1724 Reed St

Philadelphia, PA 19146

$630,000
Last Sold Price
4
Beds
4
Baths
3,200 Sq. Ft.
$197 / Sq. Ft.
3,200
Sq. Ft.
$197
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 10/31/23
Closed 10/31/23

Description

Check out this amazing opportunity to own prime real estate in a truly ideal location. This duplex is perfect for an investor, whether that be someone looking for another property to add to the portfolio, or the first timer looking for that perfect “house-hack” opportunity, living in one unit and renting out the other. Unit 1 is currently tenant occupied. It is a lower-level (ground floor & basement) 2 bed, 2 bath apartment. Featuring stainless steel appliances, hardwood flooring and open floor plan...Check out this amazing opportunity to own prime real estate in a truly ideal location. This duplex is perfect for an investor, whether that be someone looking for another property to add to the portfolio, or the first timer looking for that perfect “house-hack” opportunity, living in one unit and renting out the other. Unit 1 is currently tenant occupied. It is a lower-level (ground floor & basement) 2 bed, 2 bath apartment. Featuring stainless steel appliances, hardwood flooring and open floor plan on the main level with a large living space on the bottom level as well. Out back is a small patio area. Unit 2 is currently vacant, and all photos are of this unit. It is a 2 bed, 2.5 and a half bath upstairs apartment. Featuring stainless steel appliances, hardwood flooring and an open floor plan on the main level. The main level also has a half bath. The upper floor features two nice-sized bedrooms. Each bedroom has its own dedicated full bath located in the shared hallway! The back bedroom door opens onto a great little balcony space with awesome views of the city! A short walk to the Broad Street line for easy access to anywhere in the city and very close to super-hip East Passyunk, where you’ll find endless restaurants, cafes, pubs, fitness studios, plenty to keep you busy. Co-listing agent has an ownership interest in the property.
  1. Listed by Irfan A Raza • KW Philly
    P: (609)-436-8800 iraza@weichert.com

Property Details for 1724 Reed Street

Tax ID Number
365356905
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Subdivision
POINT BREEZE
Subdivision
POINT BREEZE (PHILADELPHIA PA)
LISTING CLOSED: 10/31/2023 12:00 AM

Property Details for 1724 Reed Street

StatusClosed
MLS #PAPH2276610
Days on Market19
Taxes$7,558 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1919
Lot Size0.02 AC / 928 SF
CountyPhiladelphia County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of KW Philly

Sold By New Century Real Estate

Add your commute

Building Information for 1724 Reed Street

Stories2Residences-Year Built1919Building Size-Lot Size0.02 AC / 928 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$3,769 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,139

Property Taxes

$630

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1724 Reed Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19146 (19146)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $0
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $416,580
  • City Town Tax: $3,411
  • Land Assessed Value: $123,420
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Zoning: RSA5
  • Tax Lot: 273
  • School Tax: $4,147
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Number Of Units Vacant: 1
Multi Family
Unit 1
  • Type: Unit 1
  • Beds Total: 2
  • Full Baths Count: 2
  • Unit Type Features: bi-level unit. Featuring stainless steel appliances, hardwood flooring and open floor plan on the main level with a large living
Unit 2
  • Type: Unit 2
  • Beds Total: 2
  • Half Baths Count: 1
  • Full Baths Count: 2
  • Unit Type Features: two nice-sized bedrooms. Each bedroom has its dedicated full bath. Back bedroom opens up to balcony
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 3,200.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 58.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1393084
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Interior Features: Wood Floors
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Mid Jersey Association of REALTORS

Property History for 1724 Reed Street

DateEvent & SourcePriceAppreciation
Oct 31, 2023

Closed

BRIGHT #PAPH2276610

$630,000—
Oct 27, 2023

Closed (Public Record)

Public Record #1522236626

$630,000—
Oct 27, 2023

Closed (Public Record)

Public Record #1523376757

$630,000

+21.8% / yr

DateEvent & SourcePrice
10/31/2023

Closed

BRIGHT #PAPH2276610

$630,000
10/27/2023

Closed (Public Record)

Public Record #1522236626

$630,000
10/27/2023

Closed (Public Record)

Public Record #1523376757

$630,000

+21.8% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1724 Reed Street

Taxable ValueLand$106,620Additions$426,480Total$533,100
Tax Record2025$7,462 ($622 / month)
Home Facts
Total Finished SqFt2,384 SqFtAbove Grade Finished SqFt2,384 SqFtStories3Lot Size928 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRSA5CountyPHILADELPHIAAPN36-5-3569-05

Schools near 1724 Reed Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Childs George W School
Public - PK to 8
South Philadelphia High School
Public - 9 to 12
Widener Memorial School
Public - K to 12
Middle Years Alternative School
Public - 5 to 8
Rating
School
Distance
Childs George W School
PublicPK to 8

South Philadelphia High School
Public9 to 12

Widener Memorial School
PublicK to 12

Middle Years Alternative School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Philly

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.