$459,000 Price Analysis    ♡   Philadelphia, PA 19148 2 bed 3 bath 2,450 SqFt ($187/SqFt) 1,120SqFt lot. Built 1925 Listed 2024-04-12, Taxes $6,349 | Ⓧ USDA Ineligible due to location near Philadelphia |
Welcome to 1820 S 7th Street
A fantastic duplex with oversized garage nestled in the he art 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 exceptional condition and can be rented right away or spruced up even more with light cosmetic upgrdes 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 Piruz Partow at
Select Commercial Advisors.
Property MLS #PAPH2341682 from BrightMLS
1/2 Bathrooms: 1
Heating: Yes
Garage Features: Garage - Front Entry, Oversized
Parking Features: Attached Garage Spaces: 3, Attached Garage
Parking Total: 3
Lot Size Square Feet: 1120
Number of 1 Bedroom Units: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Half Bathrooms in Unit-1: 1
Map directions Map directions Map directionsSource Listing Status: Active
County: PHILADELPHIA
Source Property Type: Multi-Family
Area: PHILADELPHIA
Source Neighborhood: PHILADELPHIA
Postal Code Plus 4: 1744
Township: PHILADELPHIA
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $362,880 + $90,720 $453,600 | $6,349 |
| 2022 | $276,100 + $52,200 $328,300 | $4,595 |
| 2021 | $276,100 + $52,200 $328,300 | $4,595 |
| 2020 | $276,100 + $52,200 $328,300 | $4,595 |
| 2019 | $254,823 + $48,177 $303,000 | $4,241 |
| 2018 | $209,493 + $39,607 $249,100 | $3,486 |
| 2017 | $209,493 + $39,607 $249,100 | $3,486 |
| 2016 | $228,604 + $20,496 $249,100 | $3,486 |
| 2015 | $209,104 + $20,496 $229,600 | $3,076 |
| 2014 | $209,104 + $20,496 $229,600 | $3,076 |
| 2013 | $4,832 + $1,792 $6,624 | $647 |
| 2012 | $4,832 + $1,792 $6,624 | $624 |
| 2011 | $4,832 + $1,792 $6,624 | $601 |
| 2010 | $4,832 + $1,792 $6,624 | $547 |
| 2009 | $4,832 + $1,792 $6,624 | $547 |
| 2009 | $4,832 + $1,792 $6,624 | $547 |
$459,000
BrightMLS
Listing removed 2024-02-26
$0
BrightMLS
Price Changed 2023-09-11
$479,500
BrightMLS
Listed 2023-08-25
$509,500
BrightMLS
Listing removed 2023-01-04
$1,175
BrightMLS
Price Changed for rent 2022-11-30
$1,175
BrightMLS
Price Changed for rent 2022-11-02
$1,325
BrightMLS
Price Changed for rent 2022-09-06
$1,375
BrightMLS
Listed for rent 2022-08-22
$1,450
BrightMLS
Listing removed 2012-02-08
$150,000
BrightMLS
Sold 2009-04-01
$230,000
BrightMLS
Listed 2008-07-14
$249,900
BrightMLS
Listed 2006-12-18
$150,000
BrightMLS
Sold 2005-01-20
$90,000
Public Record
Year Built: 1925
Construction Materials: Masonry
Property Age: 99
House Style: Traditional
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.