
Central Heating, Natural Gas, Central A/C, Natural Gas, Hot Water - Natural Gas, Public Water, Public Sewer

Garage/Parking
On Street

Interior
Unfinished Basement

Exterior
Masonry

Lot
Urban

Contact Information

Listing Courtesy of: Compass Pennsylvania, LLC , (267) 435-8015, marianne.dillon@compass.com

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Listing data as of 2/28/2025.