2209 N 7th St, Philadelphia, PA 19133

$725,000

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List Price
$725,000
Days on Market
42
Status
ACTIVE
MLS#
PAPH2638474
Lot Size (Acres)
0.04
Style
Colonial
County
Philadelphia
School District
Philadelphia City

Property Description

Exceptional turnkey investment opportunity featuring a fully leased new construction triplex generating almost 6000per month and benefiting from a valuable 10-year tax abatement. This low-maintenance asset offers separate electric meters, modern construction, and strong in-place cash flow. The property consists of a 4-bedroom, 4-bath bi-level unit rented at $2,650/month, plus two 2-bedroom, 2-bath units rented at $1,595 and $1,700/month, with the top-floor unit featuring private roof deck access and skyline views. Each residence includes granite countertops, stainless steel appliances, luxury vinyl flooring, recessed lighting, central HVAC, in-unit laundry, and security system access. Strategically located just minutes from Temple University, Temple University Hospital, and within close proximity to Center City, Drexel University, the University of Pennsylvania, Jefferson Hospital, and other major medical and educational institutions, this fully occupied property is ideally positioned to attract a strong and consistent tenant base. With immediate income, minimal capital expenditure requirements, and strong long-term rental demand, this asset presents an outstanding opportunity for investors seeking stable cash flow and future appreciation in one of Philadelphia's fastest-growing neighborhoods.

Additional Information

Area
19122 (19122)
Subdivision
Norris Square
Taxes
$940
School District
Philadelphia City
Flooring
Luxury Vinyl Plank
Heating
Central, 90% Forced Air
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact: (215) 627-6005