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1934 N 7th St

Philadelphia PA 19122

9
3888 sq. ft.
2355 sq. ft.
Duplex
Currently for sale - view listing

Overview

1934 N 7th St is a fully leased, fully renovated 10-bed/6-bath triplex currently generating $4,535/month ($54,420/year) in gross rental income — available for sale and suited for a wide range of buyers. Live in one unit and let the other two offset your carrying costs, move in with friends or family and occupy the whole building, or buy and hold as a turn-key income property. Can be purchased with 1936 N 7th St, a similar triplex as well! Located within walking distance to Temple University and the regional rail station, yet far enough removed that the block maintains a solid mix of long-term tenants and homeowners. A short drive to Fishtown's best restaurants and nightlife, and positioned between Temple and the growing North American corridor, this remains one of the few pockets in Philadelphia where quality multifamily can still be acquired at a realistic price point. The property was recently fully renovated throughout. Each unit features gorgeous kitchens with ample countertop space and oversized sinks, mood-setting light fixtures, central AC and heat, and an in-unit washer/dryer. Bedrooms are well-sized, ceilings are tall, and every unit receives excellent natural light. A rear staircase doubles as fire egress and patio access, giving all three units shared use of the backyard. Unit breakdown: Unit 1 — 3 bed/2 bath | Unit 2 — 3 bed/2 bath | Unit 3 — 4 bed/2 bath. All units are currently leased. Pro forma and full financials available upon request, with projected rents of $5,250/month, reflect near-term upside as leases roll with NO major improvements to the property.

Features

9 bedrooms
3888 sq. ft. floor area
2355 sq. ft. lot size
Duplex

Property history for 1934 N 7th St

2017
Sold
Undisclosed
20 Sep 2017

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Local market activity for 9 bedroom duplexes in Philadelphia

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