630 N 2nd Street, Philadelphia, PA 19123 - Photo 1

1/1

$1,000,000

Sold
Closed
Retail

1/1

Property Description

630 N. 2nd Street is a mixed-use property on the main neighborhood commercial corridor in Northern Liberties. The property includes exposed brick where possible, central air and in-unit washer / dryer. It has one 2 bed / 1 bath unit, one bi-level 2 bed / 1.5 bath with a private deck, and one commercial cafe space that has long been leased by a neighborhood favorite, Soy Cafe. The cafe just renewed their lease and is settled in for another 5 years. Meanwhile, explosive growth is happening all around the property with over 4,000 residential units under construction within a few blocks. The rental trajectory of this building is very strong with its fantastic location, charm and well-sized units. With some upgrades to kitchens and baths, there is ample room to increase the current rents.

Full Property Details

Full Property Details for 630 N 2nd St

General

Sold For: $1,000,000
Taxes: $6,733 (2023)
Status: Closed
Type: Retail
Source: BrightMLSPhilly
MLS ID: PAPH2265784
Added to Site: 972 day(s) ago

Business

Business Type: Apartment Building, Other/General Retail

Parking

Parking Type: None

Location

Area: 19123 (19123)
Municipality: PHILADELPHIA
County: Philadelphia
Development Name: Northern Liberties
Subdivision: Northern Liberties
Cross Streets: Fairmount Ave
Driving Directions: Located at 2nd & Fairmount Ave.
Location Details: Urban

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Heating Type: Hot Water
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Masonry
Stories/Levels: 4
Year Built: 1920
Year Built Source: Assessor

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 0.03
Lot Size (Sq. Ft.): 1,494
Lot Size Source: Assessor
Lot Dimensions: 20.00 x 75.00
Frontage Feet: 20
Zoning: CMX25

Financial Considerations

Price Per Sq. Ft.: $359.38
Assessment Year: 2023
School Tax: $3,694
City/TownTax: $3,038
City/TownTax Freq: Annually
Tax w/Assessment: $481,000
Tax Amount: $6,733
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Investment: Yes
Lot Number: 25

Listed and Sold by Mallin Panchelli Nadel Realty Inc, Veronica Gintel Blum

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Listing agent

— 630 N 2nd St —

Veronica Gintel Blum

Mallin Panchelli Nadel Realty Inc

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Schools

Schools serving 630 N 2nd St

School District:Philadelphia City School District

Name	Grades	Distance
General Philip Kearny 601 Fairmount Avenue, Philadelphia, PA 19123	K-8	0.4 mi
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130	12-11	1.1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 630 N 2nd St

Date

Details

Price

Change

Source

10/31/2023

Sold

$1,000,000

-13.04%

MLS

8/08/2023

Listed

$1,150,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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630 N 2nd Street, Philadelphia, PA 19123 (MLS# PAPH2265784) is a Retail property that was sold at $1,000,000 on October 31, 2023. Want to learn more about 630 N 2nd Street? Do you have questions about finding other Retail real estate for sale in Northern Liberties? You can browse all Northern Liberties real estate or contact a Coldwell Banker agent to request more information.

630 N 2nd St Philadelphia, PA 19123