$3,400,000
NEW CONSTRUCTION

Estimated payment $19,077/month

Total Views 7,252
-- Bed
-- Bath
10,620 Sq Ft
$320 Price per Sq Ft

Highlights

  • New Construction
  • Contemporary Architecture
  • Electric Vehicle Home Charger
  • 0.1 Acre Lot
  • 8 Car Direct Access Garage
  • 3-minute walk to Dickinson Square Park

About This Home

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

Joe Morrison

Compass RE Listed on: 01/04/2025

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,548

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4,200 Sq Ft Lot
  • Property is in excellent condition

Parking

  • 8 Car Direct Access Garage
  • Electric Vehicle Home Charger
  • Rear-Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • 10,620 Sq Ft Home
  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Masonry

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Finished Basement

Community Details

  • 4 Units
  • Net Operating Income $152,440

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 011000029, 011000030, 011000031, 011000032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,548

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

8

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 2024
  • Remarks Public: 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.
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 10620
  • Living Area Sq Ft: 10620
  • Price Per Sq Ft: 320.15
  • Above Grade Finished Sq Ft: 10620
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1632-1638

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 8.00
  • Garage: Yes
  • Parking Features: Electric Vehicle Charging Station(s)
  • Garage Features: Garage - Rear Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 8
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: 3rd Party

Lot Info

  • Land Use Code: BB0
  • Lot Size Acres: 0.10
  • Lot Dimensions: 76 .00 x 47.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4200.00
  • Property Condition: Excellent
  • Year Assessed: 2025
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Rent Control: No
  • Total Actual Rent: 186000.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 6467.00
  • Tax Annual Amount: 11548.00
  • Assessor Parcel Number: 011000029, 011000030, 011000031, 011000032
  • Tax Lot: 34
  • Tax Data Updated: Yes
  • Tax Year: 2025

Multi Family

  • Gross Income: 186000.00

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,408 $825,000 $165,000 $660,000
2024 $2,408 $172,000 $172,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2025 01/04/25 For Sale $3,400,000 -- $320 / Sq Ft
Source: Bright MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,014,084 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2431958

Bright MLS

APN: 011000029