2233 S 7th Street
Philadelphia, PA 19148
- – beds
- – baths
- 2,985 sqft
- 1,040 sqft lot
- $224 per sqft
- 1915 build
Property Listing: Prime Multi-Unit Investment Opportunity in South Philadelphia OVERVIEW: This fully occupied multi-unit property presents a unique investment opportunity in the heart of South Philadelphia. Boasting two spacious three-bedroom residential units and a fully equipped commercial space ideal for a restaurant, this property is perfectly situated on a bustling commercial corridor. Also eligible for Philadelphia's forgivable loan program. RESIDENTIAL UNITES Two 3-Bedroom Units -Each unit features a modern layout, ample natural light, and attractive finishes. Ideal for families or young professionals, these units provide comfortable living spaces with well-appointed kitchens and bathrooms. Fully Occupied: Both residential units are currently leased, providing immediate rental income and a solid return on investment. COMMERICAL SPACE Restaurant Ready - The commercial unit is fully equipped with brand new restaurant-grade kitchen equipment, ready for your culinary vision. This space features an open layout that can accommodate a dining area, allowing for a vibrant dining atmosphere. Prime Location- Located on a busy commercial corridor, this space benefits from high foot traffic and visibility, making it an excellent choice for a new or expanding restaurant, with extra storage in the basement. PROPERTY FEATURES Total Units: 3 (2 residential, 1 commercial) Location: Conveniently positioned in South Philadelphia, close to public transportation, major highways, and local attractions on the corner of 7th and Moyamensing Investment Potential: With two residential units and a commercial tenant, generating consistent income this property offers a fantastic investment opportunity in a thriving neighborhood. Don’t miss out on this exceptional property that combines residential and commercial potential in a highly sought-after area. Schedule a viewing today to explore the possibilities!
Listing courtesy of BRIGHT / KW Empower
Last checked:
Checking…
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Last updated Nov 8, 2024
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MLS# PAPH2414514 —
The Building
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Year Built:1915
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Structure Type:End of Row/Townhouse
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Architectural Style:Straight Thru
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Building Units Total:3
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Accessibility Features:None
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Foundation Details:Slab
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2985
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2985
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Living Area SqFt:2,985 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:GPS
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Latitude:39.92082977
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Longitude:-75.15840912
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.02
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Lot Size Source:Assessor
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Lot Size Dimensions:17.00 x 78.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,040 Sqft
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Zoning:CMX25
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:Y50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 360-3236
- Office phone:
- (215) 627-3500
Taxes
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Tax ID Number:871555480
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Tax Year:2024
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Tax Lot:121
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Tax Annual Amount:$4,582
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Tax Assessed Value:$327,400
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Year Assessed:2024
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School Tax:2566.0
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City/Town Tax:2016.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Radiant
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2,Unit 3
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Vacation Rental:No
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Single Room Units:1
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Three Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/6/24
Nov 6, 2024
|
Listed / Active | BRIGHT | $670,000 |