Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    1728.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.02

  • Lot Size(square feet)

    977.0

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Other

Price

  • Sales Price

    $1,300,000

  • Tax Amount

    $4,640

  • Sq. Footage

    1, 728

  • Price/SqFt

    $752

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Brick/Mortar, Other

  • Sewer

    Public Sewer

  • Tax Lot

    426

  • Water Source

    Public

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Listing Courtesy of Moshe Adika , TCS Management, LLC

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"PROPERTY IS SOLD AS A PACKAGE. LIST PRICE REFLECTS SALE OF 1228 S 2ND 1230 S 2ND AND PHILIP ST"

Presenting the opportunity to acquire the fee simple interest in 1228-30 South 2nd Street and 1231 S. Philip Street, a boutique 7-unit multifamily property located in the heart of Pennsport, an attractive and rapidly gentrifying residential neighborhood in South Philadelphia. The Property offers investors an attractive entry point into a strong neighborhood known for low vacancy, strong demographics, and sustained rental demand. 

The Property features a well-balanced mix of (5) two-bedroom/one-bath rental units and (2) one-bedroom/one-bath rental units, with an average monthly in-place rent of $1,551. The layouts cater to a diverse renter base, including young professionals, couples, and small families. In-place rents range from $1,400 to $1,700 for the one-bedroom units and $1,440 to $1,700 for the two-bedroom units, providing measurable room for repositioning or incremental increases through turnover. 

As a turnkey multifamily asset in a quality location, 1228-30 South 2nd Street and 1231 S. Philip Street presents a compelling opportunity for investors seeking rental upside, high tenant demand, and future appreciation driven by a neighborhood that has benefited from Philadelphia’s development boom.

1230 S 2ND STREET

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Rare opportunity to own a sixplex in Logan Square! Nestled in Philadelphia’s popular Logan Square neighborhood, 142 North 21st Street offers an exceptional opportunity for investors and owner-occupants alike. This 6-unit multifamily apartment building boasts a generous 3,143 square feet of living space on a 2,119 square foot lot with four one-bedroom units and two studio apartments. The building captures the architectural integrity that is increasingly rare amidst the city's modern developments, with 8-foot high ceilings and a full basement. The units are spacious and airy with tall bay windows. There is ample room for customization or enhancement in the future. Some apartments feature updated kitchens with gas range ovens, garbage disposals, and modern touches. Other notable elements include exposed brick, ceiling fans, wall unit A/C, and built-ins. The private yard invites outdoor relaxation, while the shared laundry is a convenient option for tenants.
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This building is a great rental investment with a significant potential for value add should the new owner decide to update a few units. There is strong rental demand in the neighborhood. The basement storage lockers/cages are available for all tenants. Yard is included with Apt 1-R. Parking is street-only. Rent Roll available upon request (current rents are lower than market). Tenants pay heat (electric baseboard), gas (stove), and electricity. The owner pays for water, sewer and trash. Separate meters for all apartments.

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Nestled in the heart of Temple University's off-campus living, this meticulously crafted 1 year old  construction multi-family property at 1934 N. 18th Street offers a sophisticated fusion of modern design and upscale living for student housing. Comprising three distinct residences, each a testament to the finest in architectural design and luxury living, this property sets itself apart from the competing inventory. Each unit, meticulously planned, optimizes space to create an environment that is spacious and functional while also providing privacy as needed with large rooms. Unit specifications are as follows: Unit 1 (basement and first floor): 5 beds, 4.5 baths (basement is 2/2.5, first floor is 3/2). Unit 2 (2nd floor):3 beds, 2 bath. and Unit 3 (3rd & 4th floors): 6 beds, 4 baths (each floor has 3 beds, 2 baths). Beyond its allure as a residence, this property offers a compelling investment opportunity with rooms renting between $850 to $950 per month! Basement: 1188 sqft, 1st floor: 1188 sqft, 2nd floor: 1300 sqft, 3rd floor: 1300 sqft, 4th floor: 1300 sqft, roof deck: 1300 sqft. Schedule a private viewing today to witness the epitome of high-end living in this architectural masterpiece.
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"PROPERTY IS SOLD AS A PACKAGE. LIST PRICE REFLECTS SALE OF 1228 S 2ND 1230 S 2ND AND PHILIP ST"

Presenting the opportunity to acquire the fee simple interest in 1228-30 South 2nd Street and 1231 S. Philip Street, a boutique 7-unit multifamily property located in the heart of Pennsport, an attractive and rapidly gentrifying residential neighborhood in South Philadelphia. The Property offers investors an attractive entry point into a strong neighborhood known for low vacancy, strong demographics, and sustained rental demand. 

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As a turnkey multifamily asset in a quality location, 1228-30 South 2nd Street and 1231 S. Philip Street presents a compelling opportunity for investors seeking rental upside, high tenant demand, and future appreciation driven by a neighborhood that has benefited from Philadelphia’s development boom.
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"PROPERTY IS SOLD AS A PACKAGE. LIST PRICE REFLECTS SALE OF 1228 S 2ND 1230 S 2ND AND PHILIP ST"

Presenting the opportunity to acquire the fee simple interest in 1228-30 South 2nd Street and 1231 S. Philip Street, a boutique 7-unit multifamily property located in the heart of Pennsport, an attractive and rapidly gentrifying residential neighborhood in South Philadelphia. The Property offers investors an attractive entry point into a strong neighborhood known for low vacancy, strong demographics, and sustained rental demand. 

The Property features a well-balanced mix of (5) two-bedroom/one-bath rental units and (2) one-bedroom/one-bath rental units, with an average monthly in-place rent of $1,551. The layouts cater to a diverse renter base, including young professionals, couples, and small families. In-place rents range from $1,400 to $1,700 for the one-bedroom units and $1,440 to $1,700 for the two-bedroom units, providing measurable room for repositioning or incremental increases through turnover. 

As a turnkey multifamily asset in a quality location, 1228-30 South 2nd Street and 1231 S. Philip Street presents a compelling opportunity for investors seeking rental upside, high tenant demand, and future appreciation driven by a neighborhood that has benefited from Philadelphia’s development boom.
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