Traditional
407 PIERCE STREET
PHILADELPHIA , PA 19148
MLS#: PAPH2581082
$550,000
Property
Beds
1
Full Baths
None
1/2 Baths
None
Year Built
1960
Sq.Footage
800
Unique investment opportunity in South Philadelphia featuring a multi-car garage and a second-floor apartment, both currently tenant-occupied, offering immediate rental income. The garage accommodates approximately four vehicles and provides strong income potential, with estimated rental income of $800–$1,000 per month (buyer to verify). The second-floor apartment was remodeled in 2019 and includes updated roof, HVAC and a water heater. Estimated rental income for the apartment is $1,200–$1,400 per month (buyer to verify). The unit offers a functional layout with ample storage and closet space, an eat-in kitchen with granite countertops and tile backsplash, newer appliances, gas range, hardwood floors throughout, central air conditioning, and recessed lighting. Tenant is responsible for all utilities except water and provides their own washer and dryer. Property presents an excellent opportunity for investors seeking a well-maintained, income-producing asset in a South Philadelphia location. All measurements, rental amounts, and property information are approximate and subject to buyer verification.
Features & Amenities
Interior
-
Total Bedrooms
1
-
Bathrooms
N/A
-
Above Grade Finished Area
800.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Gas
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.02
-
Property Type
Residential Income
-
Property Sub Type
Townhouse
-
Architectural Style
Traditional
Price
-
Sales Price
$550,000
-
Tax Amount
$3,359
-
Sq. Footage
800
-
Price/SqFt
$687
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Tax Lot
221
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Angela Manzi , Keller Williams Real Estate - Media
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Owner, President, Investment Property Advisor
Theresa Kehler
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