Active under contract Duplex MLS# PAPH2663358

2050 REED ST

PHILADELPHIA, PA 19146

$325,000

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About 2050 REED ST

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

Property details

Property

Type
Duplex
MLS type
Duplex
Status
Active under contract
Year built
1923
Living area
1,508 sqft
Price / sqft
$216
Lot
0.02
Original price
$325,000
MLS #
PAPH2663358

Interior

Features
true, Central, Forced Air, Natural Gas, Full, Interior access, Unfinished, Vinyl, Built-In Microwave, Oven - Single, Refrigerator, Stainless Steel Appliances
Appliances
Built-In Microwave, Oven - Single, Refrigerator, Stainless Steel Appliances
Flooring
Vinyl
Heating
true, Central, Forced Air

Exterior & lot

Features
Contemporary, Above Grade, Below Grade
Construction
Masonry, Permanent, Flat
Roof
Flat
Foundation
Permanent
Lot
RSA5, 363007300

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Sewer, Public, 100 amp service
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN
Annual tax
$5,018
Tax year
2025
Parcel
363007300

Location

Subdivision
POINT BREEZE
Area
19146 (19146)
County
PHILADELPHIA-PA
Neighborhood
Point Breeze
Community
PHILADELPHIA-PA, BRIGHT_MAIN, PHILADELPHIA CITY
Directions
20TH STREET TO LEFT ON REED STREET, PROPERTY TOWARDS END OF BLOCK ON LEFT.

Location

Neighborhood
Point Breeze
Subdivision
POINT BREEZE
School district
Philadelphia City School District

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Listed by Jaimee A. Cohen, RE/MAX Prime Real Estate

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.