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1405 Reed St
NewboldPhiladelphiaPA 19146

$499,000
Sale Under Contract
Tools
Size
4
Bedrooms
1,440 Sq Ft.
interior
Financial
$499,000
Change Currency
$347
Price Per Sqft
$8,284
Annual taxes
Listing Details
Other
Property type
1915
Year Built
1374366
Web Id
2843317-PAPH2316726
MLS ID
246
Days Posted

Description

1405 Reed St,

Philadelphia, PA 19146

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!

Price History

datepricevariancetypeglobal
5/3/2024$499,000-Contract
3/22/2024$499,000 9.27 %decreased
1/28/2024$550,000-Listed
10/9/2017$415,000-Soldview listing
Listing By: OCF Realty LLC - Philadelphia via Data Source: Bright MLS 
listing agent: Matthew Robertson


Located at 1405 Reed St, Philadelphia, Pennsylvania 19146, Newbold neighborhood, this Other is for Sale with a price of $499,000 USD. The property was built in 1915, includes 4 bedrooms,. This listing has 1,440 Sq.Ft. of interior space. See all Homes for Sale in Newbold.
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