1613 N PHILIP ST, Philadelphia, PA 19122
1613 N PHILIP ST, Philadelphia, PA 19122
1613 N PHILIP ST, Philadelphia, PA 19122
1613 N PHILIP ST, Philadelphia, PA 19122
1613 N PHILIP ST, Philadelphia, PA 19122
1613 N PHILIP ST, Philadelphia, PA 19122
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Listed by Juliana Martell • Kurfiss Sotheby's International Realty
$ 450,000
Est. payment | /mo

1,620 SqFt


Save
$ 450,000
Est. payment | /mo
Save

1,620 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,620 sqft

Price per Sqft $277

Subdivision Olde Kensington

MLS Listing ID PAPH2630318

Style Traditional

Abv Grd Liv Area 1,620

Year Built 1915

Annual Tax Amount $4,193

Tax Year 2026

Lot Size 842 Sqft

Acres 0.02

Lot Dimensions 18.00 x 47.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Opportunity knocks in the heart of Olde Kensington! This legally zoned duplex offers a rare combination of immediate owner-occupancy potential, stable rental income, and an **assumable FHA loan** with an approximate balance of $328,000 at an exceptional 3.5% interest rate.

Unit 1 is a spacious bi-level one-bedroom, one-bath unit featuring a renovated kitchen with dishwasher, central air, in-unit washer and dryer, laminate flooring, basement access, and a large private patio perfect for entertaining or relaxing outdoors. This unit is currently vacant, making it ideal for an owner-occupant or an investor seeking to maximize rental income.

Unit 2 is a bi-level two-bedroom, one-and-a-half-bath unit with a full kitchen, central air, in-unit washer and dryer, laminate flooring throughout, and a private deck. The unit is currently leased through June 29, 2027, at $1,735 per month to long-term tenants, providing immediate and reliable cash flow.

Located in one of Philadelphia's fastest-growing neighborhoods, Olde Kensington offers easy access to the Fishtown, Northern Liberties, and Center City neighborhoods. Residents enjoy a highly walkable lifestyle with neighborhood favorites including ReAnimator Coffee, Human Robot Brewery, Hancock Recreation Center, and the shops, restaurants, and nightlife along Front Street and Frankford Avenue just minutes away. The neighborhood is known for its strong sense of community, excellent transit access, and continued growth and investment.

Whether you're looking to house hack, expand your investment portfolio, or take advantage of the attractive assumable financing, this versatile duplex presents a compelling opportunity in a thriving Philadelphia location.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning RSA5

Rooms

Basement Full

Interior

Interior Features Bathroom - Tub Shower, Combination Dining/Living, Combination Kitchen/Dining

Hot Water Electric

Heating Baseboard - Electric

Cooling Ductless/Mini-Split

Flooring Laminate Plank

Equipment Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer

Fireplace N

Appliance Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer

Heat Source Electric

Exterior

Exterior Feature Deck(s)

Water Access N

Roof Type Flat

Accessibility None

Porch Deck(s)

Garage N

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 1620

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 183113800

Ownership Fee Simple

SqFt Source 1620

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

Bright MLS (BMLS)
Nearby Locations
Janell McIlwain
Janell McIlwain

Broker Associate | License ID: 594917 0225250514 SP200201530

+1(240) 416-9121 | janellsellshomes@gmail.com

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1613 N PHILIP ST