3309 Reed St, Philadelphia, PA 19146

Property Description

Welcome to this well-maintained 3-bedroom, 1-bath townhome on Reed Street, conveniently located across from Stinger Park and close to restaurants, shopping, entertainment, and I-76. The property also offers convenient access to University City’s medical campuses in addition to the University of Pennsylvania, Drexel University, and Saint Joseph’s University. The main level begins with a bright enclosed entry/mudroom and opens into a spacious living and dining area featuring wide-plank flooring, tall ceilings, and plenty of natural light. The kitchen offers white cabinetry, granite countertops, tile backsplash, stainless steel appliances, and a gas range. Upstairs are three comfortable bedrooms with ample closet space and a full bathroom featuring an updated vanity and tiled tub/shower surround. A fenced rear patio provides additional outdoor space, while the unfinished basement offers plenty of storage. The property is currently tenant occupied at $1,500 per month with the lease in place through February 1, 2027. The tenant pays water, with the landlord currently responsible only for sewer/refuse. The tenants have expressed interest in renewing, making this an attractive opportunity for an investor seeking immediate rental income in a convenient Philadelphia location.