3154 Reach St, Philadelphia, PA 19134
FOR SALE

3154 Reach St
Philadelphia, PA 19134

Upper Kensington
  • 3 Beds
  • 2 Baths
  • 1,064 sqft
  • 3 Beds
  • 2 Baths
  • 1,064 sqft

$120,000

Est. Mortgage $787/mo*
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We estimate this home will sell faster than 90% nearby.

Local Information

map showing home location
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-- mins to
Commute Destination

Description

It is my distinguished honor to present to you Kensington Quarters, located in the Heart of Kensington, close to Fishtown, Norris Square, Olde Kensington, and other subsections of the Riverwards along the Delaware River. Situated at the intersecting sections between Kensington Ave, Lehigh Ave, & E. Allegheny Ave, this 2 unit duplex nestled in between public transportation infrastructure, medical institutions, new construction, and commercial mixed use corridors with a multitude of amenities. Both units are occupied and current on rent payments. The pro-forma and other financial analysis are available for review. The lease agreements are annual leases and we project rental income could be increased. Unit 1 [1st Floor]: 1 Bed | 1 Bath: $800/month | Unit 2 [2nd Floor]: 2 Bed/1 Bath: $800/month CAPITALIZATION RATE: Kensington Quarters has a capitalization rate of 14.75% with current rental income of $1,600 per month. PACKAGE DEAL: This property is to be sold separately or together in a package deal with 626 E. Allegheny Ave., a duplex listed for $169,000 and/or 531 E. Indiana Ave, a 5 Unit B building listed for $340,000. Together, there are 9 units in 3 buildings for sale. DEVELOPMENT: There are major development projects occurring nearby, including commercial mixed use corridor revitalization of Kensington Ave, which has commercial storefronts underneath the Blue Train line. There are also block developments of major projects that range from 15 unit development to 200 unit development nearby. Investors also acquire shells, factories, storage facilities, warehouses, and other industrial hubs that have laid vacant since the Industrial Revolution of Philadelphia and transform these buildings into multi-unit dwellings and apartment complexes. The combination of public transportation infrastructure meets commercial mixed use corridors allow for tenants to access amenities that makes this multi-unit building a highly desirable and easy to rent building. Projects such as the Hagert Block development, Kensington Courts, Allegheny Ave. commercial development, and other major projects will lead the way to a new Kensington. QUALIFIED OPPORTUNITY ZONE: This property is located within a Qualified Opportunity Zone, allowing investor capital gains tax advantages, which will exacerbate development and investments in these areas. Additional features include: - Easy Parking - Close to trolley, bus stops, the thoroughfares, L Blue Train - Multicultural cuisine & food establishment - Close proximity to Fishtown, Norris Square, Olde Kensington, Port Richmond, and other subsections of the Riverwards. Invest in the City of Brotherly Love & Sisterly Affection, from monstrous skyscrapers, to the stadiums, to the Delaware River, & surrounding landscape of the great City of Philadelphia. The property is close to trolley and bus stops, and less than 10 minutes from the Philadelphia International Airport. and close to multi-modal public transportation, 1-95 highway, and highways to New Jersey and other parts of the Tri-State Counties. We thank you for your consideration and we look forward to doing business with you. We will ensure a professional and respectful transaction for all parties and we wish you luck in the search for your new home in the City of Brotherly Love & Sisterly Affection.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$113
Listed
31 days ago

Home Details for 3154 Reach St

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2
Dimensions and Layout
Living Area: 1064 Square Feet
Appliances & Utilities
Appliances: No Hot Water
Heating & Cooling
Heating: Hot Water,Natural GasHas CoolingAir Conditioning: Central A/CHas HeatingHeating Fuel: Hot Water
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Accessibility: None

Exterior Features

Exterior Home Features
Other Structures: Above Grade, Below GradeFoundation: Brick/Mortar
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 31

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential IncomeProperty Subtype: TownhouseStructure Type: Interior Row/TownhouseArchitecture: AirLite
Building
Construction Materials: MasonryNot a New Construction
Property Information
Parcel Number: 331313100

Price & Status

Price
List Price: $120,000Price Per Sqft: $113
Status Change & Dates
Possession Timing: Immediate

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: PhiladelphiaCommunity: Kensington
School Information
Elementary School District: Philadelphia CityJr High / Middle School District: Philadelphia CityHigh School District: Philadelphia City

