1212 N 7TH ST Philadelphia, PA 19122
3,420 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,420 sqft
Price per Sqft $182
MLS Listing ID PAPH2590556
Style Straight Thru
Abv Grd Liv Area 3,420
Year Built 1915
Annual Tax Amount $9,924
Tax Year 2025
Lot Size 2,091 Sqft
Acres 0.05
Lot Dimensions 25.00 x 85.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Fantastic opportunity to own a tastefully renovated and well-maintained quadraplex in one of Philadelphia's fastest-growing neighborhoods. This property features four units and currently generates strong income, with the added bonus that the 1st-floor bi-level rear 2-bedroom unit is now vacant, making this an ideal opportunity for an owner-occupant or investor.
The building offers a desirable unit mix including: a charming first-floor studio with a lofted sleeping area, a spacious bi-level 2-bedroom unit spanning the 1st and 2nd floors with direct backyard access from the kitchen (now vacant), a second-floor front 1-bedroom unit, and an additional bi-level 2-bedroom unit spanning the 2nd and 3rd floors. A coin-operated laundry room with washer and dryer is conveniently located on the second floor, providing added tenant convenience and additional income potential.
All other units are currently tenant occupied with leases in place and tenants are happy and looking to stay, offering stability for the next owner.
For buyers considering living in the property, owner-occupancy offers major advantages, including the ability to secure lower interest rates, access special loan programs, and potentially benefit from lower down payment options compared to traditional investment financing. Best of all, the rental income from the other units can help offset monthly expenses and assist in paying down the mortgage, while still enjoying the pride of ownership and the freedom to improve and manage the property the way you want.
The surrounding area continues to see tremendous development with new construction townhomes, multi-unit buildings, and an expanding mix of shops and restaurants, including the newly opened destination at 7th & Girard Avenue. The U.S. Post Office is just steps away, and Northern Liberties is right across Girard, offering even more dining, shopping, and entertainment. Conveniently located near public transportation and neighborhood amenities, this property sits at the heart of a vibrant and rapidly developing community.
Don't miss this opportunity, schedule your showing today!
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RM1
Interior
Hot Water Electric
Heating Radiator, Hot Water
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Above Ground Finished SqFt 3420
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 141055800
Ownership Fee Simple
SqFt Source 3420
Special Listing Condition Standard
Virtual Tour https://vimeo.com/1122167572?fl=pl&fe=sh
NEARBY SCHOOLS & PROPERTIES