PA > Philadelphia
Philadelphia, PA 19147,1532 S 2ND ST
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Philadelphia, PA 19147,1532 S 2ND ST
Philadelphia, PA 19147,1532 S 2ND ST
Philadelphia, PA 19147,1532 S 2ND ST
Philadelphia, PA 19147,1532 S 2ND ST
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Dana Ubele

Dana Ubele

+1(856) 888-1133
Listed by Michael L Mita • Integrity Real Estate Associates LLC
$ 550,000
Est. payment /mo
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Active

1532 S 2ND ST Philadelphia, PA 19147

1,307 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2549470

Year Built 1915

Available Date 2025-10-23

Annual Tax Amount $2,910

Tax Year 2025

Lot Size 1,307 Sqft

Acres 0.03

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Rarely Offered Pennsport Quadplex – Cash Flow + Value-Add Opportunity! 🔥

Discover this cash-flowing 4-unit multifamily building on the iconic “2 Street” in Pennsport, one of South Philadelphia's most desirable and fastest-growing neighborhoods.

Property Highlights:
💰 Legal Quadplex – Zoned for 4 units, with 4 active rental licenses in hand
🛠️ Value-Add Upside – Currently configured as 5 units (2 fully renovated, 2 with long-term month-to-month tenants paying below-market rents)
🚪 Bonus 5th Unit – Endless potential!

Option 1: Use as management office, tenant laundry, or storage space
Option 2: Combine 2 units to create a larger premium rental within quadplex zoning

At just $137,000 per unit, this property is well below replacement cost and offers significant upside through renovations and rent increases. Once fully updated, this building easily supports a projected value north of $800,000+.

Perfect for both buy-and-hold investors and value-add multifamily operators, this is a rare chance to own a stabilized asset in one of Philadelphia's most vibrant neighborhoods—steps from restaurants, shops, parks, and public transit.

✅ The numbers work.
✅ Prime location.
✅ Tons of upside.

Bring your offers and start building wealth today!

Location

State PA

County Philadelphia

Area 19147 (19147)

Zoning RSA5

Interior

Hot Water Natural Gas

Heating Heat Pump(s)

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Cistern

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871500950

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)
Dana Ubele

Dana Ubele

Broker | License ID: 0448855

+1(856) 888-1133

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1532 S 2ND ST

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