2929 NICHOLAS ST, Philadelphia, PA 19121

• 3 beds |
• 2 baths |
• 1,096 sqft

Property Description

Brewerytown Investment • Fully Rehabbed 2018 • Tenant-Occupied, Producing Consistent Income • 4 Years Left on Tax Abatement • Current Taxes Only $791 • 2929 Nicholas Street offers investors a turnkey, income-producing property in the heart of Brewerytown. This 3-bedroom, 1.5-bath porch-front home was completely renovated in 2018-2019 with durable bamboo hardwood flooring, recessed lighting, and a thoughtfully designed open-concept layout. The main level features a spacious living and dining area that flows into a modern kitchen finished with grey shaker cabinetry, white quartz countertops, subway tile backsplash, and stainless steel appliances. Upstairs, you’ll find a bright and comfortable primary bedroom, two additional bedrooms with generous closet space, and a beautifully tiled full bath featuring a sleek rain shower and contemporary vanity. The finished basement adds valuable living flexibility and storage. Step outside to a private, fenced rear patio.  Financial highlights make this property stand out: Listed under market value, tenant-occupied, cash flowing, and includes four years remaining on Philadelphia’s 10-year tax abatement, with current annual taxes of just $791. Investors benefit from strong neighborhood appreciation, easy access to public transit, and consistent rental demand in this rapidly developing area. Located just a short walk to the Girard Avenue corridor for dining and shops, 0.6 miles to Fairmount Park, less than a mile to Temple University Main Campus, approximately 1.2 miles to Temple University Hospital, and under a mile to the Philadelphia Zoo, this property combines solid income performance with a long-term growth outlook.

Listing Status:

Active

Listing Office:

BHHS Fox & Roach-Center City Walnut : 2156276005

Listing Agent:

George E Maynes : 2153173007

MLS ID:

PAPH2553596

Interior

• Appliances: Built-In MicrowaveBuilt-In RangeDishwasherRefrigerator
• Basement: Fully finished
• Flooring: HardwoodCeramic tile
• A/C: Central A/C
• Heating: Forced AirNatural Gas
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Straight Thru

Construction

• Roofing: Flat
• General: Masonry2Stone

Location

• Originating MLS: BRIGHT_MAIN
• School District: THE SCHOOL DISTRICT OF PHILADELPHIA
• County: PHILADELPHIA-PA

Lot

• Zoning: RSA5324033500

Utilities

• Utilities: 200 amp service
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of George E Maynes, BHHS Fox & Roach-Center City Walnut