USAPAPhiladelphiaOlde Kensington1904 N 2Nd St

1904 N 2Nd St, Philadelphia, PA

Name: 1904 N 2Nd St, For Sale in Philadelphia - eXp Realty
Brand: Compass Pennsylvania, LLC
SKU: PAPH2639684
Price: 599000 USD

House

For Sale

Listed price in listed location currency (USD).

$599,000

000

MLS® PAPH2639684

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential Income

Size 2592 sqft

Garage

Taxes $3,002

Days Active 1

Lot Size 0.03 Acres

Approx. Age 1925

Avg. Price Per Sqft $231

MLS® Number PAPH2639684

Property Address: 1904 N 2nd St, PHILADELPHIA, PA, 19122-2309

Average square foot calculated using Size range provided by listing agent.

Description

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 roof, hot water heater, washer/dryer, and 6 new windows. This fully leased property offers a rare combination of income-producing use, updated condition, documented compliance work, and the possibility of long-term upside in one of Philadelphia’s most active growth corridors. Surrounded by continued development, new construction, restaurants, popular retail, and a short walk to public transportation (the Berks Street El stop is only a few blocks east!) - it is an investors dream. With its updated licensing, Certificate of Occupancy, and desirable mixed-use configuration, this is a compelling opportunity for buyers seeking both current cash flow and future appreciation. Buyer is responsible for independently verifying lot size, taxes, zoning, permitted uses, rental licensing, Certificate of Occupancy, and any egress/ingress requirements. Current licensing documents and rent roll available for review upon request by qualified buyers. Photos shown are of unit 1 (the smallest studio layout in building). All residential units have similar level of finishes and are all studios.

MLS® NumberPAPH2639684

Laundry LevelMain

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1925

BasementPoured Concrete

DrivewayNone

Garage Spaces

HeatForced Air, Electric

A/CWindow Unit(s)

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 22, 2026List Date

$599,000List Price

Commute

Commute

Starting Address

Destination Address

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