$ 835,000
-
$835,000
Price -
7
Bed - Bath
-
3,315
SqFt
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About the Listing JBMPG1 - 3268594
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.
Listing Highlights for 1218 N 7th St
Status
Active
Days on Site
328
Property Type
Multi-Family
MLS ®
PAPH2410704
Year Built
2017
Total Square Footage
3,315
Lot/Acreage
0.05
Interior Details
- Bedrooms: 7
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3315
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 25.00 x 85.00
- Zoning: RM-1
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $2,361
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
1218 N 7th St Philadelphia, PA 19122
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