2209 N 7th St,PHILADELPHIA, PA 19133
PHILADELPHIA, PA 19133
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.
Details
| MLS # | PAPH2638474 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | New Construction |
| Status | Active-bright |
| Days On Site | 97 |
| Listing Provided By | BHHS Fox & Roach-Center City Walnut | Varda Yosef |
Features
| Basement | Y |
|---|---|
| Units | 4 |
| Zoning | CMX2 |
| Acreage | 0.04 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Central, 90% Forced Air |
Exterior
| Construction Materials | Brick Front |
|---|---|
| Foundation Details | Concrete Perimeter, Permanent |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 940 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19133 |
| Area | 19122 (19122) |
| Community Name | NORRIS SQUARE |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in NORRIS SQUARE) | |
Price: $725,000 low | high Med: $190,500 On site: 97 low | high Med: 38 | |
Market Activity 19133
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19133 |
| Area | 19122 (19122) |
| Community Name | NORRIS SQUARE |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in NORRIS SQUARE) | |
Price: $725,000 low | high Med: $190,500 On site: 97 low | high Med: 38 | |
