Views
Listed By:
Select Commercial Advisors
Address
1820 S 7Th Street, Philadelphia, PA
Price
$ 459,000
Property Attributes
  • MLS#PAPH2341682
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19148
  • Zip19148
  • StyleTraditional
  • Year Built1925
  • Taxes$ 6349
  • Price$ 459,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.03 Acres
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
Architectural Style Traditional
Construction Materials Masonry
Exclusions Tenant's personal possessions.
Year Built 1925
Property SubType Duplex
Tax Year 2023
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 2024-05-18T06:07:54
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 Total 187.35
Vacation Rental Y/N No
Total SQFT 2450
Days on Market 37
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

Pool No Pool
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

Property vs Multi-Family Average in 19148

Price
AVG $550K
$460K
Taxes
AVG $4,217
$6,349
Visits
AVG 300
121
Data Provided by Inside Real Estate®
Year Built
AVG 1927
1925