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sales rep | Brivity IDX

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2328 Nicholas St , Philadelphia, PA 19121
$310,000
Est. Payment: $1,674.67/mo
4 Bed
1314 Sqft
0.02 Acres
Status: active | Days on site: 74
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House 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!

Highlights

Listed by Cree McGee , 3024837912 Prime Realty Partners , 2157709496. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.02

Year Built

1925

County

Philadelphia

Area

19121 (19121)

School District

Philadelphia City

Listing ID

PAPH2662054

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:1314
Basement:Poured Concrete,Unfinished
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:15.00 x 51.00
Zoning:RM1
Others:
  • ▪ Additional:Very Good
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,675
Taxes
$110

Home Price

$310,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$62,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,674.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,674.67 $109.75 $0.00 $1,784.42
Yearly $20,096.08 $1,317.00 $0.00 $21,413.08
Total $602,882.52 $39,510.00 $0.00 $642,392.52
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

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