Icon Real Estate Advisors is pleased to present 701 & 980 N 2nd Street (the “Portfolio”), a mixed-use asset comprising 13 residential units and 2 commercial space totaling approximately 13,016 square feet. Built in 2013 and 2014, the three and four-story properties are located in Philadelphia’s Northern Liberties neighborhood, offering investors a well-positioned urban asset with stable income potential.
The Portfolio is strategically positioned within a high-demand urban submarket characterized by dense renter populations, walkable amenities, and strong connectivity to Center City Philadelphia. Proximity to I-95, SEPTA transit, and regional employment hubs enhances resident accessibility, while limited infill development and rising replacement costs constrain new supply. These factors combine to provide investors with stable in-place cash flow and long-term upside potential through continued rent growth and submarket appreciation.