6232 Reedland St.

Unlock the potential of 6232 Reedland St, nestled in the desirable Elmwood Park neighborhood of Southwest Philadelphia. Boasting RM1 zoning, this property offers versatility as either a spacious single-family residence or a lucrative multi-unit investment. With 3 bedrooms, 1 bath, and 1200 sqft of space, the options are endless.

Take advantage of the robust rental market, with rents reaching up to $1,300 in the area. Whether you choose to keep it as is or capitalize on its multi-family potential, this property promises a rewarding investment opportunity. Single-family comps soar as high as $232,000 after repair, while multi-family comps command up to $282,000 with a finished basement. Seize the chance to shape this property into your vision of success in the thriving Southwest Philly market.

Finished MFH Comps: 

6408 Saybrook Ave, Philadelphia, PA 19142 – $282,000 ( 4 bd | 2 ba | 1,482 sqft) – $190 PPSF 

Finished SFH Comps:

6359 Reedland St, Philadelphia, PA 19142 – $232,000 ( 3 bd | 2 ba | 1,140 sqft) – $204 PPSF

6320 Grays Ave, Philadelphia, PA 19142 – $195,000 (3 bd | 2 ba | 1,278 sqft) – $153 PPSF

6326 Reedland St, Philadelphia, PA 19142 – $178,000 (3 bd | 1 ba | 1,086 sqft)

2510 S Dewey St, Philadelphia, PA 19142 – $165,000 (3 bd | 1 ba | 1,024 sqft) – $161 PPSF

Needs Rehab:

6157 Reedland St, Philadelphia, PA 19142 – $60,000 ( 3 bd | 1 ba | 1,092 sqft) – $55 PPSF