1501 Reed St, PHILADELPHIA, PA 19146

Local realty services provided by:ERA Central Realty Group
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1501 Reed St,PHILADELPHIA, PA 19146
$995,000
  • 7 Beds
  • - Baths
  • 4,320 sq. ft.
  • Multi-family
  • Active
Listed by:kate federico
Office:compass pennsylvania, llc.
MLS#:PAPH2436340
Source:BRIGHTMLS

Price summary

  • Price:$995,000
  • Price per sq. ft.:$230.32

About this home

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.

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Home facts

  • Year built:1915
  • Listing Id #:PAPH2436340
  • Added:211 day(s) ago
  • Updated:August 20, 2025 at 01:31 PM

Rooms and interior

  • Bedrooms:7
  • Living area:4,320 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Natural Gas

Structure and exterior

  • Year built:1915
  • Building area:4,320 sq. ft.
  • Lot area:0.03 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$995,000
  • Price per sq. ft.:$230.32
  • Tax amount:$8,048 (2025)

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