1904 N 2nd St, Philadelphia, PA 19122

Philadelphia
Local realty services provided by:ERA Martin Associates
1904 N 2nd St,Philadelphia, PA 19122
$599,000
  • - Beds
  • - Baths
  • 2,592 sq. ft.
  • Multi-family
  • Active
Listed by: emily nussbaum
Office: compass pennsylvania, llc.
MLS#:PAPH2639684
Source:BRIGHTMLS

Price summary

  • Price:$599,000
  • Price per sq. ft.:$231.1

About this home

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 Philadelphia Bureau of Building Standards. The building had previously been refreshed in 2019, including updated kitchens, bathrooms and flooring. Most recently, 2026 updates include a brand new asphalt...

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Home facts

  • Year built:1925
  • Subdivision & Development:OLDE KENSINGTON
  • Listing ID #:PAPH2639684
  • Added:131 day(s) ago
  • Updated:November 01, 2026 at 02:13 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Poured Concrete
  • Living area:2,592 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Electric, Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1925
  • Building area:2,592 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Permanent

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$231.1
  • Tax amount:$3,002 (2026)

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