1328 N 7th Street Philadelphia, PA 19122
Courtesy of Brandon Ribeiro, Keller Williams Liberty Place {attribution_contact}
Description
This newly constructed triplex at 1328 N 7th St offers the perfect opportunity for investors or owner-occupants looking to live in one unit while generating rental income from the other two. This property was built in 2018 with top-of-the-line finishes, including premium bamboo floors, high ceilings, and outdoor spaces for each unit. The property features three spacious units: Unit 1 is a 3-bedroom, 2.5-bath bi-level layout with two outdoor patios, currently rented for $1,990 with room for increase. Unit 2 is a 2-bedroom, 2-bath unit with a large deck and is currently vacant, ready for immediate occupancy. Unit 3 is a 2-bedroom, 2-bath unit with a private roof deck offering stunning skyline views, currently rented for $1,869 with room for increase. Located within walking distance to Northern Liberties and Fishtown, with easy access to I-95 and Broad St, this property is ideally situated in one of Philadelphia's most rapidly developing neighborhoods. With 4 years remaining on the tax abatement and located in an Opportunity Zone, this triplex offers unmatched flexibility. Whether you choose to live in one unit and rent the others, hold it as a rental property, or convert even it to condos for resale, the potential is undeniable. Don't miss your chance to secure a valuable asset in one of Philly's hottest markets - schedule your tour today!
Property Details and Features
Bathrooms
- 7 total bathrooms
- 7 bathrooms on main level
- 6 full bathrooms
- 6 full bathrooms on main level
- 1 half bathroom
- 1 half bathroom on main level
Bedrooms
- 5 bedrooms
- 5 bedrooms on main level
Building
- 3,204 sqft living area
- 3,204 sqft above grade (finished)
- Built in 2018
- 3 levels
- Masonry
Cooling
- Central Air
- Electric
- Central A/C
Heating
- Natural Gas
- Forced Air
Listing
- 4 days on market
- $273 per sqft
Location
- Municipality: PHILADELPHIA
- County: Philadelphia
- MLS Area: 19122 (19122)
- Subdivision: None Available
Lot
- 1,360 sqft
- Lot Size Dimensions: 17.00 x 80.00
- 0.03 acres
Property
- Other Structures: Above Grade,Below Grade
Schools
- School District: PHILADELPHIA CITY
Sewer
- Public Sewer
Taxes
- City/Town Tax: $1,416
- City/Town Tax Pymnt Freq: Annually
- County Tax Pymnt Freq: Annually
- School Tax: $1,802
- Tax Annual Amount: $3,219
- Tax Year: 2024
Utilities
- Hot Water: Natural Gas