StatusAccepting Backup Offers (ACTIVE UNDER CONTRACT)
About 2403 N Reese St
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.
Property Details
Property Features
Property Information:
Architectural Style: Straight Thru
Year Built: 1920
Stories: 2
Living Area: 1,120 SqFt
Listing Office:
Office Name: KW Empower
Office Phone: (215) 627-3500
Listing Agent: Stuart C Cohen
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.02 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
Other
Directions Information:
Directions: Head north on S Broad St toward E Passyunk Ave 7 min (1.4 mi) Turn right onto Pine St 4 min (0.8 mi) Follow S 5th St to N Fairhill St 13 min (3.1 mi) Continue on N Fairhill St. Drive to N Reese St
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $99,900
Price Per SqFt: $89/SqFt
Tax Information:
Annual Amount: $608
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $165.4K less than the Median Sold Price and $112/SqFt less than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2415550
Listing Office:
Office Name: KW Empower
Office Phone: (215) 627-3500
Listing Agent: Stuart C Cohen
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Isaac A. Sheppard Elementary School
120 W Cambria St
Distance between this listing and this school0.66 miles
Public District Grades KG-4
3
/10
Mastery Charter School at Clymer
1201 W Rush St
Distance between this listing and this school0.73 miles
Public Charter Grades KG-6
7
/10
Horatio B. Hackett School
2161 E York St
Distance between this listing and this school0.91 miles
Public District Grades KG-5
Nearby Schools
2
/10
John Welsh Elementary School
2331 N 4th St
Distance between this listing and this school0.15 miles
Public District Grades KG-8
2
/10
John F. Hartranft School
720 W Cumberland St
Distance between this listing and this school0.21 miles
Public District Grades KG-8
3
/10
William McKinley School
2101 N Orkney St
Distance between this listing and this school0.31 miles
Public District Grades KG-8
Nearby Schools
2
/10
The U School: Innovative Lab
2000 N 7th St
Distance between this listing and this school0.46 miles
Public District Grades 9-12
5
/10
Sankofa Freedom Academy Charter School
2501 Kensington Ave # 2533
Distance between this listing and this school0.69 miles
Public Charter Grades KG-12
2
/10
Philadelphia Military Academy at Elverson
2118 N 13th St # 2160
Distance between this listing and this school0.69 miles
The neighbors living near this home have an average income of $12,391. Typical income of Philadelphia, PA residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2403 N Reese St
What is the listing price of this property?
The listing price of 2403 N Reese St property is $99,900.
What type of property is this?
The property 2403 N Reese St is a townhouse located in Philadelphia, Pennsylvania, 19133.
Is this property for sale now?
Accepting Backup Offers: 2403 N Reese St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $608 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 24, 2020 for $50,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2403 N Reese St has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 2403 N Reese St is 1,120 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2403 N Reese St is 1920.
This home is located at 2403 N Reese St in Philadelphia, PA and zip code 19133 in the Fairhill neighborhood. This 1,120 square foot home, which was built in 1920, sits on a 0.02 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $99,900.
While more than 219 listings in Philadelphia, PA in November 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 523 were sold below. The number of listings in Philadelphia, PA increased by 1.8% between October 2024 and November 2024. In November 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $265,372.
From Rocket Homes Real Estate and based on county public records data.