PA > Philadelphia > Olde Kensington
Philadelphia, PA 19122,1520 N 7TH ST
Philadelphia, PA 19122,1520 N 7TH ST
Philadelphia, PA 19122,1520 N 7TH ST
20
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$1,550,000
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7,326 SqFt
New

1520 N 7TH ST Philadelphia, PA 19122

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Nathaniel Arnold

Nathaniel Arnold

+1(301) 440-6754

UPDATED:

01/09/2025 07:45 PM

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 7,326 sqft

Price per Sqft $211

Subdivision Olde Kensington

MLS Listing ID PAPH2433092

Style Other

Abv Grd Liv Area 7,326

Originating Board BRIGHT

Year Built 2019

Annual Tax Amount $2,144

Tax Year 2024

Lot Size 2,261 Sqft

Acres 0.05

Lot Dimensions 33.00 x 69.00

Property Description

Amazing investment opportunity. This modern, fully occupied 5-unit multi-family property, built in 2020, is situated in the highly sought-after Olde Kensington neighborhood of Philadelphia just steps from the Main Campus of Temple University as well as Fishtown and Northern Liberties. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors, and includes approximately five years remaining on a tax abatement. The unit mix includes two (2) 1-bedroom, 1.5-bathroom units, one (1) bi-level 2-bedroom, 2.5-bathroom unit, and two (2) bi-level 3-bedroom, 3-bathroom units, one with private backyard access. Don't miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Nine property portfolio, can be purchased individually or as a full / partial portfolio (2243 N. Broad St., 2207 N. Broad St., 1730 Ridge Ave., 1230 N Marshall St., 1520 N. 7th St., 1805 N. 6th St., 1917 N. 7th St., 2010 N. 8th St., 1540 W. Tioga St.).

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning RM1

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 202022200

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Jim Onesti • KW Empower

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agent

Nathaniel Arnold

SRES - Seniors Real Estate Specialist | License ID: 6109

+1(301) 440-6754

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1520 N 7TH ST