1520 North 7th Street
$1,550,000
10
10
7,326
7,326
$212
New Construction
Description
Amazing investment opportunity. This modern, fully occupied 5-unit multi-family property, built in 2020, is situated in the highly sought-after Olde Kensington neighborhood of Philadelphia just steps from the Main Campus of Temple University as well as Fishtown and Northern Liberties. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property is also located within a Qualified Opportunity...Amazing investment opportunity. This modern, fully occupied 5-unit multi-family property, built in 2020, is situated in the highly sought-after Olde Kensington neighborhood of Philadelphia just steps from the Main Campus of Temple University as well as Fishtown and Northern Liberties. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors, and includes approximately five years remaining on a tax abatement. The unit mix includes two (2) 1-bedroom, 1.5-bathroom units, one (1) bi-level 2-bedroom, 2.5-bathroom unit, and two (2) bi-level 3-bedroom, 3-bathroom units, one with private backyard access. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Nine property portfolio, can be purchased individually or as a full / partial portfolio (2243 N. Broad St., 2207 N. Broad St., 1730 Ridge Ave., 1230 N Marshall St., 1520 N. 7th St., 1805 N. 6th St., 1917 N. 7th St., 2010 N. 8th St., 1540 W. Tioga St.).
- Listed by Jim Onesti • KW EmpowerP: (484)-429-6769 jimsells@mccannteam.com
- Listed by Steven Onesti • KW EmpowerP: (215)-783-7779 sonesti@mccannteam.com
Property Details for 1520 North 7th Street
Tax ID Number
202022200
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleOther
WaterfrontNo
GarageNo
SubdivisionOLDE KENSINGTON
SubdivisionOLDE KENSINGTON (PHILADELPHIA PA)
LISTING UPDATED: 01/08/2025 08:00 PM
Property Details for 1520 North 7th Street
Status | Active |
---|---|
MLS # | PAPH2433092 |
Days on Market | 2 |
Taxes | $2,144 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 2019 |
Lot Size | 0.05 AC / 2,261 SF |
County | Philadelphia County |
Building
Building Information for 1520 North 7th Street
Stories-Residences-Year Built2019Building Size-Lot Size0.05 AC / 2,261 SF
Property Information for 1520 North 7th Street
Property History for 1520 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 1520 North 7th Street
Taxable ValueLand-Additions-Total-
Tax Record2024$3,919 ($327 / month)
Home Facts
Beds0Lot Size2,261 SqFtStyleResidentialZoningRM1CountyPHILADELPHIAAPN20-2-0222-00
Schools near 1520 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 | ||
The U School: Innovative Lab Public9 to 12 | ||
Bodine William W High School 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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