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For sale
  • Price cut: $20K (5/8)
    $530,000

    701 Reed St, Philadelphia, PA 19147

    3beds
    2,983sqft
    : 
    Townhouse
    Built in 1925
    1,343 Square Feet Lot
    $525,200 Zestimate®
    $178/sqft
    $-- HOA

    What's special

    Sizable commercial spaceSeparate entranceBathroom with laundryHardwood floorsPlenty of natural lightLarge kitchen
    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 room 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.
    140 days
    on Zillow
    |
    388
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 08, 2025 at 08:46am

    Listed by:

    Arthur Herling 215-431-3944,

    Long & Foster Real Estate, Inc. 2156432500

    Source: Bright MLS,MLS#: PAPH2436516MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 701 Reed St.

    Next available tour time:Today at 5:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Radiant, Natural Gas
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Other
    • Has fireplace: No
    Interior area
    • Total structure area: 2,983
    • Total interior livable area: 2,983 sqft
    • Finished area above ground: 2,983
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Off Site
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Pool features: None
    Lot
    • Size: 1,343 Square Feet
    • Dimensions: 27.00 x 50.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 012027100
    • Zoning: RSA5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Other
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Passyunk Square
    HOA
    • Has HOA: No
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $178/sqft
    • Tax assessed value: $230,700
    • Annual tax amount: $3,229
    • Date on market: 1/17/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
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