1614 N 2nd Street
Philadelphia, PA 19122
- – beds
- – baths
- 2,838 sqft
- 1,350 sqft lot
- $317 per sqft
- 1915 build
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!
Last checked:
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Last updated Mar 12, 2025
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MLS# PAPH2455984 —
The Building
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Year Built:1915
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Year Built Source:Assessor
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Year Major Reno/Remodel:2016
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:3
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Structure Type:Interior Row/Townhouse
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Architectural Style:Other
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Accessibility Features:None
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Foundation Details:Concrete Perimeter, Brick/Mortar
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Total SqFt Source:Estimated
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Total Below Grade SqFt:900
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Total Below Grade SqFt Source:Estimated
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Tax Total Finished SqFt:2838
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3738
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Living Area SqFt:2,838 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, VA, USDA
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Possession:Immediate
Location
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Directions:1614 n 2nd st Philadelphia pa 19122
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Latitude:39.97520000
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Longitude:-75.13857000
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Property Condition:Excellent, Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.03
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Lot Size Source:Assessor
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Lot Size Dimensions:18.00 x 75.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,350 Sqft
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Zoning Description:Rsa5 3 unit rental license
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Zoning:RSA5
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:U50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 471-0443
- Office phone:
- (844) 837-5274
Taxes
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Tax ID Number:183110200
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Tax Year:2024
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Tax Lot:194
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Tax Annual Amount:$8,905
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Tax Assessed Value:$636,200
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Year Assessed:2025
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School Tax:4987.0
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City/Town Tax:3918.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Natural Gas
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Heating:Yes
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Heating Type:Hot Water
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Septic
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Subdivision Name:Olde Kensington
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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Two Bedroom Units:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/11/25
Mar 11, 2025
|
Listed / Active | BRIGHT | $899,999 |
