1901 N 2Nd Street
Philadelphia, PA, 19122
$
800,000
Bedrooms6
Baths0.0
Monthly Estimate*
$
5,051
for $800,000 with 6 bedrooms. This home was built in 1920 on a lot size of 0.03.
This is the kind of investment property buyers wait for.
Rarely available large corner triplex in highly desirable Norris Square, offering just under 3,000 square feet, exceptional natural light, strong existing income, and multiple ways to create additional value. Thanks to its prominent corner position, oversized windows, and impressive 10+ ft ceilings throughout each floor, the building feels noticeably larger, brighter, and more open than the typical Philadelphia multifamily property.
The property consists of three spacious 2-bedroom, 1-bath units, each featuring a modern, updated layout and its own washer and dryer. Units 2 and 3 take it a step further with private balconies accessed through sliding glass doors, giving tenants highly desirable private outdoor space rarely found in comparable rentals.
The first-floor unit features its own private entrance, while the second- and third-floor apartments are accessed through a separate secure entrance, creating excellent separation between units. An additional bonus storage room on the first floor provides even more functionality for an owner or tenants.
From an investment standpoint, this property is already positioned as a cash-flow machine. The first-floor unit is occupied by a strong existing tenant paying $1,550 per month, the second-floor unit is rented at $1,850 per month, and the vacant third-floor unit is projected at approximately $2,000 per month, creating potential gross rental income of approximately $5,400 per month / $64,800 annually. The third floor also presents a straightforward value-add opportunity, needing only light TLC to maximize its rental potential and presentation.
For investors, this is a compelling opportunity to acquire a stabilized multifamily asset with additional upside. For an owner-occupant, the setup creates an equally attractive house-hacking opportunitylive in one unit while rental income from the others significantly offsets your housing costs.
Located in Norris Square, the property sits in one of Philadelphia's most active residential pockets, surrounded by continued redevelopment and conveniently positioned near Fishtown, Kensington, neighborhood restaurants, shopping, public transportation, and major corridors throughout the city.
Large corner triplex. Strong existing tenants. Private outdoor space. Nearly 3,000 square feet. Value-add upside. Serious income potential.
Whether you're looking to expand your portfolio or live in one unit while the other two help pay the mortgage, this is a rare Norris Square investment opportunity that delivers both cash flow and long-term upside. * More Photos Coming Soon*
See more
Features
General
Living Area
2989
Sewer
Public Sewer
Heating
Forced Air
Cooling
Central A/C
Possession
0-30 Days CD
Immediate
Roof
Rubber
Zoning
CMX25
Patio/Porch Features
Roof
Deck(s)
Balconies- Multiple
Architectural Style
Straight Thru
Unit/Flat
Security Features
Carbon Monoxide Detector(s)
Smoke Detector
Sprinkler System - Indoor
Construction Materials
Masonry
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Exclusions
Tenant's Possessions
Year Built
1920
View
City
Street
Property Subtype
Triplex
Tax Year
2025
Ownership
Fee Simple
Cool Fuel
Electric
Municipality
PHILADELPHIA
Accessibility
2+ Access Exits
36 + wide Halls
Entry Slope <1'
Ramp - Main Level
County
PHILADELPHIA
New Construction
N
Property Type
Multi-Family
Garage Y/N
N
Water Access Y/N
N
Other Structures
Above Grade
Below Grade
Status
COMING SOON
Directions
GPS
City
PHILADELPHIA
Number Of Units Total
3
MLS Area
19122 (19122)
Lot Size Units
Square Feet
Lot Size Square Feet
1115.00
Number of Units Leased
2
Tax Annual Amount
3479.0
Two Bedroom
3
Structure Type
End of Row/Townhouse
Price Per Sq Ft Total AG
267.65
Acceptable Financing
Cash
Conventional
FHA
Vacation Rental Y/N
N
Standard Status
Coming Soon
Year Built Source
Estimated
Tax Lot
144
See more
Interior
Heating Fuel
Natural Gas
Basement
Front Entrance
Full
Hot Water
60+ Gallon Tank
Basement (Y/N)
Y
Heating Y/N
Y
Central Air Y/N
Y
See more
Exterior
Exterior Amenities
Sidewalks
Bump-outs
Exterior Lighting
Roof Deck
Pool
No Pool
Parking Features
Public
Lot Features
Corner
Water Source
Public
Type of Parking
On Street
Foundation Details
Brick/Mortar
Concrete Perimeter
Water View Y/N
N
Lot Size Acres
0.03
Lot Size Source
Estimated
Waterfront Y/N
N
Land Assessed Value
146000.00
Navigable Water Y/N
N
Water Oriented Y/N
N
See more
* Excluded Features
List By
Keller Williams Real Estate Tri-County
Broker
Affordability Calculator
- Monthly Principal & Interest
- $5,051
- Monthly Property Taxes
- $290
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Multi-family listings in Philadelphia, PA
Average List Price
$521,700
Percent of Sale Price
35%
About Philadelphia, PA
1,588,239
Population
5%
Since 2002
$
42,223
Median Income
36
Median Age
24%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3533249
Elementary School
3533189
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
8/13/2026
|
$800,000
|
|
Listed Price
|