Investments Sales Management

1722 N 7TH STREET

PHILADELPHIA, PA 19122

MLS#: PAPH2663662

$888,000

Status: Active
Listing number: PAPH2663662
Listing provided by: Premium Realty Castor Inc
Listing agent phone: None
Last update: 8 days ago
On site: 9 days ago
Browse Properties
OLDE KENSINGTON - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1915

Sq.Footage

3,600

Fully occupied 7-unit apartment building featuring six 1-bedroom apartments and one 2-bedroom apartment. All units are currently occupied and producing rental income. Current monthly gross rental income is approximately $5,910, or $70,920 annually. Landlord is responsible for cold water, trash, exterminating, snow removal and landscaping. Building has one house electric meter. All tenants are currently in place, and the property has clean common hallways and well-maintained areas. Most leases are month-to-month with 60 days' notice; the Section 8 tenancy requires 30 days' notice. Property is subject to real estate taxes. Seller is also addressing the real estate tax assessment, with the applicable appeal deadline in October 2026. Strong opportunity for an investor seeking a fully occupied Philadelphia multifamily property with established rental income and multiple units. Buyer to independently verify all rents, leases, expenses, utility arrangements, unit configurations, and Section 8 information.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Electric, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.07

  • Lot Size(square feet)

    2,848

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $888,000

  • Tax Amount

    $7,224

  • Sq. Footage

    3,600

  • Price/SqFt

    $246

HOA

  • Association

    No

School District

  • Elementary School

    LUDLOW JAMES

  • Middle School

    N/A

  • High School

    PENN TREATY

Property Features

  • Stories

    3

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

PHILADELPHIA

Elementary School

LUDLOW JAMES

Middle School

High School

PENN TREATY

Listing Courtesy of FANG TAN, Premium Realty Castor Inc

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Agent Theresa Kehler

Owner, President, Investment Property Advisor

Theresa Kehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Fully occupied 7-unit apartment building featuring six 1-bedroom apartments and one 2-bedroom apartment. All units are currently occupied and producing rental income. Current monthly gross rental income is approximately $5,910, or $70,920 annually. Landlord is responsible for cold water, trash, exterminating, snow removal and landscaping. Building has one house electric meter. All tenants are currently in place, and the property has clean common hallways and well-maintained areas. Most leases are month-to-month with 60 days' notice; the Section 8 tenancy requires 30 days' notice. Property is subject to real estate taxes. Seller is also addressing the real estate tax assessment, with the applicable appeal deadline in October 2026. Strong opportunity for an investor seeking a fully occupied Philadelphia multifamily property with established rental income and multiple units. Buyer to independently verify all rents, leases, expenses, utility arrangements, unit configurations, and Section 8 information.

1722 N 7TH STREET

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