701-3 Reed St Philadelphia, PA 19147
Passyunk Square NeighborhoodEstimated payment $3,333/month
Total Views
7,447
3
Beds
2.5
Baths
2,983
Sq Ft
$184
Price per Sq Ft
Highlights
- No HOA
- Radiant Heating System
- 1-minute walk to Louis P Paolone Sr Memorial Park
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 room 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.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,229
Year Built
- Built in 1925
Lot Details
- 1,343 Sq Ft Lot
- Lot Dimensions are 27.00 x 50.00
Parking
- Off-Site Parking
Home Design
- Stone Foundation
- Masonry
Interior Spaces
- 2,983 Sq Ft Home
- Property has 3 Levels
- Basement
Bedrooms and Bathrooms
Utilities
- Window Unit Cooling System
- Radiant Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Passyunk Square Subdivision
Listing and Financial Details
- Tax Lot 15
- Assessor Parcel Number 012027100
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | Price Changed | $550,000 | 0.0% | $184 / Sq Ft |
| 03/27/2025 03/27/25 | Price Changed | $550,000 | -8.3% | $184 / Sq Ft |
| 02/19/2025 02/19/25 | Price Changed | $600,000 | -7.7% | $201 / Sq Ft |
| 01/17/2025 01/17/25 | For Sale | $650,000 | 0.0% | $218 / Sq Ft |
| 12/30/2024 12/30/24 | For Sale | $650,000 | -- | $218 / Sq Ft |
Source: Bright MLS
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2436516
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