Agent Information

Listing Agent
Listing ID: PAPH2335144

Lot Information

Lot Area: 708 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive AgencyListing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %Sub Agency Commission: 3Sub Agency Commission Type: %Transaction Broker Commission: 1Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Rental

Owner Pays: Insurance, Taxes - Personal propertyNo Rent Control

Miscellaneous

BasementMls Number: PAPH2335144Municipality: PHILADELPHIA
Last check for updates: about 13 hours ago
Listing courtesy of Minh Nguyen-rivera, (267) 628-8062
KW Empower, (215) 627-3500
Co-Listing Agent: Lousy St Vil, (267) 806-6907
KW Empower, (215) 627-3500
Source: Bright MLS, MLS#PAPH2335144

Price History for 3154 Reach St

DatePriceEventSource
03/27/2024$120,000Listed For SaleBright MLS #PAPH2335144
07/20/2022$45,000Sold
N/A
05/19/2016$3,400Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$281
Assessment$20,100
Home facts updated by county records

Comparable Sales for 3154 Reach St

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Sold Price
Sold Date
Bed
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2066 E Allegheny Ave, Philadelphia, PA
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2,700
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0.25
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$69,000
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960
536 E Westmoreland St, Philadelphia, PA
0.24
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$60,000
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1,503
1851 Hart Ln, Philadelphia, PA
0.44
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$232,000
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3
1,736
948 E Tioga St, Philadelphia, PA
0.41
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1,260
859 E Westmoreland St, Philadelphia, PA
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2,160

Neighborhood Overview

Upper Kensington
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Upper Kensington

