Philadelphia, PA 19148,1820 S 7TH ST
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Philadelphia, PA 19148,1820 S 7TH ST
Philadelphia, PA 19148,1820 S 7TH ST
Philadelphia, PA 19148,1820 S 7TH ST
Philadelphia, PA 19148,1820 S 7TH ST

$450,000

Est. payment /mo

$459,000

2.0%
Est.Price: ?

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1820 S 7TH ST Philadelphia, PA 19148

2,450 SqFt

SOLD DATE : 11/22/2024

Key Details

Sold Price $450,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,450 sqft

Price per Sqft $183

MLS Listing ID PAPH2406022

Sold Date 11/22/24

Style Traditional

Abv Grd Liv Area 2,450

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $6,349

Tax Year 2024

Lot Size 1,120 Sqft

Acres 0.03

Lot Dimensions 16.00 x 70.00

Property Description

Welcome to 1820 S 7th Street, a fantastic duplex with oversized garage nestled in the heart of East Passyunk in South Philadelphia! Located in a vibrant and sought-after neighborhood, 1820 S 7th Street enjoys the best of both worlds: the tranquility of a residential area and the proximity to urban amenities. From eclectic eateries and trendy boutiques along Passyunk Ave to cultural landmarks and green spaces, this location truly offers a balanced city living experience. Just steps away from the popular Bok Bar, walkable to the Broad Street Line, the Italian Market, and more. This property presents a unique opportunity for a potential homeowner, but also investor, with both units currently rented out.

There are two generously sized units each containing one bedroom and one bathroom, with layouts that could allow the living rooms to be used as additional bedrooms and rented as two bedrooms. The units are in great condition and can be rented right away, or spruced up even more with light cosmetic upgrades to boost rents. The oversized garage, large enough for truck parking, is currently being rented at $1k!
Unit 2 has been rented for $1,295/mo. Gross rental income is: $42,240 putting it at a 6.5-7 cap rate.

Step onto the expansive bi-level roof deck and be captivated by breathtaking views of Center City Philadelphia. Whether you're entertaining guests or simply relaxing outdoors, this space offers a picturesque backdrop that's sure to impress. Don't miss out on this chance to own a piece of Philadelphia's charm while capitalizing on the income potential of a duplex property. Schedule a viewing today!

Location

State PA

County Philadelphia

Area 19148 (19148)

Zoning RSA5

Interior

Interior Features Kitchen - Eat-In, Additional Stairway

Hot Water None

Heating Baseboard - Electric

Cooling None

Fireplace N

Heat Source None

Exterior

Parking Features Garage - Front Entry, Oversized

Garage Spaces 3.0

Water Access N

Accessibility None

Attached Garage 3

Total Parking Spaces 3

Garage Y

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 012180600

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Samantha Lee Miller • Select Commercial Advisors
Bought with Elizabeth A Tumasz • Redfin Corporation

Kerry O'Hara

Advisor | License ID: 651712

+1(410) 507-0834

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