Skip To Content

1820 S 7TH Street

PHILADELPHIA, PA 19148
  • $459,000
  • STATUS: Active
  • ON SITE: 90 Days
  • ID#: PAPH2341682
UPDATED: 92 min ago
$459,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,450
    SQFT
  • $187
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

Welcome to 1820 S 7th Street, a fantastic duplex with oversized garage nestled in the heart of East Passyunk in South Philadelphia! Located in a vibrant and sought-after neighborhood, 1820 S 7th Street enjoys the best of both worlds: the tranquility of a residential area and the proximity to urban amenities. From eclectic eateries and trendy boutiques along Passyunk Ave to cultural landmarks and green spaces, this location truly offers a balanced city living experience. Just steps away from the popular Bok Bar, walkable to the Broad Street Line, the Italian Market, and more. This property presents a unique opportunity for a potential homeowner, but also investor, with both units currently rented out. There are two generously sized units each containing one bedroom and one bathroom, with layouts that could allow the living rooms to be used as additional bedrooms and rented as two bedrooms. The units are in great condition and can be rented right away, or spruced up even more with light cosmetic upgrades to boost rents. The oversized garage, large enough for truck parking, is currently being rented at $1k!Unit 2 has been rented for $1,295/mo. Gross rental income is: $42,240 putting it at a 6.5-7 cap rate. Step onto the expansive bi-level roof deck and be captivated by breathtaking views of Center City Philadelphia. Whether you're entertaining guests or simply relaxing outdoors, this space offers a picturesque backdrop that's sure to impress. Don't miss out on this chance to own a piece of Philadelphia's charm while capitalizing on the income potential of a duplex property. Schedule a viewing today!

Monthly Payment Calculator



©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Pierre Group | United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-18T14:54:56.827.
www.thepierreregroup.com/homes/149284928
Print Image

1820 S 7TH Street PHILADELPHIA, PA 19148

  • Price: $459,000
  • Status: Active
  • On Site: 90 Days
  • Updated: 92 min ago
  • ID#: PAPH2341682
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2,450
SQFT
$187
$/SQFT
1925
Built
Neighborhood:
19148 (19148)
County:
Philadelphia
Area:
19148 (19148)
School District:
The School District Of Philadelphia
Property Description
Welcome to 1820 S 7th Street, a fantastic duplex with oversized garage nestled in the heart of East Passyunk in South Philadelphia! Located in a vibrant and sought-after neighborhood, 1820 S 7th Street enjoys the best of both worlds: the tranquility of a residential area and the proximity to urban amenities. From eclectic eateries and trendy boutiques along Passyunk Ave to cultural landmarks and green spaces, this location truly offers a balanced city living experience. Just steps away from the popular Bok Bar, walkable to the Broad Street Line, the Italian Market, and more. This property presents a unique opportunity for a potential homeowner, but also investor, with both units currently rented out. There are two generously sized units each containing one bedroom and one bathroom, with layouts that could allow the living rooms to be used as additional bedrooms and rented as two bedrooms. The units are in great condition and can be rented right away, or spruced up even more with light cosmetic upgrades to boost rents. The oversized garage, large enough for truck parking, is currently being rented at $1k!Unit 2 has been rented for $1,295/mo. Gross rental income is: $42,240 putting it at a 6.5-7 cap rate. Step onto the expansive bi-level roof deck and be captivated by breathtaking views of Center City Philadelphia. Whether you're entertaining guests or simply relaxing outdoors, this space offers a picturesque backdrop that's sure to impress. Don't miss out on this chance to own a piece of Philadelphia's charm while capitalizing on the income potential of a duplex property. Schedule a viewing today!
Exterior Features

Architectural Style Traditional Construction Materials Masonry Garage Spaces 3.00 Garage Type Garage - Front EntryOversized Garage YN Yes Parking Types Attached Garage Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2450 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions Tenant's personal possessions. Fireplace YN No Heating Baseboard - Electric Heating YN Yes Interior Features Kitchen - Eat-In Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features None Central Air YN No Cooling Fuel None Cross Street MIFFLIN ST Heating Fuel None Hot Water None Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Number Of Units Vacant 0 Original MLSNumber 802983539564 Ownership Interest Fee Simple Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 6349.00 Tax Lot 95 Total Actual Rent 42240.00 Vacation Rental YN No Water Source Public Year Built Effective 2008 Zoning RSA5

Listing courtesy of Select Commercial Advisors: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Pierre Group | United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-18T14:54:56.827.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802983539564-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802983539564-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802983539564-2.jpg
Logo
The Pierre Group | United Real Estate
676 Swedesford Rd
Wayne PA, 19087