  • Hnvelaz
    "Not a good place to live I drive everywhere because there is nothing to do walking distance plus staying in the neighborhood is disgusting "
    1
    Flag
  • Trulia User
    "is a nice neighborhood is like a family they treat people with love. thanks God bless you all show love "
    1
    Flag
  • Trulia User
    "Great transportation, back-and-forth to work and it beautiful home and apartment to live at down there. "
    1
    Flag
  • Trulia User
    "Defined a better place to live a nice neighborhood. I clean the neighborhood a better environment to live."
    4
    Flag
  • Trulia User
    "You can’t even walk your dog out and if peoples do they don’t pick up dog poop they just walk away!!"
    0
    Flag
  • Trulia User
    "I’m not sure of any neighborhood events besides halloween. Kids go trick or treating and they give out candy"
    0
    Flag
  • Trulia User
    "A great growing neighborhood only time will tell ,but it has been growing in value every day. This is the time to buy ASAP ."
    0
    Flag
  • Trulia User
    "nice clean and family friendly septa in both sides .near school and super market in waking distance."
    1
    Flag
  • Trulia User
    "That it’s a good area ppl are nice and it’s very friendly all of my friends and family are down here .I know I get the wrong attention for the drugs but other than that it’s a nice area . For me because anywhere else tin this city it’s worse "
    0
    Flag
  • Trulia User
    "The community events are on Halloween everyone comes out and gets dressed up and just have a good time around family and friends "
    0
    Flag
  • Trulia User
    "No real issues, I walk my dogs safely around here. No dog parks in the area unfortunately. Idk what else …"
    0
    Flag
  • Mroche913
    " Close to the train like a 5 minute walk and bus stop around the corner Live near an avenue and close to pharmacies "
    3
    Flag
  • Shante M. C.
    "Stay home & lock your doors because it’s too much going on outside in this neighborhood, The cops walk by and do completely nothing"
    9
    Flag
  • Nacaria T.
    "No community events. Very bad drug population. There is always needles every where you go. Could be a nice neighborhood but the drugs are taking over "
    5
    Flag
  • Jahaira A.
    "Easy access to everything you need. Grocery store, public trans. Hospitals/Clinics Schools etc. However noise level, crime, drugs & homelessness is way out of control. "
    2
    Flag
  • Deandrejohnson316
    "Heavy drug area dope bags and needles everywhere trash everywhere old furniture and it smells like urine,feces and Trash "
    5
    Flag
  • Nelson.cierra98
    "The neighborhood is accords from a playground. This is great if you have children and you want them to be able to experience outside fun. Having a park axtosss the street has it as a"
    4
    Flag
  • Natalia R.
    "I do not like this area at all the neighborhood is horrible to much drugs and people getting high I hate it "
    3
    Flag
  • Rasheeka H.
    "There no good parks to walk your dog. There’s a lot of dog owner who walk their dogs on the sidewalk and street and dog feces around. Most people of the neighborhood clean up after there animals some don’t. "
    3
    Flag
  • Mloudg5
    "I’ve lived in this neighborhood my whole life and it’s horrible. But some people are friendly and stick together ."
    26
    Flag
  • Pebbles166
    "Most “community” events are held outside the neighborhood. Those who do not have wifi / computers or do not engage in social media , are not informed of any events."
    3
    Flag
  • Luz R.
    "Is scary to live here, specially for kids, lots of robbery and drugs around, some people are friendly but your scared to walk in the area"
    1
    Flag
  • Don B.
    "Kids are best kept inside. It’s more than dangerous outside at night and sometimes with playing outside it’s better to keep a close eye "
    0
    Flag
  • Angel G.
    "I’ve being living in upper Kensington area for the past nine years, all this years I seen this area getting worst and worst "
    1
    Flag
  • Pebbles166
    "Sadly neighborhood continues to decline with the increase of drug users. Neighborhood is littered with paper trash, and a walk in the neighborhood consists of walking between users like you’re in maze."
    27
    Flag
  • Angel G.
    "I’ve been living here for the past 10 years and I never had any problems with no one I like to walk around and never had issues either "
    2
    Flag
  • Miguel9galindo50
    "It’s ok to live in its not too bad if u don’t mind all the drugs around Kensington the neighbors are nice"
    16
    Flag
  • Nopicks88
    "drug infested area. there trying to clean it up but it's taking a long time but it's working just slow"
    2
    Flag
  • Ludis M.
    "Nothing, don’t like this neighborhood at all, looking to leave ASAP. I have live here for the past 17 years and things are not getting better at all, to much violence. "
    15
    Flag
  • Affiliated86
    "Outreach programs and hot kitchens. A lot of church related programs. Boxing gyms that keep kids off the street. "
    2
    Flag
  • Lillian M.
    "I hate it here no but drugs dealer and the buyers hide behind your car yelling 24/7 someone actually got shot at the other end of the block don’t move here!!!"
    2
    Flag
  • Loveelykeey
    "Dog walkers wouldn’t like much around here. It’s very unsanitary to walk your dogs and it’s not safe. "
    2
    Flag
  • Pebbles166
    "Great accessibility of public transportation, BUT you have to stand at bus stops while addicts sleep on the benches provided, as well as walk by them , the addicts, to get to bus Market Frankfort line."
    0
    Flag
  • Tierra B.
    "Pumpkin patch every out door play with the kids recreational centers great schools and also fun in the home with family"
    1
    Flag
  • Lydia R.
    "To many crack heads to many shootings bad area to many cops you can’t sit our side because someone try’s to rob you "
    2
    Flag
  • Queenshakera90
    "Bad neighborhood nothing good can come from living here at all you kind as well live in the suburbs "
    1
    Flag
  • Al Mc Camman
    "I do live here and always have and it is a heartbreaking situation to warch the area decline and be over run with drugs and crime and filth to ever direction this area is not worth the prices people ask any longer and will be at risk of thier lives to live within it be careful very very careful if you choose to come here for life ...Because it may cost you more than money it might cost you your life !"
    35
    Flag
  • Abdullhaqqir
    "nothing its revolting and disrespectful as well as dangerous... needs a neighborhood upgrade in living situation police presence city intervention for homeless and tenants landlords home owner and streets department..."
    14
    Flag
  • Jack Cale
    "Lived in the area 30 years and it is ALL drugs and crime. Police do not live here and have no interest in doing their job. Economy is all based on heroin and crack sales."
    35
    Flag
  • Isaura F.
    "I lived in the neighborhood since I was 7 years old. What I like about it is that I know the people all my life. what I hate is that we can never safe since the crime been going up."
    19
    Flag

LGBTQ Local Legal Protections

Minh Nguyen-rivera, KW Empower
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
3154 Reach St, Philadelphia, PA 19134 is a 3 bedroom, 2 bathroom, 1,064 sqft multi-family built in 1920. 3154 Reach St is located in Upper Kensington, Philadelphia. This property is currently available for sale and was listed by Bright MLS on Mar 26, 2024. The MLS # for this home is MLS# PAPH2335144.