Property

Philadelphia, PA 19146 2625 Reed Street

Presented By: KW Empower
  • MLS# PAPH2399366
  • 09/20/2024
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Home Details

Incredible opportunity in an ideal location of Grays Ferry! The lot itself is close to Point Breeze, Graduate hospital and University City. This location is less than one block from a community garden and walkable to center city for nightlife. There are multiple new construction homes within blocks, so this property is ready for a savvy investor to develop a great home. With large yard, and plenty of options for designs and layout, the size of this lot is much larger than the others that sold for over $500k. With the adjacent lot also for sale by the same Seller, economies of sale can help decrease costs to build, and help increase ARV. Projected return is nearly 24%. Don't miss this awesome investment opportunity! Also available as a package deal with 2623 Reed St.
Presented By: KW Empower

General for 2625 Reed Street

Acceptable FinancingCash, Conventional, FHA
Additional Parcels Description2623 Available for Sale.
Additional Parcels Y/NYes
CityPHILADELPHIA
Clean Green Assessed Y/NNo
CountyPHILADELPHIA
Current UseVacant
Days on Market13
DirectionsSouth of Washington between 26th and 27th.
Home Owner AssocNo
Lot Size Square Feet970.00
Lot Size UnitsSquare Feet
MLS Area19146 (19146)
ModificationTimestamp2024-09-20T15:36:51
MunicipalityPHILADELPHIA
Percent OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG128.76
Property SubTypeLand
Property TypeLand
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount1653.0
Tax Assessed Value118100.0
Tax Lot296
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
ZoningRSA5

Exterior for 2625 Reed Street

Horse Y/NNo
Land Use CodeSR
Lot Dimensions15.00 x 64.00
Lot Size Acres0.02
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $124,900
MLS#PAPH2399366
List Date 09/20/2024
Property Type Land
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