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2534 N Water St, Philadelphia, PA 19125

Local realty services provided by:CENTURY 21 Harbor Realty
2534 N Water St,Philadelphia, PA 19125
$125,000
  • 2 Beds
  • 1 Baths
  • 852 sq. ft.
  • Townhouse
  • Active
Listed by: alona richardson, dava costello
Office: ocf realty llc. - philadelphia
MLS#:PAPH2570606
Source:BRIGHTMLS

Price summary

  • Price:$125,000
  • Price per sq. ft.:$146.71

About this home

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.

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Home facts

  • Year built:1875
  • Listing ID #:PAPH2570606
  • Added:1 day(s) ago
  • Updated:January 02, 2026 at 05:40 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:852 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1875
  • Building area:852 sq. ft.
  • Lot area:0.02 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$125,000
  • Price per sq. ft.:$146.71
  • Tax amount:$1,465 (2025)

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