About 1501 Reed St
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.
Features of 1501 Reed St
| MLS® # | PAPH2436340 |
|---|---|
| Price | $939,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,320 |
| Acres | 0.03 |
| Year Built | 1915 |
| Type | Multi-Family |
| Sub-Type | Other, End of Row/Townhouse |
| Style | Other |
| Status | Active |
Community Information
| Address | 1501 Reed St |
|---|---|
| Area | 19146 |
| Subdivision | NEWBOLD |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19146 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Central A/C |
| Has Basement | Yes |
| Basement | Unfinished |
| Fireplace | No |
Exterior
| Foundation | Other |
|---|
School Information
| District | PHILADELPHIA CITY |
|---|
Additional Information
| Date Listed | January 21st, 2025 |
|---|---|
| Days on Market | 266 |
| Zoning | RSA5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass RE |
|---|---|
| Contact Info | 2674358015 |