930 2Nd StPhiladelphia, PA 19123

  • Land
  • 2,955 SF
For Sale
$1,899,000 View listing

Property Details for 930 2Nd St

Year built
1920
Lot size
0.03 AC
Property size (Sq ft)
2,955 SF
Zone code
CMX2.5
Property type
Land
Property subtype
Commercial land
APN
88-5-0423-00
APU
885042300

Description

This exceptional Class A multifamily property, located at 930 N 2nd St in Philadelphia, Pennsylvania, presents a compelling investment opportunity. Priced at $1,899,000, this 3,500 square foot building boasts four units situated in the thriving Northern Liberties neighborhood. The property's zoning is CMX-2.5, allowing for a mix of residential and commercial uses. The building's composition includes three residential units – two one-bedroom apartments and one two-bedroom apartment – and one commercial space, providing diverse income streams. This strategic location within Philadelphia County (zip code 19123) offers easy access to the city's amenities and vibrant cultural scene. The property's strong potential for both residential and commercial returns makes it an attractive investment for discerning buyers seeking a well-positioned asset in a high-demand area. The building's Class A designation reflects its superior quality and condition. This is a rare opportunity to acquire a well-maintained multifamily property in a rapidly appreciating neighborhood. The combination of residential and commercial units provides a diversified income stream and significant upside potential. Don't miss this chance to own a piece of Philadelphia's thriving real estate market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $642,416
    Hospitality
    $588,450
    Educational
    $489,583
    Medical
    $506,421
    Retail
    $761,574
930 2Nd St, Philadelphia, Pennsylvania

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9649
Longitude
-75.1408
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,975
$141,100
-
$141,100
-
$141,100
-
$141,100

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