New Construction
Listed By:
Compass Pennsylvania, LLC
1733 N 2Nd Street, Philadelphia, PA
$ 4,500,000
Property Attributes
  • MLS#PAPH2293174
  • TypeMulti-Family
  • CityPhiladelphia
  • Area19122
  • NeighborhoodOlde Kensington
  • Zip19122
  • Style
  • Year Built2023
  • Taxes$ 1175
  • Price$ 4,500,000
  • Bedrooms18
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2,614 SqFt
Data Source:
Bright MLS
Property Description

Located in the Keystone Opportunity Zone! 13 Unit, new construction building in the heart of the Olde Kensington neighborhood of Philadelphia. Just minutes to Fishtown and only 2 blocks from the Berks subway station. This 14,000 sq. ft. building is comprised of 4 floors above grade plus a basement of about an additional 3500 sq. ft. Unit breakdowns are as follows: 6 total one bedroom/ 1 bathroom apartments, 6 total 2 bedroom /2 full bathroom apartments, and a large 3500 sq. ft. corner commercial space with oversized garage parking. One-bedroom apartments range in sq. footage from 506-547 sq. ft. and the two-bedroom apartments range from 644-987 sq. ft. All units have central air and heat, wood flooring, washer and dryer, white quartz countertops, and stainless steel appliances. One bedroom projected rents to be between $1400-1500/ month and two bedrooms projected rents $1800-$2000 per month. Projected gross annual rent of over $240k per year. Fiberglass roof deck to be finished and furnished. The basement is to be finished as an amenity space. Please contact the agent for floor plans, tours, and finish options. The seller is motivated, please contact us with serious inquiries.

Price History
10/31/2023 Listed $4,999,999
11/22/2023 10% - $4,500,000

General Features

Interior Features Elevator
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession 61-90 Days CD
Roof Fiberglass
Zoning ICMX
Garage Spaces 1.00
Pool Y/N No Pool
Architectural Style Other
Construction Materials Masonry
Year Built 2023
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
New Construction Yes
Property Type Multi-Family
Subdivision Name OLDE KENSINGTON
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Total Units 4
MLS Area 19122 (19122)
Lot Size Square Feet 2750.00
Waterfront Y/N No
Tax Annual Amount 1175.0
Property Condition Excellent
Two Bedroom 6
Structure Type Interior Row/Townhouse
One Bedroom Units Count 6
Price Per Sq Ft 10714.29
Construction Completed Y/N Yes
Vacation Rental Y/N No
Days on Market 87
Tax Lot 46
School District 300200397108

Interior Features

Heating Fuel Electric
Basement Fully Finished
Hot Water Electric
Heating Y/N Yes
Central Air Y/N Yes

Exterior Features

Water Source Public
Total Parking Spaces 1
Garage Features Other
Type of Parking Attached Garage
Foundation Details Other
Water View Y/N No
Lot Dimensions 98.00 x 23.00
Lot Size Acres 0.06
Lot Size Source Assessor
Navigable Water Y/N No
Water Oriented Y/N No
# of Attached Garage Spaces 1


  • 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 19122

AVG $920K
AVG $3,434
AVG 201
Data Provided by Inside Real Estate®
Year Built
AVG 1976

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