Listed By:
EMORY HILL REAL ESTATE SERVICES INC.
Address
2323 N 2Nd Street, Philadelphia, PA
Price
$ 625,000
Property Attributes
  • MLS#PAPH2245700
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19133
  • NeighborhoodNorris Square
  • Zip19133
  • StyleStraight Thru
  • Year Built1914
  • Taxes$ 2098
  • Price$ 625,000
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.03 Acres
Data Source:
Bright MLS
Property Description

This triplex is available as part of a portfolio or may be purchased individually. The portfolio is comprised of 15 units over 4 locations. Two duplexes, a triplex, and an eight unit building with a single car garage. All properties are located in Philadelphia neighborhoods of Sharswood and Olde Kensington. Per bestplaces.net, the 19133 (Old Kensington) zip code has enjoyed 17.3% home appreciation in the last 10 years. It also has a robust market for renters making up 45.3% of the population. Home appreciation in the 19121 zip code (Sharswood) has been 19.8% over the last 10 years . Renters make up 49.8% of the population. All of these properties have undergone full gut renovations and were stripped down to the studs. Many of the layouts were reconfigured. Each property was then rebuilt with new electric, plumbing, hvac, roofing, windows, curb traps where necessary, appliances, kitchens, bathrooms, etc... Each property has a 10 year tax abatement secured. All properties will be sold "as is, where is with all faults and defects" Please take a look at the attached brochure for more details. Additionally available properties are a duplex at 2118 W Master st Philadelphia PA 19121, a duplex at 2527 N Front st Philadelphia PA 19133, 8 units + Garage at 2626-2630 Ridge Ave Philadelphia PA 19121. Portfolio Price $3.65mm Also available is 1937 N Marshall st. A 9 Unit shovel ready ground up construction project.

Price History
6/10/2023 Listed $750,000
6/26/2023 4% - $725,000
7/11/2023 1% - $720,000
8/5/2023 3% - $700,000
9/27/2023 1% - $695,000
10/2/2023 2% - $685,000
10/19/2023 1% - $680,000
12/2/2023 1% - $675,000
12/14/2023 2% - $665,000
3/5/2024 7% - $625,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Immediate
Appliances Stove,Microwave,Refrigerator,Dishwasher,Washer,Dryer
Zoning N/A
Pool Y/N No Pool
Patio/Porch Features Patio(s)
Architectural Style Straight Thru
Construction Materials Masonry
Exclusions Tenants personal property
Year Built 1914
Property SubType Triplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
OwnerPays Water,Taxes - Real Estate,Insurance
Accessibility Other
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Subdivision Name NORRIS SQUARE
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Transportation Metro/Subway Station less than 1 mile
Status ACTIVE
Directions On 2nd st between W Dauphin and W York
ModificationTimestamp 2024-04-02T15:09:58
City PHILADELPHIA
Buyer Agent Compensation 2.5
Disclosures Agent has Financial Interest,Owner RE Licensee
Total Units 3
MLS Area 19133 (19133)
Lot Size Square Feet 1202.00
Tax Assessed Value 149900.0
Waterfront Y/N No
Number of Units Leased 3
Street Name 2ND
Tax Annual Amount 2098.0
Two Bedroom 2
Structure Type Interior Row/Townhouse
One Bedroom Units Count 1
Other Units Unit 1,Unit 2
Price Per Sq Ft 291.78
Vacation Rental Y/N No
Total SQFT 2142
Days on Market 326
Standard Status Active
Year Built Source Estimated
Total Actual Rent 55500.00
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Basement Unfinished
Hot Water Electric
Basement (Y/N) Yes
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes
LivingAreaSource Estimated

Exterior Features

Water Source Public
Type of Parking On Street
Foundation Details Stone
Water View Y/N No
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19133

Price
AVG $470K
$630K
Taxes
AVG $1,524
$2,098
Visits
AVG 248
712
Data Provided by Inside Real Estate®
Year Built
AVG 1950
1914
Walkscore
AVG 82
84
Data Provided by Walkscore® not using MLS data

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