$ 125,000
-
$125,000
Price -
2
Bed -
1
Bath -
852
SqFt
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About the Listing OCFRLTY - 3322213,3163685
2534 N. Water St. is a previously tenant-occupied, income-producing 2-bedroom, 1-bath home offering immediate returns and strong long-term potential—an ideal opportunity for investors, savvy buyers, and first-timers alike. Located in the heart of rapidly redeveloping Kensington, this property features low-maintenance laminate flooring, a fully functional kitchen that opens to a fenced rear patio—perfect for taking some of your living space outside. The full basement adds valuable storage or flex space, while the second floor offers two well-sized bedrooms and a full bath. With a high CAP rate and value-add upside, this is a smart addition to any rental portfolio. Conveniently located near public transit, shopping, and major roadways, this property offers both reliable rental income and strong appreciation potential. Being sold as-is. Seller will make no repairs.
Listing Highlights
Status
Pending
Days on Site
32
Property Type
Townhome
MLS ®
PAPH2570606
Year Built
1875
Total Square Footage
852
Lot/Acreage
0.02
County
Philadelphia
Neighborhood
West Kensington
Area
19125 (19125)
School District
Philadelphia City
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 852
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 12.00 x 68.00
- Zoning: RSA5
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $1,465
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
2534 N Water St Philadelphia, PA 19125
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