1328 N 7TH ST, Philadelphia, PA 19122 - MLS#PAPH2413454

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Adam Ferst

[email protected] +1(202) 421-5500

$925,000

Est. payment - /mo

3,204 SqFt

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UPDATED:

10/25/2024 04:21 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,204 sqft

Price per Sqft $288

MLS Listing ID PAPH2413454

Style Other

Abv Grd Liv Area 3,204

Originating Board BRIGHT

Year Built 2018

Annual Tax Amount $3,219

Tax Year 2024

Lot Size 1,360 Sqft

Acres 0.03

Lot Dimensions 17.00 x 80.00

Property Description

This newly constructed triplex at 1328 N 7th St offers the perfect opportunity for investors or owner-occupants looking to live in one unit while generating rental income from the other two. This property was built in 2018 with top-of-the-line finishes, including premium bamboo floors, high ceilings, and outdoor spaces for each unit. The property features three spacious units: Unit 1 is a 3-bedroom, 2.5-bath bi-level layout with two outdoor patios, currently rented for $1,990 with room for increase. Unit 2 is a 2-bedroom, 2-bath unit with a large deck and is currently vacant, ready for immediate occupancy. Unit 3 is a 2-bedroom, 2-bath unit with a private roof deck offering stunning skyline views, currently rented for $1,869 with room for increase.

Located within walking distance to Northern Liberties and Fishtown, with easy access to I-95 and Broad St, this property is ideally situated in one of Philadelphia’s most rapidly developing neighborhoods. With 4 years remaining on the tax abatement and located in an Opportunity Zone, this triplex offers unmatched flexibility. Whether you choose to live in one unit and rent the others, hold it as a rental property, or convert even it to condos for resale, the potential is undeniable. Don’t miss your chance to secure a valuable asset in one of Philly’s hottest markets—schedule your tour today!

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 141057900

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by Brandon Ribeiro • Keller Williams Liberty Place

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Adam Ferst

+1(202) 421-5500

Agent | RSRS325119

Agent RSRS325119

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