700 S 2Nd Street Philadelphia, PA $ 1,250,000
700 S 2Nd Street
$ 1,250,000
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700 S 2Nd Street

Philadelphia, PA, 19147
$ 1,250,000
Bedrooms7 Baths0.0

Monthly Estimate*

$ 8,308

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Multi-Family Home for sale in Philadelphia, PA

for $1,250,000 with 7 bedrooms. This home was built in 1986 on a lot size of 0.05.

Welcome to 700 S 2nd St, this expansive corner property runs almost a full city block, and offers 4 sources of rental income. Located on a highly desirable Queen Village street, this impressive building has been beautifully maintained and upgraded since 1970. The main floor unit offers plenty of natural sunlight and has one bedroom on the main level, with the possibility of another bedroom in the finished basement. The basement also offers additional living space and a full bathroom with tub. In the main building there are two additional two bedroom rental units, one which is currently rented out and the other vacant and ready for new tenants. There is an addition on the property which houses another two bedroom rental unit which is currently rented out by a long term tenant. Connected to the addition there is a bonus space currently shared by the tenants and offers added storage space. This property offers substantial value to an investor or owner occupant with the potential of four sources of monthly income. **Property can also be purchased as a package with 619 S 2nd Street MLS# PAPH2336758**

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 9,301

Style

Straight Thru

Lot Size

0.05

Year Built

1986

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2336690

Features
Interior
Heating Fuel Natural Gas
Basement Full Fully Finished Improved Space For Rooms Walkout Stairs
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Baseboard - Electric Forced Air
Cooling Central A/C
Possession Negotiable
Zoning RM1
Architectural Style Straight Thru
Construction Materials Masonry
Exclusions tenants personal property
Year Built 1986
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Accessibility Level Entry - Main No Stairs
County PHILADELPHIA
Insurance Expense 4600.00
New Construction N
Property Type Multi-Family
Subdivision Name QUEEN VILLAGE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions At the corner of 2nd & Bainbridge st.
City PHILADELPHIA
Buyer Agent Compensation 2.5
NumberOfUnitsTotal 4
MLS Area 19147 (19147)
Lot Size Units Square Feet
Lot Size Square Feet 2304.00
Waterfront Y/N N
Number of Units Leased 2
Street Name 2ND
Tax Annual Amount 9301.0
Home Warranty Y/N N
Property Condition Excellent
Two Bedroom 3
Structure Type End of Row/Townhouse
Price Per Sq Ft Total 299.33
Acceptable Financing Negotiable
Historic Y/N Y
Vacation Rental Y/N N
Days on Market 69
Standard Status Active
Year Built Source Assessor
Tax Lot 120
Buyer Agent Compensation Type % Of Gross
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Exterior
Pool No Pool
Water Source Public
Inclusions any appliances currently at the property with no monetary value.
Type of Parking On Street
Foundation Details Block
Water View Y/N N
Lot Dimensions 18.00 x 128.00
Lot Size Acres 0.05
Lot Size Source Assessor
Land Assessed Value 132900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 700
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* Excluded Features
List By
Bhhs Fox & Roach-Center City Walnut

Broker

liz.laporta@foxroach.com

Email

Affordability Calculator

$9,083
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,308
Monthly Property Taxes
$775
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4488946 Elementary School
4488947 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$1,250,000 -7.41% Price Down
3/29/2024$1,350,000 Listed Price

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700 S 2Nd Street, Philadelphia, PA, 19147 is a Multi-Family Home for sale at $1,250,000 with a lot size of 0.05. 700 S 2Nd Street has 7 bedrooms, 0.0 baths, and was built in 1986. The property's zip code is 19147 which is in Philadelphia, PA