1614 N 2ND ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19122
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,838 sqft
Price per Sqft $317
Subdivision Olde Kensington
MLS Listing ID PAPH2455984
Style Other
Abv Grd Liv Area 2,838
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $8,905
Tax Year 2024
Lot Size 1,350 Sqft
Acres 0.03
Lot Dimensions 18.00 x 75.00
Property Sub-Type Interior Row/Townhouse
Property 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!
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter,Brick/Mortar
Sewer Public Septic
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 183110200
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,VA,USDA
Listing Terms Cash,Conventional,VA,USDA
Financing Cash,Conventional,VA,USDA
Special Listing Condition Standard