Property

Philadelphia, PA 19120 5622 N 2Nd Street

Pending
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Presented By: Homestarr Realty
  • MLS# PAPH2457566
  • 03/14/2025
  • Request Tour
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  • Beds • 3

Home Details

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 youre 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!
Presented By: Homestarr Realty

Interior Features for 5622 N 2Nd Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementFully Finished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringHardwood, Laminate Plank
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesCeiling Fan(s)

General for 5622 N 2Nd Street

AccessibilityNone
Architectural StyleStraight Thru
CityPHILADELPHIA
Construction MaterialsStone, Masonry
Cool FuelElectric
CoolingCeiling Fan(s), Other
CountyPHILADELPHIA
DirectionsWhen heading South on 309, turn right onto Old York Rd, continue straight onto Broad St, then turn right onto Olney St, turn left N 2nd St. Property is on the left.
Garage Y/NNo
HeatingBaseboard - Electric
Lease TypeYearly
Lot Size Square Feet5456.00
Lot Size UnitsSquare Feet
MLS Area19120 (19120)
ModificationTimestamp2025-05-01T15:10:33
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
NumberOfUnitsVacant
One Bedroom Units Count3
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Patio/Porch FeaturesWrap Around, Porch(es)
Possession0-30 Days CD
Price Per Sq Ft Total AG193.85
Property ConditionVery Good
Property SubtypeQuadruplex
Property TypeMulti-Family
RoofAsphalt, Shingle
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count1
Standard StatusPending
StatusPENDING
Structure TypeDetached
Subdivision NameOLNEY
Tax Annual Amount3317.0
Tax Assessed Value237000.0
Tax Lot275
Tax Year2024
Total Actual Rent52800.00
Total SQFT2115
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1930
Year Built SourceAssessor
ZoningRSA3

Exterior for 5622 N 2Nd Street

Exterior AmenitiesExterior Lighting, Sidewalks, Street Lights, Secure Storage
Foundation DetailsStone
InclusionsRefrigerators and tenants personal belongings
Land Assessed Value47400.00
Land Use CodeG51
Lot Dimensions42.00 x 130.00
Lot FeaturesOpen, Cleared
Lot Size Acres0.13
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesConcrete Driveway
PoolNo Pool
Total Parking Spaces2
Type of ParkingDriveway, On Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $410,000
MLS#PAPH2457566
List Date 03/14/2025
Property Type Pending
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