Property Attributes
- MLS#PAPH2341682
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19148
- Zip19148
- StyleTraditional
- Year Built1925
- Taxes$ 6349
- Price$ 459,000
- Bedrooms2
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
Welcome to 1820 S 7th Street, a fantastic duplex with oversized garage nestled in the heart of East Passyunk in South Philadelphia! Located in a vibrant and sought-after neighborhood, 1820 S 7th Street enjoys the best of both worlds: the tranquility of a residential area and the proximity to urban amenities. From eclectic eateries and trendy boutiques along Passyunk Ave to cultural landmarks and green spaces, this location truly offers a balanced city living experience. Just steps away from the popular Bok Bar, walkable to the Broad Street Line, the Italian Market, and more. This property presents a unique opportunity for a potential homeowner, but also investor, with both units currently rented out. 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!
Price History | |
---|---|
4/12/2024 | Listed $459,000 |
General Features
Interior Features | Kitchen - Eat-In |
---|---|
Sewer | Public Sewer |
Heating | Baseboard - Electric |
Cooling | None |
Possession | Immediate,Negotiable |
Zoning | RSA5 |
Garage Spaces | 3.00 |
Pool Y/N | No Pool |
Architectural Style | Traditional |
Construction Materials | Masonry |
Exclusions | Tenant's personal possessions. |
Year Built | 1925 |
Property SubType | Duplex |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Cool Fuel | None |
Accessibility | None |
County | PHILADELPHIA |
New Construction | No |
Property Type | Multi-Family |
Garage Y/N | Yes |
Water Access Y/N | No |
Other Structures | Above Grade,Below Grade |
Status | ACTIVE |
Directions | From South Broad and Passyunk: Head north on S Broad St toward McKean St Turn right onto Morris St Turn right onto S 8th St Turn left onto Sigel St Turn left onto 7th street |
ModificationTimestamp | 2024-04-17T09:36:25 |
City | PHILADELPHIA |
Buyer Agent Compensation | 2.75 |
Total Units | 3 |
MLS Area | 19148 (19148) |
Lot Size Square Feet | 1120.00 |
Tax Assessed Value | 453600.0 |
Waterfront Y/N | No |
Street Name | 7TH |
Tax Annual Amount | 6349.0 |
Structure Type | Other |
One Bedroom Units Count | 2 |
NumberOfUnitsVacant | 1 |
Other Units | Unit 1,Unit 2 |
Price Per Sq Ft | 187.35 |
Vacation Rental Y/N | No |
Total SQFT | 2450 |
Days on Market | 6 |
Standard Status | Active |
Year Built Source | Assessor |
Tax Lot | 95 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | None |
---|---|
Hot Water | None |
Basement (Y/N) | No |
Heating Y/N | Yes |
Fireplace Y/N | No |
Street Suffix | STREET |
Central Air Y/N | No |
LivingAreaSource | Estimated |
Exterior Features
Water Source | Public |
---|---|
Total Parking Spaces | 3 |
Garage Features | Garage - Front Entry,Oversized |
Type of Parking | Attached Garage |
Land Use Code | R50 |
Water View Y/N | No |
Lot Dimensions | 16.00 x 70.00 |
Lot Size Acres | 0.03 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 90720.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
# of Attached Garage Spaces | 3 |
LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool