2403 N REESE STREET, Philadelphia, PA 19133

$99,900 Asking Price

2 beds
1 bath
1,120  sqft
Built in 1920

Attention investors!! Are you looking for a 14+ cap rate on a single family investment, well, look no further! Set within walking distance of Temple University, 2403 N Reese St is a rehabbed 2 bedroom, 1 bathroom home that has been recently leased, offering a prime investment opportunity for a savvy buyer. A low-traffic block leads to the handsome, freshly painted 2-story brick exterior. Inside, the open and airy living room greets you with tons of natural light from the bright front window. There's plenty of space for hanging out or entertaining. Modern floors extend past the center staircase into a renovated eat-in kitchen perfect for hosting family dinners. At the rear is a conveniently placed laundry room. Out back, the private yard acts as an escape from the city's hustle, sure to become a popular spot for barbecues and outdoor play. Up on the second level, a large sunlit bedroom with gleaming hardwood floors, a pair of closets, and tall windows is at the front. Down the hall is another spacious bedroom and an updated bathroom. Completing the home is a clean basement, ideal for extra storage space. 2403 N Reese St is close to popular restaurants, sprawling parks, and shopping centers along W Lehigh Ave, N American St, and Germantown Ave. There's also easy access to public transit, Broad St, and I-95. Schedule your tour today! Seller is open to seller-financing for qualified buyers.

Features & Amenities

Interior

Laundry:
Has Laundry
Basement:
Unfinished
A/C:
None
Heating:
Y, Forced Air, Natural Gas
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Straight Thru

Construction

General:
Masonry, 2, Stone

Location

Originating MLS:
BRIGHT_MAIN
School District:
THE SCHOOL DISTRICT OF PHILADELPHIA
County:
PHILADELPHIA

Lot

Zoning:
RSA5, 191326000
Current Use:
O30

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN
Exclusions:
Tenant's belongings

This listing courtesy of:
KW Empower, Stuart C Cohen

About Philadelphia, PA

Housing

Number of Units
705,993
Median Home Value
$212,331
Median Rent
$993

47.83% of housing units are renter occupied.

9.77% are vacant.

Commute

Car
48.32%
Public Transportation
19.12%
Walk to Work
6.40%
Work from Home
23.29%
Other
1.20%

The median travel time to work is 28 minutes.

People

Population
1,564,304
Median Age
36.10
Median Household Size
2.55

Education

High School
31.51%
Associate’s Degree
5.70%
Bachelor’s Degree
18.90%
Graduate Degree
14.16%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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