Property

Philadelphia, PA 19148 1820 S 7Th Street

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Presented By: Select Commercial Advisors
  • MLS# PAPH2341682
  • 04/12/2024
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  • Beds • 2
  • Garage • 3

Home Details

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!
Presented By: Select Commercial Advisors

Interior Features for 1820 S 7Th Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
Basement (Y/N)No
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNone
Heating Y/NYes
Hot WaterNone

General for 1820 S 7Th Street

AccessibilityNone
Architectural StyleTraditional
Association Recreation FeeN
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
Days on Market149
DirectionsFrom South Broad and Passyunk: Head north on S Broad St toward McKean St Turn right onto Morris St Turn right onto S 8th St Turn left onto Sigel St Turn left onto 7th street
ExclusionsTenant's personal possessions.
Garage Spaces3.00
Garage Y/NYes
HeatingBaseboard - Electric
Interior FeaturesKitchen - Eat-In
Lot Size Square Feet1120.00
Lot Size UnitsSquare Feet
MLS Area19148 (19148)
ModificationTimestamp2024-08-25T02:30:16
MunicipalityPHILADELPHIA
New ConstructionNo
Number of Units Leased3
NumberOfUnitsTotal3
NumberOfUnitsVacant
One Bedroom Units Count2
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
Percent OwnershipFee Simple
PossessionImmediate, Negotiable
Price Per Sq Ft Total AG187.35
Property SubTypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOther
Tax Annual Amount6349.0
Tax Assessed Value453600.0
Tax Lot95
Tax Year2024
Total Actual Rent42240.00
Total SQFT2450
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1925
Year Built SourceAssessor
ZoningRSA5

Exterior for 1820 S 7Th Street

# of Attached Garage Spaces3
Garage FeaturesGarage - Front Entry, Oversized
Land Assessed Value90720.00
Land Use CodeR50
Lot Dimensions16.00 x 70.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces3
Type of ParkingAttached Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

YOLANDA CASSIDY-BOGAN

Associate
Price $459,000
MLS#PAPH2341682
List Date 04/12/2024
Property Type Multi-Family
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