1632-1638 South 2nd Street

Philadelphia, PA 19148

$3,400,000
Price
Beds
10,620 Sq. Ft.
$320 / Sq. Ft.
10,620
Sq. Ft.
$320
per Sq. Ft.

Description

Located in the lively Pennsport neighborhood of Philadelphia, 1632-1638 S 2nd Street presents a collection of four contemporary luxury townhomes thoughtfully designed for modern living. These brand-new residences, built by one of the city's premier developers, showcase meticulous craftsmanship and attention to detail throughout. Each home spans over 2,400 square feet, offering 4 generously sized bedrooms, 4 full bathrooms, a finished basement, and a spacious 2-car garage complete with Tesla charging...Located in the lively Pennsport neighborhood of Philadelphia, 1632-1638 S 2nd Street presents a collection of four contemporary luxury townhomes thoughtfully designed for modern living. These brand-new residences, built by one of the city's premier developers, showcase meticulous craftsmanship and attention to detail throughout. Each home spans over 2,400 square feet, offering 4 generously sized bedrooms, 4 full bathrooms, a finished basement, and a spacious 2-car garage complete with Tesla charging capabilities.

Upon entry, the towering exteriors lead into light-filled foyers with direct access to the garages via rear entrances. The heart of each home lies on the main level, where sleek, open-concept layouts are accentuated by hardwood floors, oversized windows, and recessed lighting. At their centers, modern chef's kitchens boast high-end Bosch stainless steel appliances, substantial islands with seating, and custom cabinetry complemented by striking green subway tile backsplashes. Adjacent, the dining areas and living rooms open to private terraces, creating inviting indoor-outdoor flow. On the upper levels, the homes continue to impress with thoughtfully designed spaces.

The primary suites, located at the rear of the third floors, feature private terraces, expansive walk-in closets, and spa inspired bathrooms outfitted with soaking tubs, glass-enclosed showers, and double vanities. Additional bedrooms, each with ample light and en-suite bathrooms, provide flexibility for guests or growing families. The finished basements expand the living spaces further, ideal for media rooms, home gyms, or offices. Finally, rooftop decks crown these exceptional homes, offering panoramic skyline views perfect for entertaining or quiet reflection.

Located steps from Dickinson Square Park, with its farmer's market and recreational facilities, these homes are surrounded by conveniences. Neighborhood favorites like Grindcore House and Moonshine Philly are just a short walk away, while essential retail destinations like Target, Acme, and Ikea are minutes from your door. With easy access to public transit, major highways, and South Jersey, this collection at 1632-1638 S 2nd Street blends modern luxury with urban convenience.

All units are currently rented. Additional information available on request.

Listing Agent

  1. Joe Morrison

    Joe Morrison

    Listing Agent

    Compass

    joe.morrison@compass.com

    P: (267)-250-5578

Property Details for 1632-1638 South 2nd Street

Tax ID Number
011000029, 011000030, 011000031, 011000032
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Contemporary
Waterfront
No
Garage
Yes
Municipality
PHILADELPHIA
Total Parking Spaces
8
LISTING UPDATED: 01/04/2025 10:11 AM

Property Details for 1632-1638 South 2nd Street

StatusActive
MLS #PAPH2431958
Days on Market3
Taxes$5,036 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2024
Lot Size0.10 AC / 4,200 SF
CountyPhiladelphia County

Building Information for 1632-1638 South 2nd Street

Stories-Residences4Year Built2024Building Size-Lot Size0.10 AC / 4,200 SF

Property Information for 1632-1638 South 2nd Street

Location
Location
  • Transportation: Airport less than 10 miles
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: 3rd Party
  • County: PHILADELPHIA
  • MLS Area: 19148 (19148)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $360,000
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $2,216
  • Land Assessed Value: $360,000
  • Clean Green Assessed: No
  • Land Use Code: BB0
  • Zoning: RSA5
  • Tax Lot: 34
  • School Tax: $2,820
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Leased Count: 4
  • Rent Control: No
Financial Information
Financial Information
  • Gross Income: $186,000
  • Net Operating Income: $152,440
  • Annual Rental Income: $186,000
  • Cap Rate: 4.35
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 10,620.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 76 .00 x 47.00
  • Lot Dimensions Source: Estimated
  • Parcel ID: 25728073
  • Ground Rent Exists: No
  • Ground Rent Payment Frequency: Annually
Parking
Parking
  • Type Of Parking: Attached Garage, Off Street
  • Num of Attached Garage Spaces: 8
  • Total Garage Spaces: 8
  • Parking Features: Electric Vehicle Charging Station(s)
  • Garage Features: Garage - Rear Entry, Garage Door Opener, Inside Access
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 1632-1638 South 2nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Similar Homes

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Similar Sold Homes

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1632-1638 South 2nd Street is a multi-family home for sale in Philadelphia, PA 19148. This property was listed for sale on January 4, 2025 by Compass, it's currently listed at $3,400,000. 1632-1638 South 2nd Street is a 0-bed, 0-bath, 10,620 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.