3424 North Reese Street
Description
Type: Duplex
Location: 3224 N Reese Street, Philadelphia, PA 19140
Price: $87,000
Condition: Property has been cleaned out and is ready for rehab
Unit Configuration: Suitable for conversion...Investor Special in the Heart of Fairhill! Introducing an exceptional investment opportunity at 3224 N Reese Street, Philadelphia, PA 19140. This duplex, priced at just $87,000, presents a unique chance for investors to acquire a property with substantial potential in the vibrant Fairhill neighborhood. Property Features:
Type: Duplex
Location: 3224 N Reese Street, Philadelphia, PA 19140
Price: $87,000
Condition: Property has been cleaned out and is ready for rehab
Unit Configuration: Suitable for conversion into multiple rental units
Investment Highlights:
Current Market Rents: The Fairhill area boasts strong rental demand, with current market rents for 1 bed, 1 bath units ranging from $800 to $900 per month. Value-Add Potential: This property offers significant potential for value addition through strategic renovations. Investors can capitalize on the increasing demand for quality rental units in this up-and-coming neighborhood. Prime Location: Situated in the Fairhill neighborhood, the property is in close proximity to public transportation, shopping centers, schools, and recreational facilities, enhancing its appeal to prospective tenants. This property represents an ideal investment for those looking to expand their portfolio in a high-demand rental market. With a little renovation, this duplex can be transformed into a lucrative income-generating asset.
- Listed by Timothy Eiland • KW EmpowerP: (267)-235-3678 timeiland@libertyheightsre.com
Property Details for 3424 North Reese Street
Property Details for 3424 North Reese Street
| Status | Active |
|---|---|
| MLS # | PAPH2371172 |
| Days on Market | 147 |
| Taxes | $565 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1920 |
| Lot Size | 0.01 AC / 535 SF |
| County | Philadelphia County |
Building Information for 3424 North Reese Street
Property Information for 3424 North Reese Street
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- School District County ID: 300200397108
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19140 (19140)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2024
- Tax Assessed Value: $40,400
- Year Assessed: 2024
- Improvement Assessed Value: $32,320
- City Town Tax: $248
- Land Assessed Value: $8,080
- Clean Green Assessed: No
- Land Use Code: O30
- Zoning: RM1
- Tax Lot: 248
- School Tax: $316
- Automatically Update Tax Values Y/N: Yes
- TaxDataUpdatedYN: Yes
- Single Room Units Count: 2
- One Bedroom Units Count: 2
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 0
- Other Units: Unit 1,Unit 2
- Type: Unit 1
- Beds Total: 1
- Full Baths Count: 1
- Type: Unit 2
- Beds Total: 1
- Full Baths Count: 1
- Building Units Total: 2
- Total Finished SQFT: 650.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 650.00
- Total SQFT: 650.00
- Total SQFT Source: Assessor
- Construction Materials: Masonry
- Basement Type: Partially Finished
- Foundation Details: Concrete Perimeter
- Lot Size Source: Assessor
- Lot Size Dimensions: 13.00 x 41.00
- Lot Dimensions Source: Assessor
- Parcel ID: 993740
- Type Of Parking: None
- Fireplace: No
- Accessibility Features: None
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Utilities: None
- Heating: Yes
- Cooling Type: Ductless/Mini-Split
- Cooling Fuel: None
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Greater Philadelphia Association of REALTORS
Property History for 3424 North Reese Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3424 North Reese Street
Schools near 3424 North Reese Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | 5 to 8 |
Rating | School | Distance |
|---|---|---|
Munoz-Marin Luis PublicPK to 8 | ||
Edison Hs/Fareira Skills Public9 to 12 | ||
The Linc Public9 to 12 | ||
JOHN B STETSON MS Public5 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Homes for Sale near Fairhill
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of KW Empower
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.