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MLS: #PAPH2658998, Listed By: Monazel Abdulelah, Keller Williams Real Estate Tri-County, Source:Bright MLS

1901 N 2nd Street

PHILADELPHIA, PA 19122
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Bed 6

Bed

Bath 0

Bath

SqFt2,989

Sqft

Acres0.03

Acre(Lot)

This is the kind of investment property buyers wait for. Rarely available large corner triplex in highly desirable Norris Square, offering just under 3,000 square feet, exceptional natural light, strong existing income, and multiple ways to create additional value. Thanks to its prominent corner position, oversized windows, and impressive 10+ ft ceilings throughout each floor, the building feels noticeably larger, brighter, and more open than the typical Philadelphia multifamily property. The property consists of three spacious 2-bedroom, 1-bath units, each featuring a modern, updated layout and its own washer and dryer. Units 2 and 3 take it a step further with private balconies accessed through sliding glass doors, giving tenants highly desirable private outdoor space rarely found in c omparable rentals. The first-floor unit features its own private entrance, while the second- and third-floor apartments are accessed through a separate secure entrance, creating excellent separation between units. An additional bonus storage room on the first floor provides even more functionality for an owner or tenants. From an investment standpoint, this property is already positioned as a cash-flow machine. The first-floor unit is occupied by a strong existing tenant paying $1,550 per month, the second-floor unit is rented at $1,850 per month, and the vacant third-floor unit is projected at approximately $2,000 per month, creating potential gross rental income of approximately $5,400 per month / $64,800 annually. The third floor also presents a straightforward value-add opportunity, needing only light TLC to maximize its rental potential and presentation. For investors, this is a compelling opportunity to acquire a stabilized multifamily asset with additional upside. For an owner-occupant, the setup creates an equally attractive house-hacking opportunity—live in one unit while rental income from the others significantly offsets your housing costs. Located in Norris Square, the property sits in one of Philadelphia's most active residential pockets, surrounded by continued redevelopment and conveniently positioned near Fishtown, Kensington, neighborhood restaurants, shopping, public transportation, and major corridors throughout the city. Large corner triplex. Strong existing tenants. Private outdoor space. Nearly 3,000 square feet. Value-add upside. Serious income potential. Whether you're looking to expand your portfolio or live in one unit while the other two help pay the mortgage, this is a rare Norris Square investment opportunity that delivers both cash flow and long-term upside. * More Photos Coming Soon*

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Detail Ic Property Details

Property Type : Residential Income

Price : $800,000

AD Id : 89542591

MLS Id : PAPH2658998

Beds : 6

Lot Size : 0.03 Acre

Living Area Size : 2,989

Year Built : 1920

County : PHILADELPHIA

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Feature Features

  • Bedroom Information

    Total beds: 6

    Room Information

    Has Basement: Yes Basement: Full
  • Roofing Information

    Rubber
  • Interior Features

    Roof: Rubber
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1920 Building Area Total: 2989 Patio And Porch Features: Deck Pool Features: None Private Pool: No View: City, Street
  • Exterior Features

    Exterior Features: Balcony, Lighting

  • Lot Information

    Lot Size Acres: 0.03 Lot Size Source: Estimated Lot Size Square Feet: 1115 Lot Description: Corner Lot

  • Listing Price Information

    Listing Price: $800000

  • Tax Information

    Parcel Number: 871099300 Tax Lot: 144 Tax Year: 2025 Annual Tax: $3479

  • Parking Information

    On Street

  • Location Information

    Direction: GPS WaterSource: Public Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2146 N Front Street, Philadelphia, PA, 19122 $789,000 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
153 W Jefferson Street, Philadelphia, PA, 19122 $1,900,000 3 -- 14,750 14,750 SqFt
1747 Tilghman Street, Philadelphia, PA, 19122 $900,000 4 -- 4,160 4,160 SqFt
1500 N 2nd Street, Philadelphia, PA, 19122 $2,100,000 9 -- --
1904 N 2nd Street, Philadelphia, PA, 19122 $599,000 -- -- 2,592 2,592 SqFt
2122 N 2nd Street, Philadelphia, PA, 19122 $650,000 5 -- 3,400 3,400 SqFt
1613 N Philip Street, Philadelphia, PA, 19122 $450,000 3 -- 1,620 1,620 SqFt
300-302 Cecil B Moore A.., Philadelphia, PA, 19122 $514,900 4 -- 2,250 2,250 SqFt

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 ByOwner 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 closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 08/17/2026 @ 12:26

MLS: PAPH2658998 LISTED BY: Monazel Abdulelah, Keller Williams Real Estate Tri-County 215-464-8800 SOURCE: Bright MLS

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