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1218 N 7th St
For Sale $835,000 ($251.89 per Sq Ft)
$835,000 ($251.89 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 3,315 Sq Ft
- 2,071 Sq Ft
Description
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $835,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 3,315 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2017 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 141056110 |
| MLS # | PAPH2410704 |
| Property ID | 320957066 |
| Lot Sqft | 2,071 |
| Zoning | RM-1 |
| Total Units | 3 |
| Days on Market | 43 |
| Original List Price | Unknown |
| Date Updated | October 16, 2024 |
| Date Created | October 15, 2024 |
Listing Provided By
Jonathan Beaulieu an agent of . Lic #RS340996
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Data last updated: November 27, 2024.
Robert Crawford
REAL ESTATE AGENT