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… Read More 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. Read Less
Courtesy of Alona Richardson, OCF Realty LLC - Philadelphia 215-735-7368
Listing Snapshot
Days Online
2
Last Updated
Property Type
Townhouse
Beds
2
Full Baths
1
Square Ft.
852
Lot Size
0.02 Acres
Year Built
1875
MLS Number
PAPH2570606
Additional Details
Basement
Unfinished
Building
Built in 1875, Living area: 852, Levels: 2, Construction Materials: Masonry
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