Philadelphia, PA 19122,1614 N 2ND ST
Philadelphia, PA 19122,1614 N 2ND ST
Philadelphia, PA 19122,1614 N 2ND ST
Philadelphia, PA 19122,1614 N 2ND ST
Philadelphia, PA 19122,1614 N 2ND ST
Philadelphia, PA 19122,1614 N 2ND ST
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Listed by Steve Burke Jr. • Tesla Realty Group, LLC
Bought with Jordon Hafetz • Elfant Wissahickon Realtors

$899,999

$899,999

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,838 SqFt


SOLD DATE : 05/20/2025

Key Details

Sold Price $899,999

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,838 sqft

Price per Sqft $317

Subdivision Olde Kensington

MLS Listing ID PAPH2455984

Sold Date 05/20/25

Style Other

Abv Grd Liv Area 2,838

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

Source BRIGHT

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

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Bright MLS (BMLS)

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agent
Hakan Karahan

President/Broker of Record | License ID: 9693664

+1(609) 868-6888

498 Kings Hwy North, Hill, NJ, 08034

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