#PAPH2386236, Jack McCarthy, Listing Office: Weichert Realtors
1614 N 2nd St Philadelphia, PA 19122
Property details
About 1614 N 2nd St
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!
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2455984
- MLS Name: BRIGHT
- Office Name: Tesla Realty Group, LLC
- Office Phone: (844) 837-5274
- Office Email: info@teslarealtygroup.com
- Listing Agent: Steve Burke Jr.
- Agent Phone: (267) 471-0443
- Agent Email: getpaidwithsteve@gmail.com
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Last updated on: 3/14/2025, 12:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$899,999
1614 N 2nd St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 15, 2016 | Home Sold | $275,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $625,100 | $8,750 |
2022 | $625,100 | $6,649 |
2021 | $- | $6,390 |
2020 | $484,000 | $6,775 |
2019 | $575,000 | $8,048 |
2018 | $138,800 | $1,942 |
2017 | $138,800 | $1,942 |
History based on county public records data.
Nearby schools
6
John Moffet Elementary School
Public District KG-5
0.1 mi
•127 W Oxford St
7
Horatio B. Hackett School
Public District KG-5
0.7 mi
•2161 E York St
1
Isaac A. Sheppard Elementary School
Public District KG-4
1.3 mi
•120 W Cambria St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,216. The most common annual income of people living in Philadelphia, PA is less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 1614 N 2nd St in Philadelphia, PA and zip code 19122 in the Olde Kensington neighborhood. This 2,838 square foot home, which was built in 1915, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 11, 2025 and is currently priced at $899,999.
Over 154 listings were sold over their listed price in February 2025 in Philadelphia, PA. In the same period over 396 listings were sold below the listed price and 166 listings were sold for the listed price. In February 2025 in Philadelphia, PA there were 10.7% more homes for sale than in January. In February 2025, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $268,469.