2 months on rocket

1614 S 2nd St, Philadelphia, PA, 19148

$680,000

Home List Price

$8,075*

Closing Credit

0 Baths
2,004 SqFt
$339/SqFt
Multi

Location

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1614 S 2nd St, Philadelphia$680,000

Buyer Closing Credits

$8,075*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingNone
Year Built1921
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #PAPH2408880
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 1614 S 2nd St

Discover this meticulously maintained and updated triplex, perfectly situated in the highly desirable Pennsport neighborhood. This property boasts an excellent rental history with great tenants and a low vacancy rate, thanks to its prime location and easy-to-lease units. The property features a no smoking and no pets policy, making maintenance straightforward for future landlords. Each unit has been thoughtfully updated with modern kitchens and bathrooms, ensuring a high standard of living that appeals to quality tenants. In-unit laundry is available in every unit, adding convenience that renters appreciate. The third-floor unit offers a private deck with stunning city views, providing a unique amenity that makes it highly desirable. Beautiful hardwood and tile floors run throughout all units, offering both durability and style. This is a solid investment opportunity in a sought-after neighborhood, offering immediate cash flow potential and long-term value. Don’t miss the chance to own a property with easy upkeep and strong rental demand in Pennsport!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1921
  • Living Area: 2,004 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Liz A Lutz

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: See GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $680,000
  • Price Per SqFt: $339/SqFt

Tax Information:

  • Annual Amount: $4,994
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

1614 S 2nd St vs Philadelphia

71 DAYS ON ROCKET

+26 Days

$680,000

+$414.6K More

$339/SqFt

+$138 More

KEY TAKEAWAY

This property is $414.6K more than the Median Sold Price and $138/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2408880

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Liz A Lutz

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 4:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 20, 2013Home Sold
$345,000
May 15, 2009Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,994 -
2019$4,994$356,800
2018$2,718$194,200
2017$2,718$194,200

History based on county public records data.

Payment Calculator

$3,461

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,105

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-878750
6
/10
  • John Moffet Elementary School

  • 127 W Oxford St

  • 0.14 miles

  • Public District Grades KG-5

school-card-donut-878751
7
/10
  • Horatio B. Hackett School

  • 2161 E York St

  • 0.75 miles

  • Public District Grades KG-5

school-card-donut-878752
1
/10
  • Isaac A. Sheppard Elementary School

  • 120 W Cambria St

  • 1.33 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,216. Most Philadelphia, PA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19148›1614 S 2nd St

This home is located at 1614 S 2nd St in Philadelphia, PA and zip code 19148 in the Olde Kensington neighborhood. This 2,004 square foot home, which was built in 1921, sits on a 0.03 acre lot. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $680,000.

Over 219 listings were sold over their listed price in November 2024 in Philadelphia, PA. In the same period over 523 listings were sold below the listed price and 204 listings were sold for the listed price. In November 2024 in Philadelphia, PA there were 1.8% more homes for sale than in October 2024. In November 2024 median list price was $265,372 and the average listing age was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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