1016 S Reese St Philadelphia, PA 19147
Queen Village NeighborhoodEstimated payment $2,052/month
Total Views
21,606
2
Beds
1
Bath
648
Sq Ft
$478
Price per Sq Ft
Highlights
- Very Popular Property
- No HOA
- Laundry Room
- Colonial Architecture
- Living Room
- 4-minute walk to Sacks Playground
About This Home
Welcome to this charming 2-bedroom, 1-bath brick-front townhome which offers the perfect mix of character, location, and income-generating potential. Whether you're a buyer looking for a home in one of Philadelphia’s most vibrant neighborhoods or an investor seeking a tenant-occupied property with reliable cash flow, this one delivers.
The home greets you with a classic brick facade and beautifully detailed cornice that adds historic appeal. Step inside to find high ceilings, hardwood flooring, and a spacious main level layout that flows seamlessly from the welcoming living area into a large, well-appointed kitchen—ideal for cooking, entertaining, or just enjoying everyday comfort.
Upstairs, two sun-filled bedrooms provide flexibility for a variety of living needs, including shared occupancy or a home office setup. The full bathroom on this level is well-positioned for convenience and privacy. Out back, a private rear yard creates a peaceful outdoor escape, perfect for relaxing, barbecuing, or gardening. The basement is unfinished but clean and well-maintained, with full ceiling height, laundry units, and ample storage space—offering future potential for customization or additional living space.
Currently tenant-occupied at $1,700 per month through August 2025, this home is a turnkey investment in a neighborhood where rental demand remains strong. The location is unmatched—earning a Walk Score of 91, where daily errands can easily be completed without a car. With a Transit Score of 70, public transportation is convenient for most trips, and a Bike Score of 84 highlights the area's excellent biking infrastructure. Commuters will appreciate being just 19 minutes from the Broad Street Line via the Ellsworth-Federal Station stop.
Nearby amenities include local favorites like Paris Baguette, Bambu, and many more eateries. Grocery shopping is a breeze with options like Giordano Pf Produce, Richette's South Philly Cold, and Marie’s Grocery close by. For families, schools such as Nebinger George W School and Horace Furness High School are within reach. Outdoor enthusiasts will enjoy the proximity to Jefferson Square, Cianfrani Park, and the historic Tomb of the Unknown Soldier of the Revolution.
Additionally, the property qualifies for the CRA program, offering a conventional loan with no mortgage insurance, low down payment and lower interest rate.
This is a rare opportunity to own a versatile, income-producing home in one of Philadelphia’s most walkable and desirable communities. Schedule your tour today before it's gone!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,065
Year Built
- Built in 1920
Lot Details
- 495 Sq Ft Lot
- Lot Dimensions are 14.00 x 35.00
- East Facing Home
- Back Yard
Parking
- On-Street Parking
Home Design
- Colonial Architecture
- Masonry
Interior Spaces
- 648 Sq Ft Home
- Property has 2 Levels
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Walk-in Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- Central Air
- Cooling System Utilizes Natural Gas
- Hot Water Heating System
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 353
- Assessor Parcel Number 021429900
Community Details
Overview
- No Home Owners Association
- Queen Village Subdivision
Pet Policy
- Pets Allowed
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,858 | $290,400 | $58,080 | $232,320 |
| 2024 | $3,858 | $290,400 | $58,080 | $232,320 |
| 2023 | $3,858 | $275,600 | $55,120 | $220,480 |
| 2022 | $4,310 | $275,600 | $55,120 | $220,480 |
| 2021 | $4,310 | $0 | $0 | $0 |
| 2020 | $4,310 | $0 | $0 | $0 |
| 2019 | $3,977 | $0 | $0 | $0 |
| 2018 | $2,562 | $0 | $0 | $0 |
| 2017 | $2,562 | $0 | $0 | $0 |
| 2016 | $2,035 | $0 | $0 | $0 |
| 2015 | $2,709 | $0 | $0 | $0 |
| 2014 | -- | $202,200 | $10,436 | $191,764 |
| 2012 | -- | $3,584 | $792 | $2,792 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | For Sale | $310,000 | 0.0% | $478 / Sq Ft |
| 08/11/2023 08/11/23 | Rented | $1,700 | 0.0% | -- |
| 08/03/2023 08/03/23 | For Rent | $1,700 | 0.0% | -- |
| 06/26/2015 06/26/15 | Sold | $183,000 | -3.7% | $229 / Sq Ft |
| 04/28/2015 04/28/15 | Pending | -- | -- | -- |
| 01/12/2015 01/12/15 | For Sale | $190,000 | -- | $238 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $183,000 | Title Services | |
| Deed | $45,500 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $99,500 | Future Advance Clause Open End Mortgage | |
| Closed | $30,000 | Future Advance Clause Open End Mortgage | |
| Open | $177,500 | New Conventional |
Source: Public Records
About the Listing Agent
Born and raised in Philadelphia, Temple University graduate and CEO of RE/MAX @ HOME, Maria Quattrone has over ten years experience serving people’s needs in the Philadelphia real estate market. In 2005 she founded Maria Quattrone Real Estate Experts, providing quality, customer-driven service throughout the Philadelphia area. Maria grew her company into one of the most successful real estate teams in the city, having helped her clients buy and sell more than 1,000 properties totaling over $250
Maria's Other Listings
Source: Bright MLS
MLS Number: PAPH2488332
APN: 021429900
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