Last Updated: 2/24/2017 7:57 AM
Description for 908 N 2ND Street Philadelphia, PA 19123
Location, Location, the BEST LOCATION in Northern Liberties, directly across the street from the North Bowl and Standard Tap, this quadraplex with additional potential commercial usage is now available! Currently zoned mixed use, with a crurent Rent Roll of over $52,000 yearly income, this unique building also has the potential to add storefront commercial usage. Currently, there is one two story two bedroom, two one bedrooms and one efficiency. These 4 units have NEVER been without tenants. All units have separate utilities, central AC, and separate Hot Water Heaters. The lobby is currently used as a large entrance way with a coin-operated washer and dryer and bike storage area. This lobby could easily be converted into a street front commercial business, or add to it the hugh basement that spans the entire length of the building to make it a two story commercial endeavor. Owner could live in the 2 bedroom unit which has an upgraded kitchen with Granite counter tops and Stainless Steel appliances, and can very easily pay the mortgage with the remaining rents. Incredible opportunity for the business entrepreneur or the investor to just sit back and collect a fabulous rent roll that is at least 20% undervalued, add or start a commercial business, and watch 908 N. 2nd Street APPRECIATE IN VALUE! A MUST SEE FOR ALL INVESTORS!!!
Gas Water Heater, Public Water Service
Gas Heat, Forced Air
Full, Unfinished Basement
Exterior / Lot Features
Sidewalks, Street Lights
Current market conditions for 908 N 2ND Street
Active Market Trends
Median list price$174,900
Days on market107
Properties for sale4,433
Sold Market Trends
Median sold price$169,900
Sales to list price9,635.0%
Median sq ft price$128
Arrows indicate 90 day trend
Listing Price History for 908 N 2ND Street
Philadelphia Real Estate
Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19123 has a population of 1,525,811.
The median household income in Philadelphia, Pennsylvania 19123 is $37,016. The median household income for the surrounding county is $37,016 compared to the national median of $53,046. The median age of people living in Philadelphia 19123 is 33.5 years.
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