$500,000
 $2,684 est/mo Sourced by Back At You

407 Pierce St,PHILADELPHIA, PA 19148

PHILADELPHIA, PA 19148

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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.

Details

MLS #PAPH2581082
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1960
Days On Site266
Listing Provided ByKeller Williams Real Estate - Media | Angela Manzi

Features

SQ Feet800
Units1
ZoningRSA5
Acreage0.02

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsMasonry
Foundation DetailsSlab

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount3359

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19148
Area19148 (19148)
School DistrictPHILADELPHIA CITY
Listing VS Median (in 19148)
Price:
$500,000
low | high
Med:
$299,900
90.02% of Average
sqft:
800
low | high
Med:
1,374
21.75% of Average
$ / sqft:
$625
low | high
Med:
$218
100% of Average
On site:
266
low | high
Med:
30
100% of Average
Sourced by Back At You

Market Activity 19148

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Learn More About This Property

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19148
Area19148 (19148)
School DistrictPHILADELPHIA CITY
Listing VS Median (in 19148)
Price:
$500,000
low | high
Med:
$299,900
90.02% of Average
sqft:
800
low | high
Med:
1,374
21.75% of Average
$ / sqft:
$625
low | high
Med:
$218
100% of Average
On site:
266
low | high
Med:
30
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $375K - $625K
sqft: 600 - 1,000
Nearby Listings Property ImageNearby Listings Details
1809 S ORIANNA ST #UNIT A Property Photo 1
$489,000
1809 S Orianna St #unit A
Philadelphia, PA 19148
418 SIGEL ST Property Photo 1
$379,900
418 Sigel St
Philadelphia, PA 19148
Listing Updated: November 1, 2026 at 1:02:11 AM PST