2050 REED St, Philadelphia, PA 19146

Sqft
1,508

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRE/MAX Prime Real Estate
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Overview

Updated Duplex in Point Breeze!
Well-maintained 2-story brick end-row duplex situated on a residential street in the Point Breeze section of South Philadelphia. This rapidly developing neighborhood continues to experience significant growth, with new construction and redevelopment projects throughout the area.

The property features two separately metered living units (shared water service) with numerous updates. The first-floor unit offers 1–2 bedrooms, in-unit laundry, updated kitchen and bathroom, vinul flooring and direct access to the full basement, providing ample storage space and utility access.

The second-floor unit features 2 bedrooms, 1 full bathroom, an exposed brick accent wall, vinyl flooring, and an updated kitchen and bathroom. This unit also includes the convenience of in-unit laundry.

The full basement is accessible through the first-floor unit and offers excellent storage potential. With separate utilities, updated interiors, and strong income-producing potential, this property is ideal for investors or owner-occupants seeking rental income.
Conveniently located near shopping, dining, public transportation, and major commuter routes, this is an excellent opportunity to own in one of South Philadelphia's most active growth neighborhoods.

Buyeris responsible for 100% transfer tax. This is a Fannie Mae homepath property. Buyers complete the homepath Ready Buyer home ownership course on Homepath website. Attach certificate to offer up to 3% closing cost assistance.
First Look applies

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
1,508
Lot size (acres)
0.02
Year built
1923

Interior features

Basement
Yes, Finished
Laundry
In Unit

Utilities

Heating
Natural Gas
Cooling
None
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$5,018

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: PAPH2638940 Last checked:

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