1501 Reed Street

PHILADELPHIA, PA 19146

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,320 Sqft
  • 1440
    Sqft(Lot)
$1,100,000

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.

  • Property Type

    Multi-Family

  • Subdivision

    Newbold

  • County

    PHILADELPHIA

  • Style

    Other

  • AD ID

    48388134

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Basement Description: Unfinished

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Central
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1915
    • Structure: End of Row/Townhouse
    • New Construction: No
    • Total Units: 4
    • Built: 1915
    • Construction Material: Masonry
    • Foundation/Basement: Other
    • Architecture: Other
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 1,440
    • Dimensions: 18.00 x 80.00
    • Lot Size (Acres): 0.03
    • Architectural Style: Other
    • Main Square Feet: 1,440

    Property Information

    • SQ ft: 4,320
    • SQ ft (Living Area): 4,320
    • Total Lot SQ ft: 1,440
    • Subdivision: NEWBOLD
    • Financing: Cash,Conventional
    • Appx. Lot Dimensions: 18.00 x 80.00
    • Total Acreage: 0.03
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: 0-30 Days CD,31-60 Days CD
    • Days Of Market: 7

  • Tax Information

    • Annual Tax: $8,048
    • Tax Year: 2025
    • Total Taxes Payment Frequency: Annually

    Possession

    • 0-30 Days CD,31-60 Days CD

    Assessment Information

    • Taxes Assessment Amount: $575,000

  • Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional

    Homeowners Association Information

    • Direction: On Reed St at 15th, one block off Broad St.

  • School Information

    • School District: PHILADELPHIA CITY

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Location Type: Urban
    • Direction: On Reed St at 15th, one block off Broad St.
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BuyOwner last updated this listing 01/29/2025 @ 13:37

  • MLS: PAPH2436340
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 4,320 sqft, 1,440 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19146, this PHILADELPHIA County Other , it is in the NEWBOLD Subdivision, are nearby neighborhoods.