Philadelphia, PA 19147,316 REED ST
Philadelphia, PA 19147,316 REED ST
Philadelphia, PA 19147,316 REED ST
Philadelphia, PA 19147,316 REED ST
Philadelphia, PA 19147,316 REED ST
Philadelphia, PA 19147,316 REED ST
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$390,000

$450,000

13.3%
Est.Price: ?

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Est. payment /mo

5 Beds

1 Bath

2,694 SqFt


SOLD DATE : 04/14/2022

Key Details

Sold Price $390,000

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,694 sqft

Price per Sqft $144

Subdivision Pennsport

MLS Listing ID PAPH2047512

Sold Date 04/14/22

Style Carriage House

Bedrooms 5

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 2,694

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $4,582

Tax Year 2022

Lot Size 1,979 Sqft

Acres 0.05

Lot Dimensions 17.77 x 111.35

Property Description

Are you looking for your next rehab project or a property that you can turn into your own spacious home? This five bedroom property, built in 1915, needs rehab throughout and provides many options to make this a top of the line home. After walking up the marble steps the entrance foyer lends itself to a classic look with the existing details. The first thing that you will notice upon stepping into the living room is the very high ceiling, which can be leveraged for a classic or modern spacious appearance. This is a feature that continues throughout the house. A fireplace is located on the outer wall allowing for the ability to create a focal point in the room. Next on the first floor is the dedicated dining room that leads into the large kitchen space where an extraordinary kitchen can be created. Finishing out the first floor is the laundry room leading to the back yard.

Up the stairs to the second floor are three roomy bedrooms and the full bathroom. Lots of space on this floor to create beautiful bedrooms and an outstanding bathroom. Once again, high ceilings to work with on this floor. Moving up to the third floor the stair railings can be preserved to maintain the original charm. Bedrooms 4 and 5 are at this level and provide the opportunity to create a main bedroom suite by taking advantage of the fact the bedroom 4 is immediately above the 2nd floor bathroom and can be converted into a second large bathroom. There is enough space with the two rooms to create a walk-in closet for the bedroom and still have a significantly sized bathroom dedicated to that bedroom.

The back yard for this house is large and can easily be made into an oasis within the city. This also gives room for expansion of the house if desired and still leave plenty of backyard room. Finally, the basement has plenty of headroom if a finished basement is in the plans. All mechanicals are in good condition for this property and the structure is solid. Alternative uses include creating a duplex or triplex, with a variance.

This home is located on a street and in a neighborhood with plenty of new construction and rehabbed properties. There are ample restaurants and coffee shops. Just four blocks away is Dickinson Square Park. Just as close in the opposite direction is Jefferson Square Park. Rehabbed comparables are of significant ARV, check them out. Come see this property while it is still available and can be converted by the upcoming spring market.

Location

State PA

County Philadelphia

Area 19147 (19147)

Zoning RSA5

Direction North

Rooms

Basement Full, Interior Access

Interior

Interior Features Dining Area

Hot Water Natural Gas

Heating Hot Water

Cooling None

Flooring Wood

Fireplaces Number 1

Fireplaces Type Non-Functioning, Brick

Fireplace Y

Heat Source Natural Gas

Laundry Hookup, Main Floor

Exterior

Water Access N

Accessibility None

Garage N

Building

Lot Description Rear Yard

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Carriage House

Level or Stories 3

Additional Building Above Grade, Below Grade

Structure Type 9'+ Ceilings,Unfinished Walls,Plaster Walls

New Construction N

Schools

School District The School District Of Philadelphia

Others

Senior Community No

Tax ID 011235100

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by James W Elliott • MGC Real Estate Group
Bought with Matthew Condello • BHHS Fox & Roach - Spring House
agent-avatar

+1(571) 263-4154

mj@razr.group

43777 Central Station Dr, Suite 390, Ashburn, VA, 20147, United States

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