South Philly Investor Special – 3 Connected Properties w/ Skyline Views! Addresses: 1346 & 1348 S. 29th St and 1347 S. Hollywood St. – Philadelphia, PA 19146 Unlock serious potential in the rapidly rising Grays Ferry section of South Philadelphia. This unique investment package features two side-by-side rowhomes and a third structure with an existing garage—ideal for conversion into a modern home with parking or income unit. All three properties are fully gutted and ready for development. The rear yards and parcels that connect, this is a rare opportunity to create a cohesive, high-value residential compound. Property Highlights: 1346 & 1348 S. 29th St. – Adjoining shells with fenced rear yards 1347 S. Hollywood St. – Existing garage with residential conversion potential Properties back into each other – offering flexible layout and development options Fully gutted – Clean slate for custom build or rehab Rooftop deck potential – Stunning views of the Philadelphia skyline Great candidate for modern townhomes, luxury rentals, or owner-occupied with garage This location is near University City, Center City, and the Schuylkill River Trail, Quick access to I-76, Grays Ferry Bridge, and public transit. Minutes to parks, schools, restaurants, and major employers, in the heart of South Philly’s next wave of development! Investment Info: Parcels being sold as is! Bundle deal preferred! Surrounded by new construction and rehabs!
Listed by Therese Rios
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License #rs332847
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Space & Company
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2674557003
Last updated August 22, 2025
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Source: BrightMLS #PAPH2483152
Listing Facts
TypeMulti-family
NeighborhoodGrays Ferry
Days on Prevu118
Taxes$468/year
Size750 sqft
Price per sqft$507
Location
Mortgage Calculator
Listing History
08/22/2025
Price Decreased
$379,900
06/25/2025
Price Decreased
$399,000
06/19/2025
Price Decreased
$450,000
06/03/2025
Price Decreased
$460,000
05/15/2025
Listed by Space & Company
$480,000
Property Details for 1347 S Hollywood Street
Exterior
Construction
New Construction: No
Number Of Units Total: 3
Year Built: 1920
Architectural Style: Straight Thru
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.02
Lot Size Dimensions: 15
Lot Size Source: Assessor
Lot Size Square Feet: 810
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $468.00
Tax Year: 2024
Interior
Features
Fireplace: No
Measurements
Living Area: 750
Living Area Source: Assessor
Other
Location
Subdivision Name: GRAYS FERRY
Tax Lot: 349
Parking
Parking
Garage: No
Utilities
Equipment
Heating: 90% Forced Air
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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