1901 N 2nd St, Philadelphia, PA 19122
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
1901 N 2nd St,Philadelphia, PA 19122
$800,000
- 6 Beds
- - Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: monazel abdulelah
Office: keller williams real estate tri-county
MLS#:PAPH2658998
Source:BRIGHTMLS
Price summary
- Price:$800,000
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. * More Photos Coming Soon*...
Contact an agent
Home facts
- Year built:1920
- Listing ID #:PAPH2658998
- Updated:August 14, 2026 at 10:32 AM
Rooms and interior
- Bedrooms:6
- Basement:Yes
- Basement Description:Front Entrance, Full
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Rubber
- Year built:1920
- 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:$800,000
- 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
- New
$187,000Active3 beds 2 baths977 sq. ft.5917 Addison St, PHILADELPHIA, PA 19143
MLS# PAPH2658526Listed by: IRON VALLEY REAL ESTATE OF BERKS - Coming Soon
$649,900Coming Soon3 beds 2 baths724 Ellsworth St, PHILADELPHIA, PA 19147
MLS# PAPH2659718Listed by: HOUWZER, LLC - New
$242,000Active3 beds 3 baths1,676 sq. ft.3333 N 21st St, PHILADELPHIA, PA 19140
MLS# PAPH2659396Listed by: UNITED REAL ESTATE - New
$85,000Active3 beds 1 baths1,140 sq. ft.812 S Cecil St, PHILADELPHIA, PA 19143
MLS# PAPH2659804Listed by: ANCHOR REALTY NORTHEAST - Coming Soon
$259,900Coming Soon3 beds 2 baths5625 Arbor St, PHILADELPHIA, PA 19120
MLS# PAPH2659806Listed by: HARVEST REALTY GROUP LLC - Open Fri, 3 to 5pmNew
$330,000Active3 beds 1 baths1,046 sq. ft.1705 S Bancroft St, PHILADELPHIA, PA 19145
MLS# PAPH2659222Listed by: OCF REALTY LLC - PHILADELPHIA - Coming Soon
$325,000Coming Soon3 beds 2 baths2673 Collins St, PHILADELPHIA, PA 19125
MLS# PAPH2659726Listed by: BHHS FOX & ROACH-JENKINTOWN - New
$400,000Active3 beds 3 baths1,650 sq. ft.5111 Locust St, PHILADELPHIA, PA 19139
MLS# PAPH2659732Listed by: REALTY ONE GROUP FOCUS - New
$220,000Active2 beds 1 baths910 sq. ft.2734 Haworth St, PHILADELPHIA, PA 19137
MLS# PAPH2659738Listed by: KELLER WILLIAMS REAL ESTATE-LANGHORNE - New
$275,000Active3 beds 2 baths1,326 sq. ft.3305 Princeton Ave, PHILADELPHIA, PA 19149
MLS# PAPH2659802Listed by: BRIGHT HOME REALTY, LLC