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407 Pierce St, Philadelphia, PA, 19148

2beds
--baths
800sqft
$535,000
$669price/sqft
$3,772/moest. monthly cost
$150,880/yrincome needed

About This Home

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.

Getting Around

89
WalkingVery Walkable
64
TransitGood Transit
86
BikeVery Bikeable

Schools

3/10

Construction

Condition

  • Property condition: Excellent
  • Year built: 1960

Materials

  • Foundation: Slab
  • Construction materials: Masonry

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Natural Gas

Interior Area

  • Total structure area: 800
  • Total interior livable area: 800 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 011377600
  • Zoning: RSA5
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 887 sqft
  • Lot size dimensions: 16.00 x 56.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes