PA > Philadelphia > West Kensington
Philadelphia, PA 19125,2534 N WATER ST
Philadelphia, PA 19125,2534 N WATER ST
Philadelphia, PA 19125,2534 N WATER ST
Philadelphia, PA 19125,2534 N WATER ST
Philadelphia, PA 19125,2534 N WATER ST
Philadelphia, PA 19125,2534 N WATER ST
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Jack Jenkins

Jack Jenkins

+1(571) 229-6877
Listed by Alona Richardson • OCF Realty LLC - Philadelphia
$ 125,000
Est. payment | /mo

2 Beds

1 Bath

852 SqFt

Save
$ 125,000
Est. payment | /mo
Save

2 Beds

1 Bath

852 SqFt

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 852 sqft

Price per Sqft $146

Subdivision West Kensington

MLS Listing ID PAPH2570606

Style Traditional

Bedrooms 2

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 852

Year Built 1875

Annual Tax Amount $1,465

Tax Year 2025

Lot Size 810 Sqft

Acres 0.02

Lot Dimensions 12.00 x 68.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

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.

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning RSA5

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Foundation Stone

Above Ground Finished SqFt 852

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 311026000

Ownership Fee Simple

SqFt Source 852

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

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2534 N WATER ST