407 Pierce St, Philadelphia, PA 19148
Local realty services provided by:ERA Reed Realty, Inc.
407 Pierce St,Philadelphia, PA 19148
$535,000
- 1 Beds
- - Baths
- 800 sq. ft.
- Multi-family
- Active
Listed by: angela manzi
Office: keller williams real estate - media
MLS#:PAPH2581082
Source:BRIGHTMLS
Price summary
- Price:$535,000
- Price per sq. ft.:$668.75
About this home
Unique investment opportunity in South Philadelphia featuring a multi-car garage and a second-floor apartment, both currently tenant-occupied, offering immediate rental income. The garage accommodates approximately four vehicles and provides strong income potential, with estimated rental income of $800–$1,000 per month (buyer to verify).
The second-floor apartment was remodeled in 2019 and includes updated roof, HVAC and a water heater. Estimated rental income for the apartment is $1,200–$1,400 per month (buyer to verify). The unit offers a functional layout with ample storage and closet space, an eat-in kitchen with granite countertops and tile backsplash, newer appliances, gas range, hardwood floors throughout, central air conditioning, and recessed lighting.
Tenant is responsible for all utilities except water and provides their own washer and dryer. Property presents an excellent opportunity for investors seeking a well-maintained, income-producing asset in a South Philadelphia location. All measurements, rental amounts, and property information are approximate and subject to buyer verification....
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Home facts
- Year built:1960
- Listing ID #:PAPH2581082
- Added:47 day(s) ago
- Updated:March 28, 2026 at 01:37 PM
Rooms and interior
- Bedrooms:1
- Living area:800 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1960
- Building area:800 sq. ft.
- Lot area:0.02 Acres
- Architectural Style:Traditional
- Construction Materials:Masonry
- Foundation Description:Slab
Utilities
- Water:Public
- Sewer:No Septic System
Finances and disclosures
- Price:$535,000
- Price per sq. ft.:$668.75
- Tax amount:$3,359 (2025)
Parking
- Parking description:On Street
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