Back 2201 S Hicks St
Off Market

2201 S Hicks St

Philadelphia PA 19145

4
2452 sq. ft.
768 sq. ft.
Duplex
Last sold for $490,000
Dava CostelloDava Costello, last sold this property on 18 April 2023 after 306 days on market.

Overview

Don't miss an incredible investment opportunity in a great location conveniently located near the Broad Street Line! This building has a walk score of 98 and is close to everything! This 4-unit multifamily would be significant for any investor looking to add to their portfolio with steady rents and little to no vacancy for several years. The street level consists of two one-bedroom, one-bathroom units, each with private entrances. Unit 1F is now vacant and recently updated with a modern kitchen, bathroom, and new flooring! Unit 1R is currently tenant occupied and features excellent high ceilings! The top units are bi-level, with an entrance located at 1504 Jackson Street. You can open the door and walk up a separate staircase to find unit 2R and unit 2F. Both upper units are the largest, with bi-level layouts featuring the kitchen, living, and dining room on the first level and a bedroom and bathroom on the top. The 2F unit was recently updated with a contemporary kitchen, bathroom, and flooring finishes! The 2R unit has an outdoor bonus space that walks out to a small patio or roof deck for enjoyment! Laundry is shared for all units and is located below street level with a separate entrance. The property has a fully finished basement directly next to the laundry room for plenty of additional storage. All the units have separate entrances, zoned heating, separate meters, and water heaters. This location offers quick access to all the shops, bars, and restaurants on East Passyunk, Guerin Recreation Center, several grocery stores, all the Philadelphia stadiums, and only a couple of blocks to the Broad Street Line! You can hop on 76 or 95 for a quick commute to Center City, Pennovation, U-City, CHOP, Drexel, and U-Penn. Property is sold in As-Is condition; * The last offer fell out of contract buyers loan was not approved* Market rents on 1 bedroom units should be $1000 -1300 per unit.

Features

4 bedrooms
2452 sq. ft. floor area
768 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 4 bedroom duplexes sold in Philadelphia over the last 12 months, the estimated median property value of 2201 S Hicks St is $378.5k.

Median value
$378.5k
Estimated value range
$170k - $440k
Median days on market
19
Estimated value trend
-29%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Philadelphia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2201 S Hicks St

2023
Sold
$490,000
18 Apr 2023 by Dava Costello, of OCF Realty LLC
2013
Sold
$250,000
03 May 2013

Happy sellers in Philadelphia

<50%
Less than 50% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Philadelphia over the last 12 months.

Local market activity for 4 bedroom duplexes in Philadelphia

In the last 12 months, 11 four-bedroom duplexes similar to 2201 S Hicks St, have been sold.

This represents a 83% decrease in four-bedroom duplexes sales when compared to the previous 12 months.

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