407 Pierce St

Philadelphia, PA 19148
  • $525,000

    Price
  • 1

    Bed
  • 0

    Bath
  • 800

    SqFt

About the Listing KELWLMDA - 3138580

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.

Listing Highlights

Status Active
Days on Site 177
Property Type Multi-Family
MLS ® PAPH2581082
Year Built 1960
Total Square Footage 800
Lot/Acreage 0.02
County Philadelphia
School District Philadelphia City

Interior Details

  • Bedrooms: 1
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central A/C
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 800
  • Below Ground Sq Ft: 0
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Lot Dimensions: 16.00 x 56.00
  • Zoning: RSA5
  • Roof:
  • Others: Excellent
  • Sewer: No Septic System
  • Parking Features: On Street

Financial Details

  • Tax Amount: $3,359
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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Questions About..

407 Pierce St Philadelphia, PA 19148

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Originating MLS: BRIGHT_MAIN

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Sarah Forti

Realtor and Team Owner of Forti Homes | Forti Homes | KW Devon Wayne

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