1218 North 7th Street
$835,000
—
—
3,315
3,315
$252
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...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.
- Listed by Jonathan Beaulieu • JBMP GroupP: (215)-967-2668 jon@jbmpgroup.com
Property Details for 1218 North 7th Street
Tax ID Number
141056110
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleOther
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Total Parking Spaces0
LISTING UPDATED: 01/24/2025 12:54 PM
Property Details for 1218 North 7th Street
Status | Active |
---|---|
MLS # | PAPH2410704 |
Days on Market | 106 |
Taxes | $2,361 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 2017 |
Lot Size | 0.05 AC / 2,071 SF |
County | Philadelphia County |
Building
Building Information for 1218 North 7th Street
Stories2Residences-Year Built2017Building Size-Lot Size0.05 AC / 2,071 SF
Property Information for 1218 North 7th Street
Property History for 1218 North 7th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1218 North 7th Street
Taxable ValueLand-Additions-Total-
Tax Record2024$2,361 ($197 / month)
Home Facts
Total Finished SqFt3,315 SqFtAbove Grade Finished SqFt3,315 SqFtStories3Lot Size2,071 SqFtStyleMulti-Family Dwelling (2-4)Year Built2017ZoningRM1CountyPHILADELPHIAAPN14-1-0561-10
Schools near 1218 North 7th Street
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Ludlow James R School PublicPK to 8 | ||
Penn Treaty Middle School Public6 to 12 | ||
Bodine William W High School Public9 to 12 | ||
The U School: Innovative Lab Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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