908 N 2ND ST

Sold on 10/22/2016
  • -- Beds
  • -- Baths
  • 2664 sqft
  • Residential Income | Row/Town/Clu
  • Closed
908 N 2ND ST, PHILADELPHIA - 26934218

Property Description for 908 N 2ND ST, 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!!!

  • Property Class: Multi-Family
  • Listing Status: Closed
  • State: PA
  • Zip: 19123
  • Area: Philadelphia – 19123
  • Class: Residential Income
  • Property Subtype: Row/Town/Clu
  • Approx Lot Size: 0.030
  • Baths (F/H): -- / --
  • Living Area (SqFt): 2664 sqft
  • Lot Sq Ft Apx: 2600.00
  • Year Built: 1937
  • Listing#: 6872543
  • School District: Philadelphia
  • Tax Year: 2016
  • Close Date: 1/18/2017
  • List Date: 10/7/2016
  • Last updated on: 6/24/2017

Property Features for 908 N 2ND ST, PHILADELPHIA PA 19123

  • Basement Type: Full, Unfinished
  • Exterior: Brick
  • Property Age: 80
  • Garage Spaces: Nogarage
  • Laundry Type: Common Laundry
  • Sewer Septic: Public Sewer
  • Cooling: Central A/C
  • Entrance: Commonentr
  • Handicap: None
  • Hot Water: Natural Gas
  • Water: Public
  • Design: Quadplex
  • Exterior Features: Sidewalks, Streetlights
  • Heating: Gas, Forced Air
  • Parking: Street

Additional Information for 908 N 2ND ST, PHILADELPHIA PA 19123

  • School District: Philadelphia
  • Annual Gross Income: 52200.00
  • Annual Gross Expense: 10107.00
  • Annual Insurance Expense: 3300.00
  • Basement: True
  • Building Floors: 3.00
  • Central Air: True
  • Improv Assessed Amt: $233,480
  • Inclusion Remarks: Comm W/D In Lobby, 1 Refrig In Each Unit (All In As-Is Condit)
  • Lot Dimensions: 15X82
  • Lot Number: 190
  • New Construction: False
  • Ownership: Fee Simple
  • Total Assessment: 325000.00
  • Water Front: False
  • Beds Unit1: 1
  • Baths Full Unit1: 1
  • Room Unit1: 1
  • Unit1 Lease End: May 31, 2017
  • Unit1 Monthly Rent: 1000.00
  • Beds Unit2: 2
  • Baths Full Unit2: 1
  • Room Unit2: 2
  • Unit2 Lease End: April 14, 2017
  • Unit2 Monthly Rent: 1500.00
  • Beds Unit3: 1
  • Baths Full Unit3: 1
  • Room Unit3: 3
  • Unit3 Lease End: June 30, 2017
  • Unit3 Monthly Rent: 1000.00
  • Total Taxes: $4,549
  • Listing Area: Philadelphia – 19123
  • Subdivision: Northern Liberties
  • Baths Full Unit4: 1
  • One Bedroom Units: 2
  • Listing ID: 6872543
Courtesy of Holly Yablonovitz, BHHS Fox & Roach-Jenkintown
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