#PAPH2430104, Cui Zhen Deng, Listing Office: Home Vista Realty
5622 N 2nd St Philadelphia, PA 19120
Property details
About 5622 N 2nd St
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!
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2457566
- MLS Name: BRIGHT
- Office Name: Homestarr Realty
- Office Phone: (215) 355-5565
- Office Email: homestarr@homestarrinc.com
- Listing Agent: Joe Hill
- Agent Phone: (215) 436-4768
- Agent Email: joehill@homestarrinc.com
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Last updated on: 3/15/2025, 12:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$410,000
5622 N 2nd St
$4,869
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 04, 2022 | Home Sold | $224,000 |
Jun 20, 2014 | Home Sold | $150,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $217,600 | $3,045 |
2022 | $217,600 | $2,259 |
2021 | $- | $2,259 |
2020 | $161,400 | $2,259 |
2019 | $150,000 | $2,099 |
2018 | $148,700 | $2,081 |
2017 | $148,700 | $2,081 |
History based on county public records data.
Nearby schools
4
James R. Lowell Elementary School
Public District KG-4
0.3 mi
•450 W Nedro Ave
4
Julia Ward Howe Academics Plus Elementary School
Public District KG-5
0.9 mi
•5800 N 13th St
4
Feltonville Intermediate School
Public District 3-5
1.1 mi
•238 E Wyoming Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,434. Residents of Philadelphia, PA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 5622 N 2nd St in Philadelphia, PA and zip code 19120 in the Olney neighborhood. This 2,115 square foot home, which was built in 1930, sits on a 0.13 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $410,000.
In February 2025, from all listings sold in Philadelphia, PA there were more than 154 sold above asking price, over 396 sold below and more than 166 were sold right at the asked price. The number of listings in Philadelphia, PA increased by 10.7% between January and February 2025. The median list price of listings available in February 2025 was $268,469, while the average time on the real estate market was 59 days.