2233 South 7th Street
Description
OVERVIEW:
This fully occupied multi-unit property presents a unique investment opportunity in the heart of South Philadelphia. Boasting two spacious three-bedroom residential units and a fully equipped commercial space ideal for a restaurant, this property is perfectly situated on a bustling commercial corridor. Also eligible for Philadelphia's forgivable loan program. RESIDENTIAL UNITES
Two 3-Bedroom Units -Each unit features...Property Listing: Prime Multi-Unit Investment Opportunity in South Philadelphia
OVERVIEW:
This fully occupied multi-unit property presents a unique investment opportunity in the heart of South Philadelphia. Boasting two spacious three-bedroom residential units and a fully equipped commercial space ideal for a restaurant, this property is perfectly situated on a bustling commercial corridor. Also eligible for Philadelphia's forgivable loan program. RESIDENTIAL UNITES
Two 3-Bedroom Units -Each unit features a modern layout, ample natural light, and attractive finishes. Ideal for families or young professionals, these units provide comfortable living spaces with well-appointed kitchens and bathrooms. Fully Occupied: Both residential units are currently leased, providing immediate rental income and a solid return on investment. COMMERICAL SPACE
Restaurant Ready - The commercial unit is fully equipped with brand new restaurant-grade kitchen equipment, ready for your culinary vision. This space features an open layout that can accommodate a dining area, allowing for a vibrant dining atmosphere. Prime Location- Located on a busy commercial corridor, this space benefits from high foot traffic and visibility, making it an excellent choice for a new or expanding restaurant, with extra storage in the basement. PROPERTY FEATURES
Total Units: 3 (2 residential, 1 commercial)
Location: Conveniently positioned in South Philadelphia, close to public transportation, major highways, and local attractions on the corner of 7th and Moyamensing
Investment Potential: With two residential units and a commercial tenant, generating consistent income this property offers a fantastic investment opportunity in a thriving neighborhood. Don’t miss out on this exceptional property that combines residential and commercial potential in a highly sought-after area. Schedule a viewing today to explore the possibilities!
- Listed by David Snyder • KW EmpowerP: (215)-360-3236 david@cclre.com
- Listed by Jana Adler • KW EmpowerP: (917)-449-1530 jana@centercitylistings.com
Property Details for 2233 South 7th Street
Property Details for 2233 South 7th Street
| Status | Active |
|---|---|
| MLS # | PAPH2414514 |
| Days on Market | 18 |
| Taxes | $4,582 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1915 |
| Lot Size | 0.02 AC / 1,040 SF |
| County | Philadelphia County |
Building Information for 2233 South 7th Street
Property Information for 2233 South 7th Street
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- School District County ID: 300200397108
- SchoolDistrictSource: Listing Agent
- County: PHILADELPHIA
- MLS Area: 19148 (19148)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2024
- Tax Assessed Value: $327,400
- Year Assessed: 2024
- County Tax: $0
- Improvement Assessed Value: $261,920
- City Town Tax: $2,016
- Land Assessed Value: $65,480
- Clean Green Assessed: No
- Land Use Code: Y50
- Zoning: CMX25
- Tax Lot: 121
- School Tax: $2,566
- Automatically Update Tax Values Y/N: Yes
- Single Room Units Count: 1
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 2
- Other Units: Unit 1,Unit 2,Unit 3
- Number Of Units Vacant: 0
- Type: Unit 1
- Beds Total: 0
- Full Baths Count: 0
- Unit Type Features: Commercial storefront
- Type: Unit 2
- Beds Total: 3
- Full Baths Count: 1
- Type: Unit 3
- Beds Total: 3
- Full Baths Count: 1
- Building Units Total: 3
- Total Finished SQFT: 2,985.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 2,985.00
- Total SQFT: 2,985.00
- Total SQFT Source: Assessor
- Construction Materials: Masonry
- Foundation Details: Slab
- Lot Size Source: Assessor
- Lot Size Dimensions: 17.00 x 78.00
- Lot Dimensions Source: Assessor
- Parcel ID: 1144911
- Type Of Parking: On Street
- Fireplace: No
- Accessibility Features: None
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Heating: Yes
- Cooling Type: Window Unit(s)
- Cooling Fuel: None
- Heating Type: Radiant
- Heating Fuel: Natural Gas
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Tri-County Suburban REALTORS
Property History for 2233 South 7th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2233 South 7th Street
Schools near 2233 South 7th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 5 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Key Francis Scott School PublicK to 6 | ||
Gamp Public5 to 12 | ||
South Philadelphia High School Public9 to 12 | ||
Academy At Palumbo 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.
Similar Homes
Similar Sold Homes
Homes for Sale near Whitman
Neighborhoods
- Dickinson Square West
- East Passyunk Crossing
- Franklin Delano Roosevelt Park
- Greenwich - Philadelphia
- Lower Moyamensing
- Marconi Plaza
- Moyamensing
- Navy Yard
- Newbold
- Packer Park
- Passyunk Square
- Pennsport
- South Philadelphia
- Stadium District
- Whitman
- Girard Estates
- Waterfront South
- Central Waterfront
- Italian Market
- Girard Estate Historic District
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of KW Empower
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.