Price Reduction - New Construction
Listed By:
Compass Pennsylvania, LLC
1733 N 2Nd Street, Philadelphia, PA
$ 4,500,000
Property Attributes
  • MLS#PAPH2293174
  • TypeMulti-Family
  • CityPhiladelphia
  • Area19122
  • NeighborhoodOlde Kensington
  • Zip19122
  • Style
  • Year Built2023
  • Taxes$ 1175
  • Price$ 4,500,000
  • Bedrooms18
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2,614 SqFt
Data Source:
Bright MLS
Property Description

Located in the Keystone Opportunity Zone! 13 Unit, new construction building in the heart of the Olde Kensington neighborhood of Philadelphia. Just minutes to Fishtown and only 2 blocks from the Berks subway station. This 14,000 sq. ft. building is comprised of 4 floors above grade plus a basement of about an additional 3500 sq. ft. Unit breakdowns are as follows: 6 total one bedroom/ 1 bathroom apartments, 6 total 2 bedroom /2 full bathroom apartments, and a large 3500 sq. ft. corner commercial space with oversized garage parking. One-bedroom apartments range in sq. footage from 506-547 sq. ft. and the two-bedroom apartments range from 644-987 sq. ft. All units have central air and heat, wood flooring, washer and dryer, white quartz countertops, and stainless steel appliances. One bedroom projected rents to be between $1400-1500/ month and two bedrooms projected rents $1800-$2000 per month. Projected gross annual rent of over $240k per year. Fiberglass roof deck to be finished and furnished. The basement is to be finished as an amenity space. Please contact the agent for floor plans, tours, and finish options. The seller is motivated, please contact us with serious inquiries.

Price History
10/31/2023 Listed $4,999,999
11/22/2023 10% - $4,500,000

General Features

Accessibility None
Architectural Style Other
Construction Completed Y/N Yes
Construction Materials Masonry
Cool Fuel Electric
Cooling Central A/C
Days on Market 37
Garage Spaces 1.00
Garage Y/N Yes
Heating Forced Air
Interior Features Elevator
Lot Size Square Feet 2750.00
MLS Area 19122 (19122)
New Construction Yes
One Bedroom Units Count 6
Other Structures Above Grade, Below Grade
Percent Ownership Fee Simple
Pool Y/N No Pool
Possession 61-90 Days CD
Price Per Sq Ft 10714.29
Property Condition Excellent
Property SubType Other
Property Type Multi-Family
Roof Fiberglass
School District 300200397108
Sewer Public Sewer
Structure Type Interior Row/Townhouse
Subdivision Name OLDE KENSINGTON
Tax Annual Amount 1175.0
Tax Lot 46
Tax Year 2023
Total Units 4
Two Bedroom 6
Vacation Rental Y/N No
Water Access Y/N No
Waterfront Y/N No
Year Built 2023
Zoning ICMX

Interior Features

Basement Fully Finished
Central Air Y/N Yes
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric

Exterior Features

Living Area 420
# Of Attached Garage Spaces 1
Foundation Details Other
Garage Features Other
Lot Dimensions 98.00 x 23.00
Lot Size Acres 0.06
Lot Size Source Assessor
Navigable Water Y/N No
Total Parking Spaces 1
Type of Parking Attached Garage
Water Oriented Y/N No
Water Source Public
Water View Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19122

AVG $810K
AVG $3,314
AVG 139
Data Provided by Inside Real Estate®
Year Built
AVG 1983

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