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1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
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1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
1216 N 7th St
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1216 N 7th St
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1216 N 7th St
1216 N 7th St
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$800,000

1216 N 7th St

3 Beds 3,315 Sq.Ft.

Description

This cash flowing three-unit property sits in the coveted 19122 zip code, just a short stroll away from the bustling shops, eateries, and coffee shops of Frankford Ave and Fishtown, and steps away from the Piazza and Northern Liberties. Unit #1 is a split-level unit with three bedrooms and three bathrooms, includes a large living space with rear yard, and is rented for $1950/month with a lease ending on 7/28/24. Unit #2, a two-bedroom, one and a half-bathroom unit, featuring a large layout with wrap-around kitchen and rear deck, which is leased for $1500/month, through 7/3/24. Unit #3 has two bedrooms and two bathrooms, plus exclusive access to a private roof deck offering spectacular cityscape views, rented for $1600/month with the lease expiring on 6/27/24. The building, built in 2017, provides ownership with several options: keep it as a high cash flowing rental property, live in one unit while leasing the others, or transform the property into three condominiums for individual sale. Each unit has been well maintained since completing and features high ceilings, private outdoor areas, recessed lighting, intercom systems, and abundant natural light. The property still has about four years left on its tax abatement. 3D tours available in the video section, pro-forma available upon request.

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Location

1216 N 7th St, Philadelphia, PA 19122

Status

Sold
Tom Englett

Tom Englett

TITLE

Real Estate Professional

Property Amenities

Interior
Total Bedrooms: 3
Area & Lot
Lot Area 2,070 Sq.Ft.
Living area 3,315 Sq.Ft.
MLS® ID PAPH2258700
Year Built 2017
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Architecture Styles Other
Type Multi-Family
Status Sold
Exterior
Air conditioning Central Air
Heat type Natural Gas
Water Source Public
Sewer Public Sewer
Finance
Sales Price $800,000
Real Estate Tax $2,239 yearly

360 Virtual Tour

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Fishtown

Living in Fishtown, Philadelphia: Artistic Flair, Culinary Excellence, and Community Vibe in a vibrant neighborhood with creative energy, historic charm, and a welcoming community near Center City.

More Than a Transaction

Tom builds lasting relationships — not just real estate deals. Experience a client-first approach designed around your goals, timeline, and peace of mind. Schedule a call and see how Tom can help you move forward.