1532 S 2nd StreetPhiladelphia, PA 19147

Rarely Offered Pennsport Quadplex – Cash Flow + Value-Add Opportunity! 🔥

Discover this cash-flowing 4-unit multifamily building on the iconic “2 Street” in Pennsport, one of South Philadelphia’s most desirable and fastest-growing neighborhoods.

Property Highlights:
💰 Legal Quadplex – Zoned for 4 units, with 4 active rental licenses in hand
🛠️ Value-Add Upside – Currently configured as 5 units (2 fully renovated, 2 with long-term month-to-month tenants paying below-market rents)
🚪 Bonus 5th Unit – Endless potential!

Option 1: Use as management office, tenant laundry, or storage space
Option 2: Combine 2 units to create a larger premium rental within quadplex zoning

At just $137,000 per unit, this property is well below replacement cost and offers significant upside through renovations and rent increases. Once fully updated, this building easily supports a projected value north of $800,000+.

Perfect for both buy-and-hold investors and value-add multifamily operators, this is a rare chance to own a stabilized asset in one of Philadelphia’s most vibrant neighborhoods—steps from restaurants, shops, parks, and public transit.

✅ The numbers work.
✅ Prime location.
✅ Tons of upside.

Bring your offers and start building wealth today!