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215- 669-6079
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2534 N Water St, Philadelphia, PA 19125
- $117,500
- 2
- BD
- 1
- BA
- 852
- SqFt
- Sold Price
- $117,500
- List Price
- $125,000
- Closing Date
- Feb 05, 2026
- Days on Market
- 15
- Status
- CLOSED
- MLS#
- PAPH2570606
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 852
- Lot Size (Acres)
- 0.02
- Style
- Traditional
- Year Built
- 1875
- County
- Philadelphia
- School District
- Philadelphia City
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.
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Additional Information
- Area
- 19125 (19125)
- Subdivision
- West Kensington
- School District
- Philadelphia City
- Heating
- Forced Air
- Cooling
- None
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Unfinished
Mortgage Calculator
Listing courtesy of OCF Realty LLC - Philadelphia. Contact:
Selling Office: Real Estate Management Advisors LLC.