407 PIERCE ST, Philadelphia, PA 19148
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407 PIERCE ST, Philadelphia, PA 19148
407 PIERCE ST, Philadelphia, PA 19148
407 PIERCE ST, Philadelphia, PA 19148
407 PIERCE ST, Philadelphia, PA 19148
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Listed by Angela Manzi • Keller Williams Real Estate - Media
$ 525,000
Est. payment /mo
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Price Dropped by $10K

407 PIERCE ST Philadelphia, PA 19148

800 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $656

MLS Listing ID PAPH2581082

Style Traditional

Abv Grd Liv Area 800

Year Built 1960

Annual Tax Amount $3,359

Tax Year 2025

Lot Size 887 Sqft

Acres 0.02

Lot Dimensions 16.00 x 56.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

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.

Location

State PA

County Philadelphia

Area 19148 (19148)

Zoning RSA5

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Slab

Above Ground Finished SqFt 800

Sewer No Septic System

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 011377600

Ownership Fee Simple

SqFt Source 800

Special Listing Condition Standard


Bright MLS (BMLS)

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407 PIERCE ST