$87,000
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3424 N Reese Street Philadelphia, PA 19140 Municipality: Philadelphia
Multi-Family
Residence
Beds
Baths
Sq. Ft.
0.01
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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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 neighbo...rhood. 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.
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MLS#
PAPH2371172
Property Type
Multi-Family
Year Built
1920
Price per Sq. Ft.
$133.85
Lot Size
0.01
Sewer
Public Sewer
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