1614 N 2nd Street

PHILADELPHIA, PA 19122

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,838 Sqft
  • 1350
    Sqft(Lot)
$899,999

Description

Welcome to this exceptional triplex located in the vibrant neighborhood of olde kensington! this fully renovated property, completed in 2016, boasts beautiful hardwood floors throughout and has been meticulously maintained. with a proven track record of success, it has experienced only one month of vacancy for one unit since renovations were completed, making it a fantastic investment opportunity.

this triplex consists of three well-appointed units, all featuring spacious layouts designed for comfort and convenience:

- **apartment 1:** $2,145/month - a charming 2-bedroom, 1-bathroom unit with an inviting garden area, perfect for outdoor relaxation.
- **apartment 2:** $1,978/month - another delightful 2-bedroom, 1-bathroom unit featuring a private deck, ideal for enjoying morning coffee or evening sunsets.
- **apartment 3:** $1,627/month - this cozy 2-bedroom, 1-bathroom unit also offers a deck, providing additional outdoor space for tenants.

with gross annual rents totaling **$69,000**, this triplex presents a solid income stream. the building benefits from separate gas and electric meters as well as independent hvac systems for each unit, allowing for enhanced tenant satisfaction and reduced operational costs.

situated on a quiet block amidst an impressive array of new construction developments, this property attracts amazing tenants who appreciate the charm of the neighborhood. the outdoor patios provide a wonderful space for tenants to unwind and enjoy the surrounding community.

don’t miss your chance to own this remarkable triplex in a thriving area with strong rental demand. it requires no repairs or updates—simply take over and start enjoying the benefits of this outstanding investment!

for inquiries or to schedule a viewing, please contact us today!

  • Property Type

    Multi-Family

  • Subdivision

    Olde Kensington

  • County

    PHILADELPHIA

  • Style

    Other

  • AD ID

    48911867

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Hot Water
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1915
    • Structure: Interior Row/Townhouse
    • New Construction: No
    • Total Units: 3
    • Built: 1915
    • Construction Material: Masonry
    • Foundation/Basement: Concrete Perimeter,Brick/Mortar
    • Architecture: Other
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Septic

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 1,350
    • Dimensions: 18.00 x 75.00
    • Lot Size (Acres): 0.03
    • Architectural Style: Other
    • Main Square Feet: 1,350

    Property Information

    • SQ ft: 3,738
    • SQ ft (Living Area): 2,838
    • Total Lot SQ ft: 1,350
    • Subdivision: OLDE KENSINGTON
    • Financing: Cash,Conventional,VA,USDA
    • Appx. Lot Dimensions: 18.00 x 75.00
    • Total Acreage: 0.03
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Immediate
    • Days Of Market: 28

  • Tax Information

    • Annual Tax: $8,905
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $636,200

  • Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,VA,USDA

    Homeowners Association Information

    • Direction: 1614 n 2nd st Philadelphia pa 19122

  • School Information

    • School District: PHILADELPHIA CITY

    Utility Information

    • Water Source: Public
    • Sewer: Public Septic
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Direction: 1614 n 2nd st Philadelphia pa 19122
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BuyOwner last updated this listing 05/13/2025 @ 06:07

  • MLS: PAPH2455984
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is recently sold, it has 2,838 sqft, 1,350 sized lot, and 0 parking. are nearby neighborhoods.