2316 N Myrtlewood St, Philadelphia, PA 19132

Save roughly $178 a month in your first year of ownership. Welcome to 2316 N Myrtlewood Street - an updated two-story rowhome in the heart of Philadelphia's Strawberry Mansion, now offered at $148,000 with a seller-paid 2/1 rate buydown available with an acceptable offer. Offering 840 square feet of finished living space, this home blends classic charm with thoughtful modern updates - and the sellers are putting money back in your pocket from day one. Step inside to a bright and inviting living room where fresh paint and radiant floor heating deliver even, energy-efficient warmth without the noise or drafts of forced-air systems. Beyond the staircase, a flexible dining area connects to a convenient first-floor hall bathroom with stylish tile flooring, as well as a smartly placed laundry nook with room for a stackable washer and dryer. At the back of the home, the renovated kitchen shines with sleek tile floors, granite countertops, a tile backsplash, and stainless-steel appliances. Upstairs, two spacious 13' by 11' bedrooms each feature ceiling fans and plush carpeting. The front bedroom includes a full closet, while the rear bedroom offers access to a versatile bonus room - perfect as a walk-in closet, office, or cozy retreat. The second floor is served by its own radiant heat zone for added comfort. Additional highlights include a private fenced rear yard for outdoor enjoyment and a basement providing extra storage space. Situated on a quiet one-block stretch of North Myrtlewood, this home benefits from limited traffic yet remains conveniently close to transit and Center City. It's also just around the corner from a shopping center with a supermarket. Less than half a mile away, Fairmount Park offers ball fields, tennis and basketball courts, playgrounds including Smith Memorial Playground, a driving range, disc golf, and the Discovery Center at East Park Reservoir. Thinking about buying for the first time? This home may be an excellent candidate for assistance through the Pennsylvania Housing Finance Agency (PHFA). PHFA offers 30-year fixed-rate loans with competitive rates and fewer fees than conventional financing, and qualified buyers may be eligible for down payment and closing cost assistance programs - including options that provide up to 5-8% of the purchase price with no monthly repayment required. Eligibility requirements apply. With comparable two-bedroom rentals in the area going for $1,100–$1,600/month, owning here could mean building equity at a similar - or lower - monthly cost. The seller-paid 2/1 rate buydown means your interest rate would be reduced by 2% in Year 1 and 1% in Year 2 before returning to your approved rate in Year 3 - giving you meaningful savings while you get settled. Based on a 6.7% base rate and a 3.5% FHA down payment, estimated principal and interest payments are approximately $739/month in Year 1 and $826/month in Year 2, before returning to approximately $917 in Year 3 and beyond. Consult with your lender for figures based on your specific situation, loan type, and qualification. Buydown available with an otherwise acceptable offer. With bright interiors, modern finishes, and a prime location, this Strawberry Mansion residence is ready to welcome its next owner - don't miss that opportunity.