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3 Beds
2 Baths
1,446 sqft

$345,000

2012 WATKINS STREET, PHILADELPHIA PA, 19145

Price per sqft$238.59
Built in1923
Property size1,446 sqft
Property typeTownhomes

Overview

Active

Active-bright

Listed Oct 24, 2026

Updated 12h ago

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.

$2,295/mo

Est. mortgage payment based on a $345,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PAPH2668940

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.02 Acres

Other Property Details

Taxes
$3,948
Tax Frequency
Annually
New Construction
Yes
55+/Senior Community
No
MLS provider logo

Listed by Compass Pennsylvania, LLC
Listing Contact: 2154214627 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/24/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/24/2026 at 4:12 AM UTC

 

Patterson-Schwartz & Associates, Inc.

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