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1405 Reed Street,  Philadelphia PA, 19146

(Active)
$499,000
|
2,700 sqft
|
MLS# PAPH2320242
Last Updated: 5/2/2024 1:22 AM
Description for 1405 Reed Street 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
$499,000
PHILADELPHIA
2,700 (approx)
PAPH2320242
Active
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!
Listing Information
Property Type: Business Opportunities, Other
0.03 Acres 2,700 (approx) 1915
Public
Public Sewer
4 Total
Neighborhood
Room Information
Interior Features
Electric Water Heater
Electric Heating, Baseboard
Exterior / Lot Features
18.00 x 80.00
Driving Directions
Off of broad
Financial Considerations
365347500
$8,284
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19146 has a population of 1,615,184.

The median household income in Philadelphia, Pennsylvania 19146 is $77,559. The median household income for the surrounding county is $50,724 compared to the national median of $66,222. The median age of people living in Philadelphia 19146 is 37 years.

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Courtesy: OCF Realty LLC - Philadelphia
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/2/2024 1:22 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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