$499,000 $2,679 est/mo Sourced by Back At You

1405 Reed St,Philadelphia, PA 19146

Philadelphia PA, 19146

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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 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!

Details

MLS#PAPH2316726
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusPending
Year1915
Days On Site116
Listing Provided ByOCF Realty LLC - Philadelphia | Matthew Robertson

Features

SQ Feet2,225
BasementY
Units1
ZoningRSA5
Acreage0.03

Market Activity 19146

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Listings Checked: 6 minutes ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19146
Area19146
School DistrictPhiladelphia City
Listing VS Median (in 19146)
Price:
$499,000
low | high
Med:
$289,000
92.084168336673% of Average
SqFt:
2,225
low | high
Med:
990
100% of Average
$ / SqFt:
$224
low | high
Med:
$319
7.61819397724% of Average
On Site:
116
low | high
Med:
91.500000
100% of Average
Sourced by Back At You
Listing Updated: May 3, 2024 at 4:55:37 PM PDT