$8,016 Closing Credit¹
#PAPH2417806, Jim Onesti, Listing Office: KW Empower
$650,000 List price
701 Reed St Philadelphia, PA 19147
$7,719
Closing credit¹
3 beds
2 full, 1 partial
2,983 sqft
0.03 acres
$218 / sqft
Townhouse
Property details
About 701 Reed St
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.
Highlights
Home typeTownhouse
HeatingRadiant
StatusActive
(ACTIVE)
(ACTIVE)
CoolingWindow Unit(s)
Size2,983 sqft
BasementYes
Lot size0.03 Acres
Year built1925
ParkingOff Site
MLS #PAPH2436516
Summary
- MLS Number: PAPH2436516
- MLS Name: BRIGHT
- Office Name: Long & Foster Real Estate, Inc.
- Office Phone: (215) 643-2500
- Listing Agent: Arthur B Herling
- Agent Phone: (215) 431-3944
- Agent Email: art@lnf.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$650,000
701 Reed St
$7,719
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Francis Scott Key School
Public District KG-6
0.8 mi
•2230 S 8th St
7
Abram Stockton Jenks School
Public District KG-5
1.1 mi
•2501 S 13th St
3
Stephen Girard Elementary School
Public District KG-4
1.2 mi
•1800 Snyder Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,127. The majority of Philadelphia, PA residents have income less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
48%
<35k
32%
35k-100k
17%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
60%
Single, No Kids
9%
Single, with Kids
18%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
39%
18-34 yrs old
35%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Hiking/backpacking
Where do the neighbors shop?
H&M
Burlington
Bloomingdales
Where do the neighbors go to eat?
Popeyes
Boston Market
White Castle
What do the neighbors drive?
Nissan
Honda
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 701 Reed St
This home is located at 701 Reed St in Philadelphia, PA and zip code 19147 in the Passayunk Square neighborhood. This 2,983 square foot home, which was built in 1925, sits on a 0.03 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $650,000.
Over 154 listings were sold over their listed price in February 2025 in Philadelphia, PA. In the same period over 396 listings were sold below the listed price and 166 listings were sold for the listed price. The number of homes for sale in Philadelphia, PA increased by 10.7% between January and February 2025. In February 2025, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $268,469.
From Rocket Homes Real Estate and based on county public records data.