1901 N 2nd St, Philadelphia, PA 19122
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
1901 N 2nd St,Philadelphia, PA 19122
$790,000
- 6 Beds
- - Baths
- 2,989 sq. ft.
- Multi-family
- Active
Listed by: monazel abdulelah
Office: keller williams real estate tri-county
MLS#:PAPH2658998
Source:BRIGHTMLS
Price summary
- Price:$790,000
- Price per sq. ft.:$264.3
About this home
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 opportunity—live 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....
Contact an agent
Home facts
- Year built:1920
- Listing ID #:PAPH2658998
- Added:46 day(s) ago
- Updated:September 29, 2026 at 01:40 PM
Rooms and interior
- Bedrooms:6
- Basement:Yes
- Basement Description:Front Entrance, Full
- Living area:2,989 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Rubber
- Year built:1920
- Building area:2,989 sq. ft.
- Lot area:0.03 Acres
- Lot Features:Corner
- Architectural Style:Straight Thru
- Construction Materials:Masonry
- Exterior Features:Balconies- Multiple, Bump-outs, Deck(s), Exterior Lighting, Roof, Sidewalks
- Foundation Description:Brick/Mortar, Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$790,000
- Price per sq. ft.:$264.3
- Tax amount:$3,479 (2025)
Features and amenities
- Amenities:Carbon Monoxide Detector(s), Smoke Detector, Sprinkler System - Indoor
Parking
- Parking description:On Street, Public
New listings near 1901 N 2nd St
- Coming Soon
$275,000Coming Soon3 beds 3 baths1,716 sq. ft.5612 Larchwood Ave, PHILADELPHIA, PA 19143
MLS# PAPH2675296Listed by: KELLER WILLIAMS REAL ESTATE-BLUE BELL - Coming Soon
$300,000Coming Soon2 beds 2 baths1,504 sq. ft.9021 Ayrdale Cres, PHILADELPHIA, PA 19128
MLS# PAPH2675080Listed by: RE/MAX CENTRAL - BLUE BELL - Coming Soon
$259,900Coming Soon3 beds 1 baths1,288 sq. ft.Address Withheld By Seller, PHILADELPHIA, PA 19151
MLS# PAPH2675232Listed by: BHHS FOX&ROACH-NEWTOWN SQUARE - Coming Soon
$539,900Coming Soon4 beds 3 baths1,930 sq. ft.7818 Farnsworth St, PHILADELPHIA, PA 19152
MLS# PAPH2674846Listed by: RE/MAX REALTY SERVICES-BENSALEM - Coming Soon
$199,900Coming Soon2 beds 1 baths1,000 sq. ft.1843 N 6th St #j, PHILADELPHIA, PA 19122
MLS# PAPH2674542Listed by: KW EMPOWER - Coming SoonOpen Sat, 1 to 3pm
$399,000Coming Soon3 beds 2 baths1,356 sq. ft.7115 Valley Ave, PHILADELPHIA, PA 19128
MLS# PAPH2674924Listed by: EXP REALTY, LLC - Coming Soon
$209,900Coming Soon3 beds 2 baths1,524 sq. ft.6015 Race St, PHILADELPHIA, PA 19139
MLS# PAPH2675178Listed by: COLDWELL BANKER HEARTHSIDE REALTORS - Coming SoonOpen Sat, 11:30am to 1:30pm
$725,000Coming Soon3 beds 3 baths1,586 sq. ft.929 S 18th St, PHILADELPHIA, PA 19146
MLS# PAPH2613974Listed by: COMPASS PENNSYLVANIA, LLC - Coming Soon
$1,189,000Coming Soon4 beds 4 baths2,577 sq. ft.1001 W Allens Ln, PHILADELPHIA, PA 19119
MLS# PAPH2671714Listed by: REALTY ONE GROUP FOCUS - Coming SoonOpen Sat, 11am to 1pm
$699,000Coming Soon6 beds 3 baths2,550 sq. ft.6822 Lawnton St, PHILADELPHIA, PA 19128
MLS# PAPH2673382Listed by: OCF REALTY LLC - PHILADELPHIA