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For sale
  • Price cut: $105K (5/6)
    $995,000

    1501 Reed St, Philadelphia, PA 19146

    7beds
    6baths
    4,320sqft
    : 
    Townhouse
    Built in 1915
    -- sqft lot
    $940,700 Zestimate®
    $230/sqft
    $-- HOA

    What's special

    High ceilingsTons of natural lightGenerous closetsCorner building
    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 (4) one bed one bath units , (1) two bed one bath unit and (1) 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.
    136 days
    on Zillow
    |
    131
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 06, 2025 at 02:08am

    Listed by:

    Kate Federico 215-840-0049,

    Compass RE (267) 435-8015,

    Co-Listing Agent: Eric I Fox 267-625-4504,

    Compass RE

    Source: Bright MLS,MLS#: PAPH2436340MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1501 Reed St.

    Next available tour time:Today at 4:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    Basement
    • Area: 0
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Natural Gas
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 4,320
    • Total interior livable area: 4,320 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Other
    Features
    • Pool features: None
    Lot
    • Size: 1,440 Square Feet
    • Dimensions: 18.00 x 80.00
    • Features: Urban
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 881114101
    • Zoning: RSA5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Other
    Condition
    • Good
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Newbold
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $230/sqft
    • Tax assessed value: $575,000
    • Annual tax amount: $8,048
    • Date on market: 1/21/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Exclusions: All Tenants Belongings
    • Ownership: Fee Simple
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