Investments Sales Management

Contemporary

2122 N 2ND STREET

PHILADELPHIA, PA 19122

MLS#: PAPH2652750

$650,000

Status: Active
Listing number: PAPH2652750
Listing provided by: Realty Mark Associates
Listing agent phone: None
Last update: 7 days ago
On site: 20 days ago
Browse Properties
KENSINGTON - Residential Income

Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

2020

Sq.Footage

3,400

2122 N 2nd St — Norris Square Duplex, Built 2020 | Assumable 2.75% Financing Turnkey brick duplex in the heart of Norris Square, two minutes from the park and a short walk to Girard Ave and Fishtown's bars, restaurants, and coffee shops. Assumable FHA financing at 2.75%. Qualified buyers may assume the existing loan, subject to lender approval — a rare opportunity with today's rates near 6.6%. Ask for details on qualification and terms. Built new in 2020, the building offers 2,800 square feet across two well-laid-out units. Unit 1 spans two levels plus a fully finished basement — 3 bedrooms, 3 full baths, and a private backyard. Currently tenant-occupied and delivering vacant September 1, making it move-in ready for an owner-occupant. Unit 2 occupies floors three and four: 2 bedrooms, 2 full baths, and a half bath, with private rooftop access. Currently rented month-to-month, so it conveys with income in place — or with flexibility if a buyer wants to reset the rent or use the space. Both kitchens feature stainless steel appliances with high-end finishes throughout. Efficient 90% forced-air heating with central A/C and electric heat pump backup, sump pump, and lever-handle doors. No HOA. On-street parking. CMX2 zoning. Live in one, rent the other, and inherit a rate that's essentially impossible to replicate today.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2800.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.02

  • Lot Size(square feet)

    980

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Contemporary

Price

  • Sales Price

    $650,000

  • Tax Amount

    $249

  • Financing Options

    Conventional, FHA, VA, Assumed

  • Sq. Footage

    3,400

  • Price/SqFt

    $191

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    4

  • New Construction

    YES

  • Foundation Details

    Permanent

  • Tax Lot

    23

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Listing Courtesy of Tiffany V Tran , Realty Mark Associates

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Owner, Chief Executive Officer, Portfolio Advisor

Nick Polinchock

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(215) 821-8836

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2122 N 2nd St — Norris Square Duplex, Built 2020 | Assumable 2.75% Financing Turnkey brick duplex in the heart of Norris Square, two minutes from the park and a short walk to Girard Ave and Fishtown's bars, restaurants, and coffee shops. Assumable FHA financing at 2.75%. Qualified buyers may assume the existing loan, subject to lender approval — a rare opportunity with today's rates near 6.6%. Ask for details on qualification and terms. Built new in 2020, the building offers 2,800 square feet across two well-laid-out units. Unit 1 spans two levels plus a fully finished basement — 3 bedrooms, 3 full baths, and a private backyard. Currently tenant-occupied and delivering vacant September 1, making it move-in ready for an owner-occupant. Unit 2 occupies floors three and four: 2 bedrooms, 2 full baths, and a half bath, with private rooftop access. Currently rented month-to-month, so it conveys with income in place — or with flexibility if a buyer wants to reset the rent or use the space. Both kitchens feature stainless steel appliances with high-end finishes throughout. Efficient 90% forced-air heating with central A/C and electric heat pump backup, sump pump, and lever-handle doors. No HOA. On-street parking. CMX2 zoning. Live in one, rent the other, and inherit a rate that's essentially impossible to replicate today.

2122 N 2ND STREET

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