1917 N 7th St - Apartments FOR SALE


Philadelphia, PA 19122- North Philadelphia East
$1,650,000 USD
1917 N 7th St, Philadelphia, PA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/31
null | Request Cap Rate

1917 N 7th St
Philadelphia, PA 19122
North Philadelphia East


OVERVIEW

Amazing investment opportunity. This modern, fully occupied 6-unit multi-family property, built in 2019, is situated in the highly sought-after 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 four (4) 2-bedroom, 2-bathroom units, one (1) 3-bedroom, 3.5 bathroom unit, and one (1) 4-bedroom, 4-bathroom unit 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.).

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$329 USD /SF

# OF UNITS

6

PRICE/UNIT

$275,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2018

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

RM1

APN/PARCEL ID

202013201

ASK ABOUT THIS PROPERTY

Mike McCannKeller Williams EmpowerMore Info

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