5622 N 2nd St, Philadelphia, PA 19120 | For Sale

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For Sale $425,000 ($200.95 per Sq Ft)

$425,000 ($200.95 per Sq Ft)
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • 2,115 Sq Ft
  • 5,456 Sq Ft

Description

This standalone, fully refurbished, 2,415 sq. ft building presents an exceptional investment opportunity. It currently features three fully rented units, an open, inviting porch and front lawn, and a large backyard area with easy access to develop ADU units (additional dwelling units), for increased revenue.

Each apartment has been thoroughly upgraded with new hardwood floors throughout, stainless steel appliances, refrigerators, stoves, and microwaves, along with new ceiling fans, and fresh coats of paint. Bathrooms have been upgraded as well with new toilets and showers.

The first-floor unit is versatile, with two entrances and the option to configure it as a spacious one-bedroom or two-bedroom apartment. It also includes two dedicated parking spaces.
The second and third floors host one-bedroom, one-bathroom units, each meticulously renovated, and with its own individual style and character. (current rents $1,250, $1,250 and $950)

Recent updates include a brand-new roof, entire building power-washed, refreshed common areas with new carpeting, and a well-maintained exterior, along with a detached storage space in the rear, all adding the finishing touches.

This property also has a modernized finished basement with a separate entrance, presenting a prime opportunity for additional rental income. 5622 N. 2nd St. is perfect for the savvy investor, NACA candidate, or 1031 Exchange individual, being sold as is.

****Owner says to bring all reasonable offers.****

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $425,000
Property Type Triplex (3-units)
Usable Sqft 2,115
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1930
Last Sold Unknown
Sold Price Unknown
APN # 612419000
MLS # PAPH2390714
Property ID 320808952
Lot Sqft 5,456
Zoning RSA3
Total Units 3
Days on Market 91
Original List Price Unknown
Applicances Microwave,Oven/Range - Electric,Refrigerator%
Date Updated November 11, 2024
Date Created August 28, 2024

Listing Provided By

Dina J. Dashiell an agent of . Lic #RS347537


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Data last updated: November 27, 2024.
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