988 N 2nd St, Philadelphia, PA, 19123

988 N 2nd St, Philadelphia, PA, 19123 < >
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for sale
$1,000,000
Lot Size:0.03 Acres
Year Built:1920
Status:Active
MLS #:PAPH2134568
Date Updated:
For information contact:
MGC Real Estate Group
215-928-0221
Get More Information
Go See This Property
INVESTOR SPECIAL !! Check out 988 N 2nd Street in the heart of bustling Northern Liberties- this fabulously rehabbed building has historic character, all modern amenities, and most importantly cash flow. This fully leased triplex is a great investment in one of the hottest areas in Philly. The first floor apartment is an approx. 1100 sqft one-bedroom that is currently rented for $1750/mo and has a great rear yard perfect for entertaining. The second floor apartment is an approx. 1100 sqft charming studio that is currently rented for $1,650/mo. The third floor apartment is an approx. 850 sqft lovely one-bedroom unit currently rented for $1500/mo with an incredible roof deck with skyline views! This property has a lot to offer including common area laundry in the basement. Tenants are easy to find with the easy walkability to restaurants, shopping, public transportation, grocery stores, and so much more! It's located an easy drive to 95 and remember- even though the first floor is currently an awesome one bed apartment, with CMX2 zoning a business could potentially go in there. Per the seller's advice, there are structural modifications and no load bearing walls down the center of the layout on the first floor. Once vacant the first floor, it could likely be converted into a thriving business or restaurant similar to Añejo across the street to service all the new residences being built at the corner of Girard and 2nd Street. The future is wide open! Schedule your tour at 988 N 2nd Street today.
Interior Details
Architectural Style: Unit/FlatBasement Type: Unfinished
Fireplaces Count: 0Foundation Details: Other
Living Area SQFT: 2290

Exterior Details
Lot Size Acres: 0.03Lot Size Dimensions: 15.00 x 78.00
Lot SQFT: 1175.00Navigable Water YN: N

Community Information
County: PHILADELPHIAMLS Area: 19123 (19123)
One Bedroom Units Count: 2Single Room Units Count: 1
Subdivision Name: NORTHERN LIBERTIESZoning: CMX25
Municipality: PHILADELPHIA

School Details
School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Property Information From MLS Data
Accessibility Features: NoneNew Construction YN: N
Property Sub Type: TriplexYear Built: 1920

Utilities
Cooling Type: Central A/C, Ductless/Mini-SplitCooling Fuel: Electric
Heating Type: Hot WaterHot Water: Natural Gas
Sewer Septic: Public SewerWater Source: Public

Listing Information Courtesy of:
List Agent Full Name: Asa Kurland
List Office Phone: 2156076007
List Office Name: Keller Williams Philly

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Monthly Payment for 988 N 2nd St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$1,000,000
Down Payment:
Loan Amount:$800,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Asa Kurland, Keller Williams Philly

Information obtained from Bright MLS is current as of 8/11/2022 4:29 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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