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Sold for $105,000
  • $105,000

    2625 Reed St, Philadelphia, PA 19146

    --beds
    --baths
    970Square Feet
    Unimproved Land
    Built in ----
    970 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $1,488 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,488/mo

    Zestimate® history
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    What's special

    Incredible opportunity in an ideal location of Grays Ferry! The lot itself is close to Point Breeze, Graduate hospital and University City. This location is less than one block from a community garden and walkable to center city for nightlife. There are multiple new construction homes within blocks, so this property is ready for a savvy investor to develop a great home. With large yard, and plenty of options for designs and layout, the size of this lot is much larger than the others that sold for over $500k. With the adjacent lot also for sale by the same Seller, economies of sale can help decrease costs to build, and help increase ARV. Projected return is nearly 24%. Don't miss this awesome investment opportunity! Also available as a package deal with 2623 Reed St.

    Zillow last checked: 8 hours ago

    Listing updated: November 27, 2024 at 02:31am

    Listed by:

    Dylan Collie 215-622-5110,

    KW Empower

    Bought with:

    Thomas Wenger

    Keller Williams Realty - Moorestown

    Source: Bright MLS,MLS#: PAPH2399366MLS Logo

    Facts & features

    Property

    Lot
    • Size: 970 sqft
    • Dimensions: 15.00 x 64.00
    Details
    • Additional parcels included: 2623 Available for Sale.
    • Parcel number: 362112200
    • Zoning: RSA5
    • Special conditions: Real Estate Owned

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional,FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/25/2025Listing removed$629,000
    Source: Bright MLS #PAPH2561868 Report a problem
    11/22/2025Pending sale$629,000+499%
    Source: Bright MLS #PAPH2561868 Report a problem
    11/22/2024Sold$105,000-6.7%
    Source: Bright MLS #PAPH2399366 Report a problem
    8/29/2023Listing removed$112,500
    Source: Bright MLS #PAPH2198538 Report a problem
    1/30/2023Listed for sale$112,500-13.5%
    Source: Bright MLS #PAPH2198538 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,811 +9.6%$129,400 +9.6%
    2024$1,653 $118,100
    2023$1,653 +446.8%$118,100

    Find assessor info on the county website

    Neighborhood: Grays Ferry

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: The School District Of Philadelphia

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.