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MLS: #PAPH2630318, Listed By: Juliana Martell, Kurfiss Sotheby's International Realty, Source:Bright MLS

1613 N Philip Street

PHILADELPHIA, PA 19122
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Bed 3

Bed

Bath 0

Bath

SqFt1,620

Sqft

Acres0.02

Acre(Lot)

Opportunity knocks in the heart of Olde Kensington! This legally zoned duplex offers a rare combination of immediate owner-occupancy potential, stable rental income, and an **assumable FHA loan** with an approximate balance of $328,000 at an exceptional 3.5% interest rate. Unit 1 is a spacious bi-level one-bedroom, one-bath unit featuring a renovated kitchen with dishwasher, central air, in-unit washer and dryer, laminate flooring, basement access, and a large private patio perfect for entertaining or relaxing outdoors. This unit is currently vacant, making it ideal for an owner-occupant or an investor seeking to maximize rental income. Unit 2 is a bi-level two-bedroom, one-and-a-half-bath unit with a full kitchen, central air, in-unit washer and dryer, laminate flooring throughout, and a private deck. The unit is currently leased through June 29, 2027, at $1,735 per month to long-term tenants, providing immediate and reliable cash flow. Located in one of Philadelphia's fastest-growing neighborhoods, Olde Kensington offers easy access to the Fishtown, Northern Liberties, and Center City neighborhoods. Residents enjoy a highly walkable lifestyle with neighborhood favorites including ReAnimator Coffee, Human Robot Brewery, Hancock Recreation Center, and the shops, restaurants, and nightlife along Front Street and Frankford Avenue just minutes away. The neighborhood is known for its strong sense of community, excellent transit access, and continued growth and investment. Whether you're looking to house hack, expand your investment portfolio, or take advantage of the attractive assumable financing, this versatile duplex presents a compelling opportunity in a thriving Philadelphia location.

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Detail Ic Property Details

Property Type : Residential Income

Price : $450,000

AD Id : 80079267

MLS Id : PAPH2630318

Beds : 3

Lot Size : 0.02 Acre

Living Area Size : 1,620

Year Built : 1915

County : PHILADELPHIA

Subdivision: Olde Kensington

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Feature Features

  • Bedroom Information

    Total beds: 3

    Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Laminate
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Electric Range, Electric Oven, Electric Water Heater, Dishwasher, Dryer, Refrigerator, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Baseboard Has Cooling: Yes Cooling: Ductless, Electric

  • Building Information

    Year Built: 1915 Building Area Total: 1620 Patio And Porch Features: Deck Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 18.00 x 47.00 Lot Size Acres: 0.02 Lot Size Source: Assessor Lot Size Square Feet: 842

    Property Information

    Subdivision: OLDE KENSINGTON Source Property Type: Residential Income Postal Code Plus 4: 3112 Property SubType: Duplex Property Age: 111

  • Listing Price Information

    Listing Price: $450000

  • Tax Information

    Parcel Number: 183113800 Tax Lot: 201 Tax Year: 2026 Annual Tax: $4193

  • Parking Information

    On Street

  • Location Information

    Direction: 2nd and Oxford WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2006 N Front Street, Philadelphia, PA, 19122 $754,900 4 -- 2,939 2,939 SqFt
2146 N Front Street, Philadelphia, PA, 19122 $799,000 6 -- --
107 TO 115 W Thompson S.., Philadelphia, PA, 19122 $999,999 10 -- 3,308 3,308 SqFt
119 W Susquehanna Avenue, Philadelphia, PA, 19122 $2,250,000 12 -- 4,500 4,500 SqFt
125 W Susquehanna Avenue, Philadelphia, PA, 19122 $899,000 6 -- 3,365 3,365 SqFt
153 W Jefferson Street, Philadelphia, PA, 19122 $1,900,000 3 -- 14,750 14,750 SqFt
1747 Tilghman Street, Philadelphia, PA, 19122 $950,000 4 -- 4,160 4,160 SqFt
1500 N 2nd Street, Philadelphia, PA, 19122 $2,200,000 9 -- --
1628 N 2nd Street, Philadelphia, PA, 19122 $480,000 6 -- 2,825 2,825 SqFt
1904 N 2nd Street, Philadelphia, PA, 19122 $599,000 -- -- 2,592 2,592 SqFt

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ByOwner last updated this listing 06/24/2026 @ 22:41

MLS: PAPH2630318 LISTED BY: Juliana Martell, Kurfiss Sotheby's International Realty 215-735-2225 SOURCE: Bright MLS

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