Philadelphia, PA 19147,1016 S REESE ST
Philadelphia, PA 19147,1016 S REESE ST
Philadelphia, PA 19147,1016 S REESE ST
16
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Listed by Maria Maria Quattrone Quattrone • RE/MAX @ HOME
$310,000
Est. payment /mo
2 Beds
1 Bath
648 SqFt
Coming Soon

1016 S REESE ST Philadelphia, PA 19147

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Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 648 sqft

Price per Sqft $478

Subdivision Queen Village

MLS Listing ID PAPH2488332

Style Colonial

Bedrooms 2

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 648

Year Built 1920

Available Date 2025-06-18

Annual Tax Amount $4,065

Tax Year 2025

Lot Size 495 Sqft

Acres 0.01

Lot Dimensions 14.00 x 35.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Welcome to this charming 2-bedroom, 1-bath brick-front townhome which offers the perfect mix of character, location, and income-generating potential. Whether you're a buyer looking for a home in one of Philadelphia's most vibrant neighborhoods or an investor seeking a tenant-occupied property with reliable cash flow, this one delivers.

The home greets you with a classic brick façade and beautifully detailed cornice that adds historic appeal. Step inside to find high ceilings, hardwood flooring, and a spacious main level layout that flows seamlessly from the welcoming living area into a large, well-appointed kitchen—ideal for cooking, entertaining, or just enjoying everyday comfort.

Upstairs, two sun-filled bedrooms provide flexibility for a variety of living needs, including shared occupancy or a home office setup. The full bathroom on this level is well-positioned for convenience and privacy. Out back, a private rear yard creates a peaceful outdoor escape, perfect for relaxing, barbecuing, or gardening. The basement is unfinished but clean and well-maintained, with full ceiling height, laundry units, and ample storage space—offering future potential for customization or additional living space.

Currently tenant-occupied at $1,700 per month through August 2025, this home is a turnkey investment in a neighborhood where rental demand remains strong. The location is unmatched—earning a Walk Score of 91, where daily errands can easily be completed without a car. With a Transit Score of 70, public transportation is convenient for most trips, and a Bike Score of 84 highlights the area's excellent biking infrastructure. Commuters will appreciate being just 19 minutes from the Broad Street Line via the Ellsworth-Federal Station stop.

Nearby amenities include local favorites like Paris Baguette, Bambu, and many more eateries. Grocery shopping is a breeze with options like Giordano Pf Produce, Richette's South Philly Cold, and Marie's Grocery close by. For families, schools such as Nebinger George W School and Horace Furness High School are within reach. Outdoor enthusiasts will enjoy the proximity to Jefferson Square, Cianfrani Park, and the historic Tomb of the Unknown Soldier of the Revolution.

Additionally, the property qualifies for the CRA program, offering a conventional loan with no mortgage insurance, low down payment and lower interest rate.

This is a rare opportunity to own a versatile, income-producing home in one of Philadelphia's most walkable and desirable communities. Schedule your tour today before it's gone!

Location

State PA

County Philadelphia

Area 19147 (19147)

Zoning RSA5

Direction East

Rooms

Other Rooms Living Room, Dining Room, Bedroom 2, Kitchen, Basement, Bedroom 1, Laundry, Bathroom 1

Basement Full, Unfinished

Interior

Interior Features Bathroom - Stall Shower

Hot Water Natural Gas

Heating Hot Water

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Laundry Basement

Exterior

Water Access N

View Street

Accessibility None

Garage N

Building

Lot Description Rear Yard

Story 2

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Pets Allowed Y

Senior Community No

Tax ID 021429900

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA, VA

Horse Property N

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

Pets Allowed No Pet Restrictions

Virtual Tour https://view.ricoh360.com/fe73bf5a-8b08-474c-b8cf-946ef3cc60c9


Bright MLS (BMLS)

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agent

Michelle McMaster

Broker | License ID: 1542221

+1(856) 335-5586

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1016 S REESE ST