2050 REED STREET Overview
- Time on Site:
- 11 days
- Visits:
- 0
Updated Duplex in Point Breeze! Well-maintained 2-story brick end-row duplex situated on a residential street in the Point Breeze section of South Philadelphia. This rapidly developing neighborhood continues to experience significant growth, with new construction and redevelopment projects throughout the area. The property features two separately metered living units (shared water service) with numerous updates. The first-floor unit offers 1&2 bedrooms, in-unit laundry, updated kitchen and bathroom, vinul flooring and direct access to the full basement, providing ample storage space and utility access. The second-floor unit features 2 bedrooms, 1 full bathroom, an exposed brick accent wall, vinyl flooring, and an updated kitchen and bathroom. This unit also includes the convenience of in-unit laundry. The full basement is accessible through the first-floor unit and offers excellent storage potential. With separate utilities, updated interiors, and strong income-producing potential, this property is ideal for investors or owner-occupants seeking rental income. Conveniently located near shopping, dining, public transportation, and major commuter routes, this is an excellent opportunity to own in one of South Philadelphia's most active growth neighborhoods. Buyeris responsible for 100% transfer tax. This is a Fannie Mae homepath property. Buyers complete the homepath Ready Buyer home ownership course on Homepath website. Attach certificate to offer up to 3% closing cost assistance. First Look applies
2050 REED STREET Facts & Features
- Type Multi-Family
- Sq. ft. 1,508
- Price/Sq.ft. $222
- Lot 0.02 Acres
Details
General
Income/Expenses
- Existing Lease Type: None
Listing Information
- Real Estate Owned: Yes
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 1508
- Year Built: 1923
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19146 (19146)
- Subdivision Name: POINT BREEZE
Parking Information
- Type of Parking: On Street
Tax Information
- City/Town Tax: 2208.00
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- School Tax: 2810.00
- Tax Annual Amount: $5,018.00
- Tax Assessed Value: 358500.00
- Tax Year: 2025
General Information
- Property Condition: Average
- Property Sub Type: Duplex
- Property Type: Multi-Family
- Rent Control: No
- School District Name: PHILADELPHIA CITY
- Special Listing Conditions: Bank Owned/REO
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: RSA5
Unit Information
- Other Units: Unit 1,Unit 2
Interior
Building Information
- Building Winterized: Yes
- Cooling Fuel: None
- Heating Fuel: Natural Gas
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: End of Row/Townhouse
Building Interior
- Above Grade Finished Area: 1508
- Above Grade Finished Area Source: Assessor
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Source: Assessor
- Below Grade Finished Area Units: Square Feet
- Central Air: No
- Hot Water: Natural Gas
General Information
- Accessibility Features: None
- Appliances: Built-In Microwave, Oven - Single, Refrigerator, Stainless Steel Appliances
- Cooling: None
- Electric: 100 Amp Service
- Fireplace: No
- Flooring: Vinyl
- Foundation Details: Permanent
- Living Area: 1508
- Living Area Source: Assessor
- Units Furnished: None
Unit Information
- One Bedroom Units Count: 0
- Single Room Units Count: 0
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 2
Exterior
Lot Information
- Lot Dimensions Source: Assessor
- Lot Features: Rear Yard
- Lot Size Dimensions: 16.00 x 60.00
- Lot Size Source: Assessor
- Lot Size Square Feet: 960.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Contemporary
- Construction Materials: Masonry
- Roof: Flat
General Information
- Number Of Units Leased: 0
- Number Of Units Mo Mo: 0
- Number Of Units Total: 2
- Number Of Units Vacant: 2
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 2
- Description: Basement access, washer/dryer included.
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 2
- Description: Washer/dryer included.
2050 REED STREET Neighborhood
Community
19146 (PHILADELPHIA) Demographics
2050 REED STREET Monthly Cost
2050 REED STREET Market Data
Based on the last 30 days in this zip code
2050 REED STREET History
| Date | Value | Agent |
|---|---|---|
| 6/18/2026Source: BRIGHT MLS | June 18, 2026 |
|
| 12/3/2024Source: BRIGHT MLS | August 11, 2021 |
|
| 12/3/2024Source: BRIGHT MLS | August 12, 2021 |
|
| 12/3/2024Source: BRIGHT MLS | August 12, 2021 |
Contact Information: [email protected] - 6106227500
