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2403 N Reese Street

Philadelphia, PA 19133

2 beds
1 bath
1,120 sqft
853 sqft lot
$82 per sqft
1920 build

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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.

Listing courtesy of BRIGHT / KW Empower

Last checked: Checking… • Last updated Jan 15, 2025 •

MLS# PAPH2415550 —

The Building

Year Built:

1920
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Masonry
Structure Type:

Interior Row/Townhouse
Architectural Style:

Straight Thru
Levels:

2
Accessibility Features:

None
Foundation Details:

Stone
Basement:

Yes
Basement Type:

Unfinished
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Finished SqFt:

1120
Above Grade Finished SqFt Source:

Assessor
Below Grade Finished Area Units:

Square Feet
Below Grade Unfinished Area Units:

Square Feet
Below Grade Finished SqFt Source:

Assessor
Below Grade Unfinished SqFt Source:

Assessor
Tax Total Finished SqFt:

1120

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

1120
Living Area SqFt:

1,120 Sqft

Financial & Terms

Sale Type:

Standard
Buyer Financing:

Cash
Possession:

Settlement

Location

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
Latitude:

39.98789978
Longitude:

-75.14160919

The Property

Property Type:

Residential
Lot Size Units:

Square Feet
Lot Size Acres:

0.02
Lot Size Source:

Assessor
Lot Size Dimensions:

14.00 x 60.00
Lot Dimensions Source:

Assessor
Lot SqFt:

853 Sqft
Inclusions:

Washer, dryer and refrigerator
Exclusions:

Tenant's belongings
Zoning:

RSA5
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

O30
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

191326000
Tax Year:

2024
Tax Lot:

2068
Tax Annual Amount:

$1,335
Tax Assessed Value:

$95,400
Year Assessed:

2024
School Tax:

747.0
City/Town Tax:

587.00
Total Taxes Payment Frequency:

Annually

Beds

Bedrooms:

2
Bedrooms Main Level:

2

Baths

Total Baths:

1
Full Baths:

1
Main Level Baths:

1.00
Main Level Full Baths:

1

The Listing

Close Sale Type:

Standard Sale

Heating & Cooling

Cooling Type:

None
Central Air:

No
Cooling Fuel:

None
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Appliances

Laundry Type:

Has Laundry

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Subdivision Name:

West Kensington
Senior Community:

No
Pool:

No Pool
HOA:

No
Condo/Coop Association:

No

Parking

Garage:

No
Type of Parking:

None

Extra Units

Vacation Rental:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$160/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
1/8/25 Jan 8, 2025	Sold	BRIGHT	$92,000	-7.9%
12/13/24 Dec 13, 2024	Sold Subject To Contingencies	BRIGHT	$99,900
11/19/24 Nov 19, 2024	Pending	BRIGHT	$99,900

Townhouse Sold on 1/8/2025

$92,000

Listing provided by broker:

Stuart C Cohen

KW Empower

vicki@kwempower.com

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Listing Courtesy of: BRIGHT and KW Empower.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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.

2403 N Reese Street

Philadelphia, PA 19133