Skip To Content

1218 N 7TH Street

PHILADELPHIA, PA 19122
  • $835,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: PAPH2410704
UPDATED: 50 min ago
$835,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,315
    SQFT
  • $252
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2017
County:

School Ratings & Info

Description

This cash flowing three-unit property sits in the coveted 19122 zip code, just a short stroll away from the bustling shops, eateries, and coffee shops of Frankford Ave and Fishtown, and steps away from the Piazza and Northern Liberties. Unit #1 is a split-level unit with three bedrooms and three bathrooms, includes a large living space with rear yard, and is rented for $1831/month with a lease ending on 6/23/2025. Unit #2, a two-bedroom, one and a half-bathroom unit, featuring a large layout with wrap-around kitchen and rear deck, which is leased for $1500/month, through 8/26/2025. Unit #3 has two bedrooms and two bathrooms, plus exclusive access to a private roof deck offering spectacular cityscape views, rented for $1650/month with the lease expiring on 7/26/2025. The building, built in 2017, provides ownership with several options: keep it as a high cash flowing rental property, live in one unit while leasing the others, or transform the property into three condominiums for individual sale. Each unit has been well maintained since completing and features high ceilings, private outdoor areas, recessed lighting, intercom systems, and abundant natural light. The property still has about four years left on its tax abatement. 3D tours available in the video section, pro-forma available upon request.

Monthly Payment Calculator



©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-12T07:51:03.42.
www.lisasellsdelaware.com/homes/156806927
Print Image

1218 N 7TH Street PHILADELPHIA, PA 19122

  • Price: $835,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 50 min ago
  • ID#: PAPH2410704
0
Beds
0
Baths
0
½ Baths
0.05
Acres
3,315
SQFT
$252
$/SQFT
2017
Built
Neighborhood:
19122 (19122)
County:
Philadelphia
Area:
19122 (19122)
School District:
The School District Of Philadelphia
Property Description
This cash flowing three-unit property sits in the coveted 19122 zip code, just a short stroll away from the bustling shops, eateries, and coffee shops of Frankford Ave and Fishtown, and steps away from the Piazza and Northern Liberties. Unit #1 is a split-level unit with three bedrooms and three bathrooms, includes a large living space with rear yard, and is rented for $1831/month with a lease ending on 6/23/2025. Unit #2, a two-bedroom, one and a half-bathroom unit, featuring a large layout with wrap-around kitchen and rear deck, which is leased for $1500/month, through 8/26/2025. Unit #3 has two bedrooms and two bathrooms, plus exclusive access to a private roof deck offering spectacular cityscape views, rented for $1650/month with the lease expiring on 7/26/2025. The building, built in 2017, provides ownership with several options: keep it as a high cash flowing rental property, live in one unit while leasing the others, or transform the property into three condominiums for individual sale. Each unit has been well maintained since completing and features high ceilings, private outdoor areas, recessed lighting, intercom systems, and abundant natural light. The property still has about four years left on its tax abatement. 3D tours available in the video section, pro-forma available upon request.
Exterior Features

Architectural Style Other Construction Materials Masonry Garage YN No Parking Types None Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3315 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Heating Other Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 2

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Other Foundation Details Other Heating Fuel Natural Gas Hot Water Other Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 803426930836 Ownership Interest Fee Simple Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 1.00 Vacation Rental YN No Water Source Public Zoning RM-1

Listing courtesy of : .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-12T07:51:03.42.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803426930836-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803426930836-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803426930836-2.jpg
Logo
The Lisa Mathena Group
13 Bridgeville Road
Georgetown DE, 19947