MLS: #PAPH2639684, Listed By: Emily Nussbaum, Compass Pennsylvania, LLC, Source:Bright MLS
1904 N 2nd Street
PHILADELPHIA, PA 19122
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Bed
0
Bath
2,592Sqft
0.03Acre(Lot)
Excellent opportunity to purchase a mixed-use multi-family property in the heart of rapidly appreciating Olde Kensington. This fully leased, income producing, CMX2.5 building offers three residential units over one commercial space. The property currently generates $4,825/month ($57,900/year), with low operating expenses and exceptionally low annual taxes of just $3,002 (2026). Originally purchased from an owner-occupant with a rental license for one rental unit over retail space, the property has since undergone a significant legal conversion and improvement process. The building was formally and legally converted to three residential units over one retail space to reflect the accurate configuration of the property. The permitting and inspection process was managed through the Philadel
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt Appliances: Gas Water Heater Laundry Features: Common Area, Main Level -
Heating & Cooling
Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1925 Building Area Total: 2592 Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 16x72 Lot Size Acres: 0.03 Lot Size Source: Estimated Lot Size Square Feet: 1307Property Information
Subdivision: OLDE KENSINGTON Source Property Type: Residential Income Zoning Description: 3 Residential over 1 Commercial Property SubType: Quadruplex Property Age: 101
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Listing Price Information
Listing Price: $599000
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Tax Information
Parcel Number: 871099450 Tax Lot: 193 Tax Year: 2026 Annual Tax: $3002
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Parking Information
None
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Location Information
Direction: on 2nd between Berks and Norris Streets WaterSource: Public
How much is this property worth?
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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 | $1,024,999 | 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 |
| 1613 N Philip Street, Philadelphia, PA, 19122 | $450,000 | 3 | -- | 1,620 | 1,620 SqFt |
Similar Multifamily To 1904 N 2nd Street
Nearby For Sale
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ByOwner last updated this listing 06/23/2026 @ 11:42
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