SoldApr 18, 2023

Listed by Dava Costello from OCF Realty LLC

Bought with Megan Reiss from Keller Williams Main Line

Source: Bright MLS #PAPH2197756

2201 S Hicks St, Philadelphia, PA, 19145

$490,000

4
2452 sq. ft.
768 sq. ft.

Duplex

30+ days on the market

Sold: Apr 18, 2023

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About this property

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.

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