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1412 S 7th Street

Philadelphia, PA 19147

– beds
– baths
12,528 sqft
6,937 sqft lot
$175 per sqft
1925 build

Introducing the Griffiti Lofts, a remarkable 8-unit fully occupied stabilized building located at 1412 S 7th St. This contemporary property features a combination of one-bedroom and two-bedroom apartments, each thoughtfully designed to maximize space and comfort. The building also offers 11 garage parking spaces, currently rented to tenants and neighbors, providing a valuable income stream. Renovated in 2013, the Griffiti Lofts seamlessly blend modern living with artistic flair. The common areas are adorned with captivating artwork that highlights the unique characteristics and vibrant culture of Philadelphia, creating an inviting atmosphere for residents and visitors alike. This property represents an excellent investment opportunity, with stable occupancy and a strong rental history. Located in a desirable neighborhood, the Griffiti Lofts provide easy access to local amenities, public transportation, and the bustling energy of the surrounding area. Don’t miss your chance to invest in this beautifully maintained building that showcases the best of urban living in Philadelphia. Please reach out to listing brokers for offering memorandum.

Listing courtesy of BRIGHT / SDG Management, LLC

Last checked: Checking… • Last updated Dec 17, 2024 •

MLS# PAPH2428758 —

The Building

Year Built:

1925
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Masonry
Building Units Total:

1
Structure Type:

Other
Architectural Style:

Contemporary
Accessibility Features:

None
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

12528

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

12528
Living Area SqFt:

12,528 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Immediate

Location

Directions:

GPS
Latitude:

39.93111038
Longitude:

-75.15655518

The Property

Property Type:

Multi-Family
Property Subtype:

Other
Lot Size Units:

Square Feet
Lot Size Acres:

0.16
Lot Size Source:

Assessor
Lot Size Dimensions:

30.00 x 173.00
Lot Dimensions Source:

Assessor
Lot SqFt:

6,937 Sqft
Zoning:

RSA5
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

CA0
Ground Rent Exists:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

881573530
Tax Year:

2024
Tax Lot:

4296
Tax Annual Amount:

$19,511
Tax Assessed Value:

$1,393,900
Year Assessed:

2024
School Tax:

10926.0
City/Town Tax:

8585.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Other
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Other
Water Source:

Public

Schools

School District Name:

Philadelphia City
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Total Garage and Parking Spaces:

11
Garage:

Yes
Garage Features:

Covered Parking
Garage Spaces:

11.00
Type of Parking:

Attached Garage
# of Attached Garage Spaces:

11

Extra Units

Other Units:

Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7
Vacation Rental:

No
One Bedroom Units:

5
Two Bedroom Units:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/17/24 Dec 17, 2024	Price Changed	BRIGHT	$2,200,000	15.8%
12/17/24 Dec 17, 2024	Listed / Active	BRIGHT	$1,900,000

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This multifamily located in South Philadelphia, Philadelphia, PA 19147 is currently for sale for $2,200,000. 1412 S 7th Street is a 12,528 square foot multifamily with – beds and – baths. 1412 S 7th Street is in the South Philadelphia neighborhood of Philadelphia and has a WalkScore® of 92, making it a walker’s paradise. This multifamily is in the attendance area of Horace Furness High School and Eliza B. Kirkbride School.

Listing Courtesy of: BRIGHT and SDG Management, LLC.

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.