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Listed by Kate Federico • Compass Pennsylvania, LLC
$899,000
Est. payment /mo
1,440 Sqft Lot
New
1501 REED ST Philadelphia, PA 19146
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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Newbold
MLS Listing ID PAPH2575820
Year Built 1915
Annual Tax Amount $8,048
Tax Year 2025
Lot Size 1,440 Sqft
Acres 0.03
Lot Dimensions 18.00 x 80.00
Property Sub-Type Five Or More Units
Source BRIGHT
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 (3) one bed one bath units , (1) two bed one bath unit and (2) 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.
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Private Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881114101
Ownership Fee Simple
Special Listing Condition Standard
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