Beds
Baths
2,160 Sq. Ft.
$190 / Sq. Ft.
2,160
Sq. Ft.
$190
per Sq. Ft.

Description

Corner triplex with rear parking in Dickinson Narrows. The first floor is a 1 bedroom unit with a private entrance. The second floor has another 1 bedroom unit. The third floor is a 2 bedroom unit with an updated bath and unobstructed skyline views. The property has been owned and maintained by the same owner for 11+ years, with various updates throughout. Newer roof, electrical, and fire alarm system. The roof also comes with a transferable roof warranty. All "big ticket" items have been taken care...Corner triplex with rear parking in Dickinson Narrows. The first floor is a 1 bedroom unit with a private entrance. The second floor has another 1 bedroom unit. The third floor is a 2 bedroom unit with an updated bath and unobstructed skyline views. The property has been owned and maintained by the same owner for 11+ years, with various updates throughout. Newer roof, electrical, and fire alarm system. The roof also comes with a transferable roof warranty. All "big ticket" items have been taken care of for you, along with various cosmetic updates done over time. The basement houses the common laundry and is also used for shared storage. All units are already separately metered and the rear parking can be finished off into a full garage.

Listing Agent

  1. Kristin McFeely

    Kristin McFeely

    Alternative Listing Agent

    Compass Pennsylvania, LLC

    P: (215)-620-8726

Property Details for 509 Reed Street

Tax ID Number
011233600
Ownership
Fee Simple
HOA
No
Structure Type
End of Row/Townhouse
Style
Straight Thru
Waterfront
No
Garage
Yes
Subdivision
DICKINSON NARROWS
LISTING CLOSED: 09/26/2019 12:00 AM

Property Details for 509 Reed Street

StatusClosed
MLS #PAPH801652
Days on Market87
Taxes$4,275 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.02 AC / 1,040 SF
CountyPhiladelphia County
Buyer's Agent Compensation3%

Location

Sold By Coldwell Banker Realty

Add your commute

Building Information for 509 Reed Street

Stories-Residences3Year Built1915Building Size-Lot Size0.02 AC / 1,040 SF

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Principal and Interest

$2,043

Property Taxes

$356

HOA Dues

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Property Information for 509 Reed Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19147 (19147)
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: 2020
  • Tax Assessed Value: $305,400
  • Year Assessed: 2020
  • Improvement Assessed Value: $237,296
  • City Town Tax: $1,929
  • Land Assessed Value: $68,104
  • Clean Green Assessed: No
  • Land Use Code: U50
  • Historic: No
  • Zoning: RSA5
  • Tax Lot: 37
  • School Tax: $2,346
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Insurance, Management, Repairs, Sewer, Sewer Maintenance, Taxes - Real Estate, Water
  • Concessions: Yes
  • Concessions Amount: $50,000
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 0
Financial Information
Expenses
  • Operating Expense Includes: Insurance
  • Insurance Expense: $1,918
  • Maintenance Expense: $2,400
Financial Information
  • Annual Rental Income: $27,300
  • Income Includes: Apartment Rentals, Parking
  • Existing Lease Type: Long Term, Yearly
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,160.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 16.00 x 65.00
  • Parcel ID: 875781
Parking
Parking
  • Type Of Parking: Driveway, Attached Garage
  • Num of Attached Garage Spaces: 1
  • Total Garage Spaces: 1
  • Garage Features: Garage - Rear Entry, Oversized
Interior Features
Interior Features
  • Interior Features: Carpet, Floor Plan - Open, Kitchen - Galley
  • Fireplace: No
  • Fireplaces Count: 0
  • Appliances: Built-In Range, Dryer, Refrigerator, Washer, Water Heater
  • Accessibility Features: None
  • Security Features: Fire Detection System, Main Entrance Lock, Smoke Detector
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Cooling Fuel: None
  • 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: Greater Philadelphia Association of REALTORS

Property History for 509 Reed Street

DateEvent & SourcePriceAppreciation
Sep 26, 2019

Closed (Public Record)

Public Record #656629232

$410,000

+6.2% / yr

Sep 26, 2019

Closed

BRIGHT #PAPH801652

$410,000
Aug 12, 2019

Pending

BRIGHT #PAPH801652

DateEvent & SourcePrice
09/26/2019

Closed (Public Record)

Public Record #656629232

$410,000

+6.2% / yr

09/26/2019

Closed

BRIGHT #PAPH801652

$410,000
08/12/2019

Pending

BRIGHT #PAPH801652

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

Public Records for 509 Reed Street

Taxable ValueLand$63,680Additions$254,720Total$318,400
Tax Record2025$4,457 ($371 / month)
Home Facts
Total Finished SqFt720 SqFtAbove Grade Finished SqFt720 SqFtStories1Lot Size1,040 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRSA5CountyPHILADELPHIAAPN01-1-2336-00

Schools near 509 Reed Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 12
Public - 5 to 8
Rating
School
Distance
Vare-Washington Elementary School
PublicPK to 8

Furness Horace 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.

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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.

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.