This standalone, fully refurbished, 2,415 sq. ft building presents an exceptional investment opportunity. It currently features three fully rented units, an open, inviting porch and front lawn, and a large backyard area with easy access to develop ADU units (additional dwelling units), for increased revenue. Each apartment has been thoroughly upgraded with new hardwood floors throughout, stainless steel appliances, refrigerators, stoves, and microwaves, along with new ceiling fans, and fresh coats of paint. Bathrooms have been upgraded as well with new toilets and showers. The first-floor unit is versatile, with two entrances and the option to configure it as a spacious one-bedroom or two-bedroom apartment. It also includes two dedicated parking spaces.The second and third floors host one-bedroom, one-bathroom units, each meticulously renovated, and with its own individual style and character. (current rents $1,250, $1,250 and $950) Recent updates include a brand-new roof, entire building power-washed, refreshed common areas with new carpeting, and a well-maintained exterior, along with a detached storage space in the rear, all adding the finishing touches. This property also has a modernized finished basement with a separate entrance, presenting a prime opportunity for additional rental income. 5622 N. 2nd St. is perfect for the savvy investor, NACA candidate, or 1031 Exchange individual, being sold as is. ****Owner says to bring all reasonable offers.****
Details
MLS#
PAPH2390714
Listing Type
For Sale
Style
House
Sub-Type
Resale
Status
Active
Year
1930
Days On Site
170
Listing Provided By
XL Realty Group | Dina J. Dashiell
Features
SQ Feet
2,115
Basement
Y
Zoning
RSA3
Acreage
0.13
Market Activity 19120
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jan 2025
Sales: 8
Avg $ Per SqFt: $81.12
Min Sale Price: $850
Max Sale Price: $265,000
Med Sale Price: $133,000
Date: Dec 2024
Sales: 12
Avg $ Per SqFt: $99.55
Min Sale Price: $750
Max Sale Price: $245,000
Med Sale Price: $116,000
Date: Nov 2024
Sales: 17
Avg $ Per SqFt: $132.27
Min Sale Price: $1,350
Max Sale Price: $260,000
Med Sale Price: $195,000
Date: Oct 2024
Sales: 4
Avg $ Per SqFt: $144.86
Min Sale Price: $975
Max Sale Price: $218,225
Med Sale Price: $166,250
Date: Sep 2024
Sales: 4
Avg $ Per SqFt: $168.29
Min Sale Price: $185,000
Max Sale Price: $239,999
Med Sale Price: $205,000
Date: Aug 2024
Sales: 5
Avg $ Per SqFt: $99.8
Min Sale Price: $1,250
Max Sale Price: $177,500
Med Sale Price: $175,000
Date: Jul 2024
Sales: 3
Avg $ Per SqFt: $148.36
Min Sale Price: $110,000
Max Sale Price: $210,000
Med Sale Price: $200,000
Date: Jun 2024
Sales: 1
Avg $ Per SqFt: $150
Min Sale Price: $240,000
Max Sale Price: $240,000
Med Sale Price: $240,000
Date: May 2024
Sales: 1
Avg $ Per SqFt: $167.84
Min Sale Price: $190,000
Max Sale Price: $190,000
Med Sale Price: $190,000
Date: Feb 2024
Sales: 1
Avg $ Per SqFt: $115.63
Min Sale Price: $185,000
Max Sale Price: $185,000
Med Sale Price: $185,000
Sourced by Back At You
Jan 2025
Sales:
8
Avg $ Per SqFt:
$81.12
Min Sale Price:
$850
Max Sale Price:
$265,000
Med Sale Price:
$133,000
Dec 2024
Sales:
12
Avg $ Per SqFt:
$99.55
Min Sale Price:
$750
Max Sale Price:
$245,000
Med Sale Price:
$116,000
Nov 2024
Sales:
17
Avg $ Per SqFt:
$132.27
Min Sale Price:
$1,350
Max Sale Price:
$260,000
Med Sale Price:
$195,000
Oct 2024
Sales:
4
Avg $ Per SqFt:
$144.86
Min Sale Price:
$975
Max Sale Price:
$218,225
Med Sale Price:
$166,250
Sep 2024
Sales:
4
Avg $ Per SqFt:
$168.29
Min Sale Price:
$185,000
Max Sale Price:
$239,999
Med Sale Price:
$205,000
Aug 2024
Sales:
5
Avg $ Per SqFt:
$99.8
Min Sale Price:
$1,250
Max Sale Price:
$177,500
Med Sale Price:
$175,000
Jul 2024
Sales:
3
Avg $ Per SqFt:
$148.36
Min Sale Price:
$110,000
Max Sale Price:
$210,000
Med Sale Price:
$200,000
Jun 2024
Sales:
1
Avg $ Per SqFt:
$150
Min Sale Price:
$240,000
Max Sale Price:
$240,000
Med Sale Price:
$240,000
May 2024
Sales:
1
Avg $ Per SqFt:
$167.84
Min Sale Price:
$190,000
Max Sale Price:
$190,000
Med Sale Price:
$190,000
Feb 2024
Sales:
1
Avg $ Per SqFt:
$115.63
Min Sale Price:
$185,000
Max Sale Price:
$185,000
Med Sale Price:
$185,000
MLS Number: PAPH2390714
Dina J. Dashiell
XL Realty Group – (757) 627-4663
MLS Internet Data Exchange (IDX) information 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, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS.