BEDS0
BATHS
SQUARE FEET3,600
MLS#PAPH2679240
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONOLDE KENSINGTON
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
Property Description
Fully occupied 7-unit apartment building featuring six 1-bedroom apartments and one 2-bedroom apartment. All units are currently occupied and producing rental income. Current monthly gross rental income is approximately $5,910, or $70,920 annually. Landlord is responsible for cold water, trash, exterminating, snow removal and landscaping. Building has one house electric meter. All tenants are currently in place, and the property has clean common hallways and well-maintained areas. Most leases are month-to-month with 60 days' notice; the Section 8 tenancy requires 30 days' notice. Property is subject to real estate taxes. Seller is also addressing the real estate tax assessment, with the applicable appeal deadline in October 2026. Strong opportunity for an investor seeking a fully occupied Philadelphia multifamily property with established rental income and multiple units. Buyer to independently verify all rents, leases, expenses, utility arrangements, unit configurations, and Section 8 information.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Fuel Type: Electric
Heating: Baseboard - Electric
Home Style: Georgian
Lot Size: 0.07 Acres
Taxes: $7,224
Year Built: 1915
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 8
Exterior: Brick
Lot Dimensions: 0.07 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 6
Sewer: Public Sewer
Structure Type: Detached
Two Bedroom Units: 1
Units: 4
Utilities: Electric Available
Water: Public
Local Schools
High School: PENN TREATY
Elementary School: LUDLOW JAMES
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: Premium Realty Castor Inc
Agency Phone: 2157257080
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,837.30 per month $1,976.30 Principal & Interest $602.00 Property Tax $259.00 Homeowner's InsuranceChange Payment Information
1722 N 7th Street | MLS# PAPH2679240
This multi-family property located at 1722 N 7th Street, Philadelphia, PA 19122 is currently listed for sale with an asking price of $888,000. N 7th Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.realtymarkllc.com today.