5622 N 2nd Street
Philadelphia, PA 19120
- – beds
- – baths
- 2,115 sqft
- 5,456 sqft lot
- $193 per sqft
- 1930 build
Nestled in the desirable Olney section of Philadelphia, this exceptional Detached Multi-Family offers an unparalleled investment opportunity. Conveniently located near public transportation, this property ensures easy accessibility for tenants, enhancing its desirability. Recently renovated and in excellent condition, the building boasts a modern charm that appeals to residents and currently enhances low-maintenance ownership. With fully occupied, rent-paying tenants, this income-producing property delivers steady cash flow, making it an ideal addition to any investor's portfolio. Rents are $1250, $1250, $950, and $950 with year terms. The building features the rare advantage of driveway parking, a sought-after amenity in the area, providing added convenience for tenants. Additionally, the lot includes extra space at the rear, offering versatile potential for further development or recreational use. Whether you’re a seasoned investor or looking to expand your portfolio, this property stands as a prime example of quality, location, and income potential. Don't miss the chance to secure a gem in Olney!
Last checked:
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Last updated Mar 14, 2025
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MLS# PAPH2457566 —
The Building
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Year Built:1930
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Year Built Source:Assessor
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Roof:Asphalt, Shingle
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New Construction:No
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Construction Materials:Stone, Masonry
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Building Units Total:4
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Structure Type:Detached
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Architectural Style:Straight Thru
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Accessibility Features:None
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Fully Finished
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2115
Interior
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Interior Features:Ceiling Fan(s)
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Flooring Type:Hardwood, Laminate Plank
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Fireplace:No
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Wall & Ceilings:Dry Wall
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2115
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Living Area SqFt:2,115 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:0-30 Days CD
Location
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Directions:When heading South on 309, turn right onto Old York Rd, continue straight onto Broad St, then turn right onto Olney St, turn left N 2nd St. Property is on the left.
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Latitude:40.03671265
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Longitude:-75.12555695
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.13
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Lot Size Source:Assessor
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Lot Size Dimensions:42.00 x 130.00
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Lot Dimensions Source:Assessor
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Lot Features:Open, Cleared
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Lot SqFt:5,456 Sqft
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Inclusions:Refrigerators and tenants personal belongings
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Zoning:RSA3
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Outdoor Living Structures:Wrap Around, Porch(es)
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:G51
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 436-4768
- Office phone:
- (215) 355-5565
Taxes
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Tax ID Number:612419000
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Tax Year:2024
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Tax Lot:275
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Tax Annual Amount:$3,317
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Tax Assessed Value:$237,000
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Year Assessed:2025
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School Tax:1857.0
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City/Town Tax:1459.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Ceiling Fan(s), Other
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Subdivision Name:Olney
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Exterior Features:Exterior Lighting, Sidewalks, Street Lights, Secure Storage
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Pool:No Pool
Parking
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Total Garage and Parking Spaces:2
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Garage:No
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Type of Parking:Driveway, On Street
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Parking Features:Concrete Driveway
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Driveway - # of Spaces:2
Extra Units
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Vacation Rental:No
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Single Room Units:1
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One Bedroom Units:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/14/25
Mar 14, 2025
|
Listed / Active | BRIGHT | $410,000 |