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1512 N 7TH Street

PHILADELPHIA, PA 19122
  • $554,900
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: PAPH2230616
Price Reduced
UPDATED: 52 min ago
$554,900
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,517
    SQFT
  • $220
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

Description

Ready for your next investment in a rapidly growing and developing neighborhood? This legal triplex is in the heart of Olde Kensington, surrounded by character as well as new construction. Expand your existing portfolio or start to build wealth by living in one unit and renting out the other two! All three units are vacant and ready to rent. Rents for two bedroom units in the area range from $1,300 to $2,400 and rents for three bedroom units range from $1,525 to $3,900. The current owners have been meticulous in maintaining each unit, maintaining licensing and Lead Safe Certification (currently certified until 2025). Roof is brand new- replaced in March 2023 with a transferrable warranty. Property has fire alarm system throughout. First floor unit is three bedrooms and one full bathroom. There is basement access through the first floor unit with access to another room with closets and a second full bathroom. This room can be locked to separate from the rest of the basement. Basement is also accessible through the entry hallway. Basement contains all mechanics for the building- three separate water heaters (2016, 2016, 2020) and heaters (unk, 2020, 2020) and gas/electric meters. Water is paid by owner. There is room for laundry in the basement. Second Floor unit is two bedrooms and one bath and third floor unit is two bedrooms and one bath. There is an outdoor living area that is fenced in with a locking gate on the side of the home. This property is convenient to public transportation, 95, Girard Ave, and lots of new restaurants and things to enjoy!

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©2023 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. 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. Data last updated: 2023-05-28T10:51:21.507.
www.amandakrallteam.com/homes/139098848
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1512 N 7TH Street PHILADELPHIA, PA 19122

  • Price: $554,900
  • Status: Active
  • On Site: 26 Days
  • Updated: 52 min ago
  • ID#: PAPH2230616
0
Beds
0
Baths
0
½ Baths
0.04
Acres
2,517
SQFT
$220
$/SQFT
1915
Built
Neighborhood:
Olde Kensington
County:
Philadelphia
Area:
19122 (19122)
School District:
The School District Of Philadelphia
Property Description
Ready for your next investment in a rapidly growing and developing neighborhood? This legal triplex is in the heart of Olde Kensington, surrounded by character as well as new construction. Expand your existing portfolio or start to build wealth by living in one unit and renting out the other two! All three units are vacant and ready to rent. Rents for two bedroom units in the area range from $1,300 to $2,400 and rents for three bedroom units range from $1,525 to $3,900. The current owners have been meticulous in maintaining each unit, maintaining licensing and Lead Safe Certification (currently certified until 2025). Roof is brand new- replaced in March 2023 with a transferrable warranty. Property has fire alarm system throughout. First floor unit is three bedrooms and one full bathroom. There is basement access through the first floor unit with access to another room with closets and a second full bathroom. This room can be locked to separate from the rest of the basement. Basement is also accessible through the entry hallway. Basement contains all mechanics for the building- three separate water heaters (2016, 2016, 2020) and heaters (unk, 2020, 2020) and gas/electric meters. Water is paid by owner. There is room for laundry in the basement. Second Floor unit is two bedrooms and one bath and third floor unit is two bedrooms and one bath. There is an outdoor living area that is fenced in with a locking gate on the side of the home. This property is convenient to public transportation, 95, Girard Ave, and lots of new restaurants and things to enjoy!
Exterior Features

Architectural Style Traditional Construction Materials Masonry Garage YN No Parking Types On Street Patio And Porch Features Patio(S) Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2517 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Heating Hot Water Heating YN Yes Inclusions All Appliances (Three Refrigerators And Three Ranges) Picnic Tables Outside Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 2

Property Features

Acceptable Financing CashConventionalFhaVa Accessibility Features None Assessment Year 2023 Central Air YN No Cooling Fuel None Foundation Details Other Heating Fuel Natural Gas Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 0 Number Of Units Total 3 Original MLSNumber 802312290444 Ownership Interest Fee Simple Possession Immediate Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 2717.00 Tax Assessment Amount 194100.00 Tax Lot 198 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Keller Williams Real Estate - Newtown: .


©2023 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate. 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. Data last updated: 2023-05-28T10:51:21.507.
 
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