1016 S REESE ST Philadelphia, PA 19147
UPDATED:
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
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

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