1820 S 7TH ST Philadelphia, PA 19148
2,450 SqFt
UPDATED:
10/22/2024 06:16 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $187
MLS Listing ID PAPH2406022
Style Traditional
Abv Grd Liv Area 2,450
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $6,349
Tax Year 2024
Lot Size 1,120 Sqft
Acres 0.03
Lot Dimensions 16.00 x 70.00
Property Description
There are two generously sized units each containing one bedroom and one bathroom, with layouts that could allow the living rooms to be used as additional bedrooms and rented as two bedrooms. The units are in great condition and can be rented right away, or spruced up even more with light cosmetic upgrades to boost rents. The oversized garage, large enough for truck parking, is currently being rented at $1k!
Unit 2 has been rented for $1,295/mo. Gross rental income is: $42,240 putting it at a 6.5-7 cap rate.
Step onto the expansive bi-level roof deck and be captivated by breathtaking views of Center City Philadelphia. Whether you're entertaining guests or simply relaxing outdoors, this space offers a picturesque backdrop that's sure to impress. Don't miss out on this chance to own a piece of Philadelphia's charm while capitalizing on the income potential of a duplex property. Schedule a viewing today!
Location
State PA
County Philadelphia
Area 19148 (19148)
Zoning RSA5
Interior
Interior Features Kitchen - Eat-In, Additional Stairway
Hot Water None
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source None
Exterior
Garage Garage - Front Entry, Oversized
Garage Spaces 3.0
Waterfront N
Water Access N
Accessibility None
Parking Type Attached Garage
Attached Garage 3
Total Parking Spaces 3
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 012180600
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
