2050 Reed Street , Philadelphia, PA 19146

$335,000
  • 2050 Reed Street , Philadelphia, PA 19146 Main Photo

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New to the Market ACTIVE
BEDS0 BATHS SQUARE FEET1,508 MLS#PAPH2638940
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPOINT BREEZE SCHOOLPHILADELPHIA CITY

Property Description

Updated Duplex Investment Opportunity in Point Breeze! Well-maintained 2-story brick end-row duplex situated on a residential street in the desirable Point Breeze section of South Philadelphia. This rapidly developing neighborhood continues to experience significant growth, with new construction and redevelopment projects throughout the area. The property features two separately metered living units (shared water service) with numerous updates. The first-floor unit offers 1–2 bedrooms, in-unit laundry, updated kitchen and bathroom, vinul flooring and direct access to the full basement, providing ample storage space and utility access. The second-floor unit features 2 bedrooms, 1 full bathroom, an exposed brick accent wall, vinyl flooring, and an updated kitchen and bathroom. This unit also includes the convenience of in-unit laundry. The full basement is accessible through the first-floor unit and offers excellent storage potential. With separate utilities, updated interiors, and strong income-producing potential, this property is ideal for investors or owner-occupants seeking rental income. Conveniently located near shopping, dining, public transportation, and major commuter routes, this is an excellent opportunity to own in one of South Philadelphia's most active growth neighborhoods. First Look programapplies - EXPIRES: 7/19/26. Owner-occupant, non-profit, and public entity purchasers receive priorityduring the initial marketing period. Investor offers will be considered after the First Look period ends. Buyeris responsible for 100% transfer tax. This is a Fannie Mae homepath property. Buyers complete thehomepath Ready Buyer home ownership course on Homepath website. Attach certificate to offer up to 3%closing cost assistance.

2050 Reed Street | MLS# PAPH2638940

This multi-family property located at 2050 Reed Street , Philadelphia, PA 19146 is currently listed for sale with an asking price of $335,000. Reed Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.reexcelpros.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Interior Access, Unfinished
Cooling: None
Fuel Type: Natural Gas
Heating: Central, Forced Air
Home Style: Contemporary
Lot Size: 0.02 Acres
Roof Type: Flat
Taxes: $5,018
Year Built: 1923

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Built-In Microwave, Oven - Single, Refrigerator, Stainless Steel Appliances
Electric: 100 Amp Service
Exterior: Masonry
Flooring: Vinyl
Location: Middle Of Block
Lot: Rear Yard
Lot Dimensions: 0.02 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Structure Type: End of Row/Townhouse
Two Bedroom Units: 2
Units: 2
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: RE/MAX Prime Real Estate
Agency Phone: 6106227500

Shown By

Agency Title: Real Estate Excel, The Baringer Group, Ltd.
Agency Phone: 215-536-9550

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Estimated Payment

$ 1,261.44 per month $745.56 Principal & Interest $418.17 Property Tax $97.71 Homeowner's Insurance

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