701-3 Reed St Philadelphia, PA 19147

Multi-Family (2-4 Units) MLS #: PAPH2430348 Courtesy Of Long & Foster Real Estate

$650,000

0.03 acres
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Est. Property Tax: $3,229
Estimated monthly payments: $3,110/mo.* (recalculate)

Property InformationDescription

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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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Heating System: Radiant
  • Lot Size: 0.03 Acres

MAP & DIRECTIONS

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701-3 Reed St, Philadelphia, PA 19147
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School Information

701-3 Reed St, Philadelphia, PA 19147

Elementary School
Grades KG-8 | Public School
ELIZA BUTLER KIRKBRIDE SCHOOL
Philadelphia, PA 19147
1501 S 7th St
215.­400.7980
Distance: 0.1 mi
School Rating
B
Student:Teacher Ratio
15:1
Total Students
548
Middle School
Grades KG-8 | Public School
ELIZA BUTLER KIRKBRIDE SCHOOL
Philadelphia, PA 19147
1501 S 7th St
215.­400.7980
Distance: 0.1 mi
School Rating
B
Student:Teacher Ratio
15:1
Total Students
548
High School
Grades 9-12 | Public School
FURNESS HIGH SCHOOL
Philadelphia, PA 19148
1900 S 3rd St
215.­400.8300
Distance: 0.6 mi
School Rating
C
Student:Teacher Ratio
14:1
Total Students
697
Other Nearby Schools Distance Type Grades School Rating
The Bridge Way School 0.2 mi Private 9-12
Vare-washington School 0.2 mi Public KG-8 B-
George W. Nebinger Elementary School 0.4 mi Public KG-8 C+
Fanny Jackson Coppin School 0.4 mi Public KG-8 B-
Southwark School 0.4 mi Public KG-8 C+
Christopher Columbus Charter School 0.5 mi Public KG-8 B
William M. Meredith School 0.6 mi Public KG-8 A-
Academy At Palumbo 0.6 mi Public 9-12 A-
Creative And Performing Arts 0.7 mi Public 9-12 C
Francis Scott Key School 0.8 mi Public KG-6 C
South Philadelphia High School 0.8 mi Public 9-12 C-
G.w. Childs Elementary School 0.9 mi Public KG-8 C-
Universal Institute Charter School 0.9 mi Public KG-9 B-
St Peters School 0.9 mi Private PK-8
General George A. Mccall School 0.9 mi Public KG-8 B
George W. Sharswood School 0.9 mi Public KG-8 C+
Edwin M. Stanton School 1.0 mi Public KG-8 B-
John H. Taggart School 1.0 mi Public KG-8 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Philadelphia, PA 19147

Median Age: 36.7
Married: 35%
Number of Households: 18,581
Households with Children: 20.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.