Bought with Brian Joseph Thorpe • Honest Real Estate
$392,000
$410,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
5622 N 2ND ST Philadelphia, PA 19120
2,115 SqFt
Key Details
Sold Price $392,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,115 sqft
Price per Sqft $185
Subdivision Olney
MLS Listing ID PAPH2457566
Sold Date 05/22/25
Style Straight Thru
Abv Grd Liv Area 2,115
Year Built 1930
Annual Tax Amount $3,317
Tax Year 2024
Lot Size 5,456 Sqft
Acres 0.13
Lot Dimensions 42.00 x 130.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Nestled in the desirable Olney section of Philadelphia, this exceptional Detached Multi-Family offers an unparalleled investment opportunity. Conveniently located near public transportation, this property ensures easy accessibility for tenants, enhancing its desirability. Recently renovated and in excellent condition, the building boasts a modern charm that appeals to residents and currently enhances low-maintenance ownership. With fully occupied, rent-paying tenants, this income-producing property delivers steady cash flow, making it an ideal addition to any investor's portfolio. The building features the rare advantage of driveway parking, a sought-after amenity in the area, providing added convenience for tenants. Additionally, the lot includes extra space at the rear, offering versatile potential for further development or recreational use. Whether you're a seasoned investor or looking to expand your portfolio, this property stands as a prime example of quality, location, and income potential. Don't miss the chance to secure a gem in Olney!
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning RSA3
Rooms
Basement Fully Finished
Interior
Interior Features Ceiling Fan(s)
Hot Water Electric
Heating Baseboard - Electric
Cooling Ceiling Fan(s), Other
Flooring Hardwood, Laminate Plank
Fireplace N
Heat Source Electric
Exterior
Exterior Feature Wrap Around, Porch(es)
Garage Spaces 2.0
Water Access N
Roof Type Asphalt,Shingle
Accessibility None
Porch Wrap Around, Porch(es)
Total Parking Spaces 2
Garage N
Building
Lot Description Open, Cleared
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 612419000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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