Philadelphia, PA 19120,5622 2ND
Philadelphia, PA 19120,5622 2ND
Philadelphia, PA 19120,5622 2ND
25
$224,000
$270,000
17.0%
Est.Price: ?

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2,415 SqFt

5622 2ND Philadelphia, PA 19120

Est. payment /mo
SOLD DATE : 02/02/2022

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Key Details

Sold Price $224,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,415 sqft

Price per Sqft $92

Subdivision Olney

MLS Listing ID PAPH2029926

Sold Date 02/02/22

Style Traditional

Abv Grd Liv Area 2,115

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $2,259

Tax Year 2021

Lot Size 5,456 Sqft

Acres 0.13

Lot Dimensions 42.00 x 129.91

Property Description

Looking for instant income? Look no further! No matter if you're just starting your real estate portfolio or a seasoned investor, or looking to buy as an owner-occupant, 5622 N 2nd st is a solid multi-family property in need of some cosmetic updating. The roof was replaced and all new hot water heaters were installed within the last few years. The First-floor tenant is moving out. It currently produces nearly $3000 per month and has separate utilities. Located on a quiet block in the Olney neighborhood, each unit consists of 1 bed and 1 bath except for the studio unit in the basement. Leases are good through 2022. Tenants find this location very walkable as most errands, shopping, and public transportation can be reached on foot. All appointments must be confirmed in advance. Make time today to schedule a showing of this unique property and lock in your new cash-producing asset!

Unit #1 $825 per month
Unit #2 $765 per month
Unit #3 $650 per month
Unit #4 (studio) $685 per month

Location

State PA

County Philadelphia

Area 19120 (19120)

Zoning RSA3

Rooms

Basement Fully Finished

Interior

Hot Water Electric

Heating Baseboard - Electric, Forced Air

Cooling None

Heat Source Electric

Exterior

Garage Spaces 1.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 1

Garage N

Building

Foundation Permanent

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 612419000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing FHA, FHA 203(b), Cash, Conventional, VA

Listing Terms FHA, FHA 203(b), Cash, Conventional, VA

Financing FHA,FHA 203(b),Cash,Conventional,VA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Cherise Wynne • Compass RE
Bought with Dina J. Dashiell • Settle Down Philadelphia

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Josh Heller

Owner | License ID: RS338767 / NMLS #2348781

+1(717) 200-4148

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