$459,000 $2,464 est/mo Sourced by Back At You

1820 S 7th St,Philadelphia, PA 19148

Philadelphia PA, 19148

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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!

Details

MLS#PAPH2341682
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1925
Days On Site67
Listing Provided BySelect Commercial Advisors | Piruz Partow
Buying Commision2.75% Of
Listing Commission0 $

Features

SQ Feet2,450
Garage3
Units1
ZoningRSA5
Acreage0.03

Market Activity 19148

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

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Learn More About This Property

StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19148
Area19148
School DistrictThe School District Of Philadelp
Listing VS Median (in 19148)
Price:
$459,000
low | high
Med:
$285,000
87.908496732026% of Average
SqFt:
2,450
low | high
Med:
1,066
100% of Average
$ / SqFt:
$187
low | high
Med:
$268
7.07251674173% of Average
On Site:
67
low | high
Med:
62.000000
100% of Average
Sourced by Back At You
Listing Updated: June 4, 2024 at 2:53:38 PM PDT