1405 Reed Street
1405 Reed Street
$499,000
4
5
2,225
2,225
$224
Description
Calling all investors, come check out this amazing opportunity to purchase in an already up and coming area of the the city. Conveniently located 1 block from Broad street, this 5-unit income producing property is ideal for your investment portfolio! The building has 4 one bedroom units and 1 studio. Three of the five units have been updated and have significant room to raise rents. Updating on the remaining units would bring all apartments to market rent and make this asset an amazing cash flowing...Calling all investors, come check out this amazing opportunity to purchase in an already up and coming area of the the city. Conveniently located 1 block from Broad street, this 5-unit income producing property is ideal for your investment portfolio! The building has 4 one bedroom units and 1 studio. Three of the five units have been updated and have significant room to raise rents. Updating on the remaining units would bring all apartments to market rent and make this asset an amazing cash flowing investment. Tenants pay all utilities except for water. All leases and rental licenses available upon request. Please allow 48 hours for showing approval. Make an appointment ASAP before this property is sold!
- Listed by Matthew Robertson • OCF Realty LLC - PhiladelphiaP: 6103683272 robertson5017@gmail.com
- Listed by Kevin M McGettigan • OCF Realty LLC - PhiladelphiaP: 8563470434 kevinmcg@ocfrealty.com
Property Details for 1405 Reed Street
Tax ID Number
365347500
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleStraight Thru
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Total Parking Spaces0
Location
LISTING UPDATED: 04/02/2024 06:34 PM
Property Details for 1405 Reed Street
Status | Active |
---|---|
MLS # | PAPH2316726 |
Days on Market | 91 |
Taxes | $8,284 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1915 |
Lot Size | 0.03 AC / 1,440 SF |
County | Philadelphia County |
Building
Location
Building Information for 1405 Reed Street
Stories3Residences-Year Built1915Building Size-Lot Size0.03 AC / 1,440 SF
Payment Calculator
$3,414 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1405 Reed Street
Property History for 1405 Reed Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1405 Reed Street
Taxable ValueLand$118,360Additions$473,440Total$591,800
Tax Record2023$8,284 ($690 / month)
Home Facts
Total Finished SqFt2,225 SqFtAbove Grade Finished SqFt2,225 SqFtStories3Lot Size1,440 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRSA5CountyPHILADELPHIAAPN36-5-3475-00
Schools near 1405 Reed Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | PK to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Childs George W School PublicPK to 8 | ||
South Philadelphia High School PublicPK to 12 | ||
Creative And Performing Arts Public9 to 12 | ||
Academy At Palumbo Public9 to 12 |
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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