701-3 Reed St, PHILADELPHIA, PA 19147

Local realty services provided by:ERA Valley Realty
701-3 Reed St,PHILADELPHIA, PA 19147
$399,000
  • 3 Beds
  • - Baths
  • 2,983 sq. ft.
  • Multi-family
  • Active
Listed by:arthur b herling
Office:long & foster real estate, inc.
MLS#:PAPH2430348
Source:BRIGHTMLS

Price summary

  • Price:$399,000
  • Price per sq. ft.:$133.76

About this home

Investment opportunities await! This very flexible triplex is nestled between Queens Village and the Passyunk area of South Philly. Just blocks from South Street, and loads of famous Philly institutions like Pat's Steaks, the Italian Market, Johns Water Ice, and so much more. The first floor features a sizable commercial space (most recently used as a pottery studio), with a separate living room and bathroom with laundry. On the second floor is a sensible and stylish one bedroom apartment with a living and a full kitchen. There's plenty of natural light and the hardwood floors accentuate the charm. The third floor apartment has a separate entrance and features 2 large bedrooms, a large kitchen and a living room. With the right touch, this property is an investment gem, great layouts and superbly located. Call for an appointment today.

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Home facts

  • Year built:1925
  • Listing Id #:PAPH2430348
  • Added:227 day(s) ago
  • Updated:August 14, 2025 at 01:30 PM

Rooms and interior

  • Bedrooms:3
  • Living area:2,983 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Natural Gas, Radiant

Structure and exterior

  • Year built:1925
  • Building area:2,983 sq. ft.
  • Lot area:0.03 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$399,000
  • Price per sq. ft.:$133.76
  • Tax amount:$3,229 (2025)