2328 NICHOLAS ST, Philadelphia, PA 19121
2328 NICHOLAS ST, Philadelphia, PA 19121
2328 NICHOLAS ST, Philadelphia, PA 19121
27
See all 27 photos
Listed by Cree McGee • Prime Realty Partners
$315,000
Est. payment /mo
Save
1,314 SqFt
New

2328 NICHOLAS ST Philadelphia, PA 19121

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Auto6170 Test

Auto6170 Test

+1(586) 586-5860

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,314 sqft

Price per Sqft $239

MLS Listing ID PAPH2662054

Style Other

Abv Grd Liv Area 1,314

Year Built 1925

Annual Tax Amount $1,317

Tax Year 2026

Lot Size 782 Sqft

Acres 0.02

Lot Dimensions 15.00 x 51.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Investor Opportunity in 19121! Motivated Seller! Welcome to 2328 Nicholas Street, a value add duplex offering immediate cash flow with even greater upside. This well maintained property features two spacious 2 bedroom, 1 bathroom units. The upper unit is occupied by a clean, reliable tenant currently paying $1,750 per month, providing strong rental income from day one and making this an ideal investment for landlords looking to expand their portfolio. The lower unit is also a beautifully renovated 2 bedroom, 1 bathroom apartment with nearly identical finishes, including bright modern lighting, updated cabinetry, new countertops, and newer appliances throughout. The unit is currently vacant due to a plumbing issue affecting the basement. The required repair involves replacing a sewer line in the street, with a necessary permit obtained. Licensed contractor estimates place the repair cost at approximately $7,000 or less, presenting an excellent opportunity for an investor to complete the work quickly and begin generating additional rental income. Once repaired, the property offers multiple exit strategies. Lease the first floor and enjoy a fully occupied income producing duplex, or occupy the vacant unit while collecting rental income from the upstairs tenant to help offset your mortgage. The current tenant has an excellent payment history, maintains the property well, and is exactly the type of long term occupant every landlord hopes to have. Located in the heart of 19121, this property is surrounded by continued development, strong rental demand, and convenient access to Temple University, Brewerytown, Fairmount, Center City, major highways, public transportation, restaurants, shopping, and neighborhood amenities. The area has become increasingly attractive to both investors and owner occupants seeking long term appreciation. This is also an outstanding opportunity for Section 8 investors, as voucher demand remains exceptionally strong in this zip code, making it easier to secure qualified tenants and maintain consistent occupancy. Whether you're an experienced investor looking to add another cash flowing asset to your portfolio or a buyer seeking a house hack opportunity with built in rental income, this duplex offers tremendous value and upside at an attractive price point. Recently appraised at $405,000, the next buyer is gaining INSTANT equity. Opportunities like this do not come around often. Schedule your showing today and see the potential for yourself!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Poured Concrete, Unfinished

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Inclusions All appliances

Fireplace N

Heat Source Electric

Exterior

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Other

Above Ground Finished SqFt 1314

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 291246600

Ownership Fee Simple

SqFt Source 1314

Acceptable Financing Cash, Private

Listing Terms Cash, Private

Financing Cash,Private

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

GET MORE INFORMATION

Auto6170 Test

Auto6170 Test

Agent

+1(586) 586-5860

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of , including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

test

Go tour this home

2328 NICHOLAS ST