$10,000 Closing Credit¹
#PAPH2386236, Jack McCarthy, Listing Office: Weichert Realtors
$899,999 List price
1614 N 2nd St Philadelphia, PA 19122
$10,000
Closing credit¹
2,838 sqft
0.03 acres
$317 / sqft
Multi-Family
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
Home typeTriplex
HeatingHot Water
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size2,838 sqft
Lot size0.03 Acres
Year built1915
ParkingOn Street
MLS #PAPH2455984
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
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 10:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$899,999
1614 N 2nd St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
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 majority of Philadelphia, PA residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
48%
<35k
32%
35k-100k
21%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
51%
Single, No Kids
19%
Single, with Kids
13%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
32%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Music Concerts
Where do the neighbors shop?
IKEA
Crate & Barrel
H&M
Where do the neighbors go to eat?
Quiznos
Starbucks
Chipotle
What do the neighbors drive?
Lexus
BMW
Volkswagen
What do the neighbors listen to?
Soft Adult Contemporary
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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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.
In February 2025 more than 154 listings in Philadelphia, PA were sold above the asking price. During the same period more than 166 listings were sold at asking price, while more than 396 were sold below. In February 2025 in Philadelphia, PA there were 10.7% more homes for sale than in January. While the average time on the market in February 2025 was 59 days, the median list price was $268,469.
From Rocket Homes Real Estate and based on county public records data.