Welcome to 2012 Watkins Street, Philadelphia, PA 19145, a beautifully renovated South Philadelphia home offering modern finishes, flexible living space, a finished basement, and an excellent location just minutes from East Passyunk Avenue. Completely gut renovated in 2022, this property offers an attractive opportunity for first-time homebuyers, future owner-occupants, and real estate investors alike.
The home features two bedrooms above grade, two full bathrooms, and a fully finished lower level with a full-size bathroom, creating valuable additional living space. The finished basement offers tremendous flexibility and can be used as a guest suite, home office, workout room, media room, playroom, or additional living area. With a full bathroom already in place, the lower level provides functionality that is difficult to find at this price point in South Philadelphia.
Throughout the home, the 2022 renovation created a clean, modern feel with an updated kitchen featuring stainless steel appliances, renovated bathrooms, updated flooring, lighting, fixtures, and finishes. Buyers can enjoy the benefits of a renovated Philadelphia rowhome without taking on the time and expense of a major renovation.
For a first-time homebuyer or future homeowner, 2012 Watkins Street offers a great opportunity to step into a move-in-ready home with additional finished space that can evolve with your needs. Whether you work from home, regularly host guests, need additional recreation space, or simply want more room to spread out, the finished lower level and second full bathroom add tremendous versatility.
For an investor, the property is currently tenant occupied at $2,210 per month, generating $26,520 in annual gross rental income, income-producing South Philadelphia rental property with an established tenancy already in place.
Location is another major advantage. SouthHouse, Watkins Drinkery, El Mictlan Restaurant, and Philadium Tavern are just a short walk away, while the shops, restaurants, cafés, and nightlife of East Passyunk Avenue are approximately an eight-minute walk from the property. Nearby neighborhood favorites include Gabriella’s Vietnam, Le Virtù, Stogie Joe’s Tavern, Stargazy, Mr. Martino’s Trattoria, River Twice, Noir Restaurant & Bar, and more.
Whether you are searching for a first home in Philadelphia, a renovated South Philadelphia residence, or a turnkey investment property with existing rental income, 2012 Watkins Street offers multiple paths to ownership in one of South Philadelphia’s most convenient neighborhoods. With a full renovation completed in 2022, a finished basement with a full bathroom, flexible living space, and walkability to East Passyunk Avenue, this home is ready for its next chapter.
