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407 Pierce Street, Philadelphia, PA 19148

$525,000
  • 407 Pierce Street, Philadelphia, PA 19148 Main Photo

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ACTIVE
BEDS0 BATHS SQUARE FEET800 MLS#PAPH2581082
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLPHILADELPHIA CITY

Property Description

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.

407 Pierce Street | MLS# PAPH2581082

This multi-family property located at 407 Pierce Street, Philadelphia, PA 19148 is currently listed for sale with an asking price of $525,000. Pierce Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.02 Acres
Taxes: $3,359
Year Built: 1960

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Days on Site: 209
Exterior: Masonry
Lot Dimensions: 0.02 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 1
Sewer: No Septic System
Structure Type: Interior Row/Townhouse
Studio Efficiency Units: 1
Units: 1
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: Keller Williams Real Estate - Media
Agency Phone: 6105651995

Shown By

Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655

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Estimated Payment

$ 2,951.15 per month $2,518.11 Principal & Interest $279.92 Property Tax $153.13 Homeowner's Insurance

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