1722 N 7TH ST, Philadelphia, PA 19122
1722 N 7TH ST, Philadelphia, PA 19122
1722 N 7TH ST, Philadelphia, PA 19122
1722 N 7TH ST, Philadelphia, PA 19122
1722 N 7TH ST, Philadelphia, PA 19122
1722 N 7TH ST, Philadelphia, PA 19122
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Listed by TINA TAN • Premium Realty Castor Inc
$ 875,500
Est. payment | /mo

3,600 SqFt


Save
$ 875,500
Est. payment | /mo
Save

3,600 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $243

Subdivision Olde Kensington

MLS Listing ID PAPH2679240

Style Georgian

Abv Grd Liv Area 3,600

Year Built 1915

Annual Tax Amount $7,224

Tax Year 2026

Lot Size 2,848 Sqft

Acres 0.07

Property Sub-Type Detached

Source BRIGHT

Property Description

Fully occupied 7-unit apartment building featuring six 1-bedroom apartments and one 2-bedroom apartment. All units are currently occupied and producing rental income. Current monthly gross rental income is approximately $5,910, or $70,920 annually.

Landlord is responsible for cold water, trash, exterminating, snow removal and landscaping. Building has one house electric meter. All tenants are currently in place, and the property has clean common hallways and well-maintained areas.

Most leases are month-to-month with 60 days' notice; the Section 8 tenancy requires 30 days' notice. Property is subject to real estate taxes. Seller is also addressing the real estate tax assessment, with the applicable appeal deadline in October 2026.

Strong opportunity for an investor seeking a fully occupied Philadelphia multifamily property with established rental income and multiple units. Buyer to independently verify all rents, leases, expenses, utility arrangements, unit configurations, and Section 8 information.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning RSA5

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Heat Source Electric

Exterior

Utilities Available Electric Available

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 3600

Sewer Public Sewer

Water Public

Architectural Style Georgian

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Ludlow James

High Schools Penn Treaty

School District The School District Of Philadelphia

Others

Tax ID 881075920

Ownership Fee Simple

SqFt Source 3600

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Chris Fuhrman

Your local Center City Philadelphia real estate agent.

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1722 N 7TH ST