1216 22 N 7th Street, Philadelphia, PA 19122

$5,100,000.00
  • Main Photo

27 Total Photos [Click to View All]

ACTIVE
BEDS0 BATHS SQUARE FEET3,315 MLS#PAPH2153194
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA

Property Description

JBMP Real Estate Group, LLC (“JBMP”) is pleased to extend to qualified investors the opportunity to acquire 1216-22 N 7th Street (the “Property”) an 18 unit portfolio located less than two miles from Center City, Philadelphia. The Property presents the unique opportunity to acquire a well located, cash flowing investment with significant upside potential located in the highly sought after 19122 zip code. The Property is perfectly positioned in the market as a convenient and an affordable option for graduate students and young professional renters as rates in 19123 and 19125 continue to increase dramatically year-over-year. All units include top of the line finishes and features that have created significant leasing demand, allowing for minimal vacancy and a high quality tenant base. The Property will be sold fully stabilized at market rents with 4+ years remaining on the tax abatement. The unit mix consists of six (6) three bedroom units, and twelve (12) two bedroom units. Each unit features a desirable open-concept layout, with all units including a private outdoor space. The Property is strategically positioned within walking distance on Fishtown, Northern Liberties, and Temple University allowing for a diverse tenant base of students and young professionals. NOTE: This listing is for 6 triplexes/18 units, the MLS only allows up to 3 units in the unit count field on the listing.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central A/C
Days on Market: 103
Fuel Type: Natural Gas
Lot Size: 0.05 Acres
Taxes: $3,336
Year Built: 2017

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.05 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Three Bedroom Units: 6
Two Bedroom Units: 12
Units: 3
Water: Public

Local Schools

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Listed By / Shown By

Listed By

Agency Name: JBMP Group
Agency Phone: 2677972175

Shown By

Agency Title: Realty Mark, LLC
Agency Phone:

IDX logo

Estimate Your Payment

Estimated Payment

$ 23,171.85 per month $21,406.35 Principal & Interest $278.00 Property Tax $1,487.50 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Login to My Homefinder