1512 N 7th St, PHILADELPHIA, PA

$599,900

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2,517

Square feet

0.04

Acres

About 1512 N 7th St

Ready for your next investment in a rapidly growing and developing neighborhood? This legal triplex is in the heart of Olde Kensington, surrounded by character as well as new construction. Expand your existing portfolio or start to build wealth by living in one unit and renting out the other two! Rents for two bedroom units in the area range from $1,300 to $2,400 and rents for three bedroom units range from $1,525 to $3,900. The current owners have been meticulous in maintaining each unit, maintaining licensing and Lead Safe Certification (currently certified until 2025). Property has fire alarm system throughout. First floor unit is three bedrooms and one full bathroom. There is basement access through the first floor unit with access to another room with closets and a second full bathroom. This room can be locked to separate from the rest of the basement. Basement is also accessible through the entry hallway. Basement contains all mechanics for the building- three separate water heaters (2016, 2016, 2020) and heaters (unk, 2020, 2020) and gas/electric meters. Water is paid by owner. There is room for laundry in the basement. Second Floor unit is two bedrooms and one bath and third floor unit is two bedrooms and one bath. There is an outdoor living area that is fenced in with a locking gate on the side of the home. This property is convenient to public transportation, 95, Girard Ave, and lots of new restaurants and things to enjoy!

Features of 1512 N 7th St

MLS® # PAPH2165322
Price $599,900
Bathrooms 0.00
Square Footage 2,517
Acres 0.04
Year Built 1915
Type Multi-Family
Sub-Type Triplex, End of Row/Townhouse
Style Traditional
Status Active

Community Information

Address 1512 N 7th St
Area 19122
Subdivision OLDE KENSINGTON
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19122

Amenities

Is Waterfront No

Interior

Heating Hot Water
Cooling None
Has Basement Yes
Basement Full
Fireplace No

Exterior

Exterior Features Patio
Foundation Other

School Information

District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information

Date Listed September 30th, 2022
Days on Market 127
Zoning RM1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX 2000

Listing Map

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