2050 Reed Street, PHILADELPHIA, PA 19146 (MLS # PAPH2638940)

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PRICE $335,000 dsIDX morgage calculator
BEDS 4
BATHS 0
HOME SIZE 1,508 sqft
LOT SIZE 872 sqft

Updated Duplex Investment Opportunity in Point Breeze! Well-maintained 2-story brick end-row duplex situated on a residential street in the desirable 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. First Look programapplies - EXPIRES: 7/19/26. Owner-occupant, non-profit, and public entity purchasers receive priorityduring the initial marketing period. Investor offers will be considered after the First Look period ends. Buyeris responsible for 100% transfer tax. This is a Fannie Mae homepath property. Buyers complete thehomepath Ready Buyer home ownership course on Homepath website. Attach certificate to offer up to 3%closing cost assistance.

FORECLOSURE
This listing may be a bank owned (foreclosed) property.

DAYS ON MARKET 2 LAST UPDATED 6/18/2026
TRACT POINT BREEZE YEAR BUILT 1923
COMMUNITY 19146 (19146) COUNTY PHILADELPHIA
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
School District PHILADELPHIA CITY


ADDITIONAL DETAILS
AIR None
APPLIANCES Gas Water Heater, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s)
AREA 19146 (19146)
BASEMENT Full, Interior Entry, Unfinished, Yes
HEAT Central, Forced Air, Natural Gas
LOT 871 sq ft
LOT DESCRIPTION Back Yard
LOT DIMENSIONS 16.00 x 60.00
PARKING On Street
POOL DESCRIPTION None
SEWER Public Sewer
STYLE Contemporary
SUBDIVISION POINT BREEZE
TAXES 5018
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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