Philadelphia, PA 19147 701 Reed Street
$550,000
10 more
Presented By: Long & Foster Real Estate, Inc.
Beds • 3
Beds • 3Home Details
Investment opportunities await! This very flexible triplex is nestled between Queens Village and the Passyunk area of South Philly. Just blocks from South Street, and loads of famous Philly institutions like Pat's Steaks, the Italian Market, Johns Water Ice, and so much more. The first floor features a sizable commercial space (most recently used as a pottery studio), with a separate living room and bathroom with laundry. On the second floor is a sensible and stylish one bedroom apartment with a living and a full kitchen. There's plenty of natural light and the hardwood floors accentuate the charm. The third floor apartment has a separate entrance and features 2 large bedrooms, a large kitchen and a living room. With the right touch, this property is an investment gem, great layouts and superbly located. Call for an appointment today.
Presented By: Long & Foster Real Estate, Inc.
Interior Features for 701 Reed Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 701 Reed Street
AccessibilityNone
Architectural StyleOther
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingWindow Unit(s)
CountyPHILADELPHIA
DirectionsReed and 7th.
Garage Y/NNo
HeatingRadiant
Lot Size Square Feet1343.00
Lot Size UnitsSquare Feet
MLS Area19147 (19147)
ModificationTimestamp2025-03-27T10:18:23
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD
Price Per Sq Ft Total AG184.38
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Tax Annual Amount3229.0
Tax Assessed Value230700.0
Tax Lot15
Tax Year2025
Total SQFT2983
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1925
Year Built SourceAssessor
ZoningRSA5
Exterior for 701 Reed Street
Foundation DetailsStone
Land Assessed Value95180.00
Land Use CodeW50
Lot Dimensions27.00 x 50.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOff Site
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
