$ 875,500
-
$875,500
Price -
8
Bed -
3,600
SqFt -
0.07
Acre
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About the Listing 55824 - 3252160,3309384
Fully occupied 7-unit apartment building featuring six 1-bedroom apartments and one 2-bedroom apartment. All units are currently occupied and producing rental income. Current monthly gross rental income is approximately $5,910, or $70,920 annually. Landlord is responsible for cold water, trash, exterminating, snow removal and landscaping. Building has one house electric meter. All tenants are currently in place, and the property has clean common hallways and well-maintained areas. Most leases are month-to-month with 60 days' notice; the Section 8 tenancy requires 30 days' notice. Property is subject to real estate taxes. Seller is also addressing the real estate tax assessment, with the applicable appeal deadline in October 2026. Strong opportunity for an investor seeking a fully occupied Philadelphia multifamily property with established rental income and multiple units. Buyer to independently verify all rents, leases, expenses, utility arrangements, unit configurations, and Section 8 information.
Listing Highlights for 1722 N 7th St
Status
Active
Days on Site
26
Property Type
Multi-Family
MLS ®
PAPH2679240
Year Built
1915
Total Square Footage
3,600
Lot/Acreage
0.07
County
Philadelphia
Neighborhood
Olde Kensington
Area
19122 (19122)
School District
The School District Of Philadelphia
Elementary School
Ludlow James
High School
Penn Treaty
Interior Details
- Bedrooms: 8
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3600
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RSA5
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $7,224
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
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Listing Location
Questions About..
1722 N 7th St Philadelphia, PA 19122
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