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Listing provided by LightBox Revere
701 N 2nd St, Philadelphia, PA 19123980 N 2nd St, Philadelphia, PA 19123
701 & 980 N 2nd St
Asset ClassMixed Use, Multifamily
# Buildings2
Northern Liberties Mixed-Use Portfolio
Overview
701–703 and 980–982 N 2nd Street is a mixed-use portfolio in Philadelphia’s Northern Liberties neighborhood totaling 13 residential units plus 2 ground-floor commercial spaces, built 2013/2014. The three- and four-story assets offer stable in-place cash flow with embedded rent upside, supported by a walkable, transit-connected, high-demand infill location near Center City and the Delaware River waterfront
Investment Highlights
- Prime Northern Liberties infill, minutes to Center City and waterfront.
- 13 apartments plus 2 street-level commercial spaces for diversified income.
- Built 2013–2014 with modern layouts and durable finishes, low CapEx profile.
- Walkable neighborhood amenities that support strong occupancy and retention.
- Clear mark-to-market: $2,222 in-place vs. ~$2,365 market rents.
- High-barrier submarket with limited new supply supporting long-term rent growth.
Photo Gallery
701 N 2nd StPhiladelphia, PA 19123701 N 2nd St, Philadelphia, PA 19123980 N 2nd St, Philadelphia, PA 19123
Sales Team
Listing provided by LightBox Revere