13
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$2,200,000
Est. payment /mo
10,000 SqFt
Active
2501 N 7TH ST Philadelphia, PA 19133
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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $220
Subdivision Olde Kensington
MLS Listing ID PAPH2457598
Originating Board BRIGHT
Year Built 2023
Annual Tax Amount $845
Tax Year 2024
Lot Size 1,358 Sqft
Acres 0.03
Lot Dimensions 14.00 x 97.00
Property Sub-Type Five Or More Units
Property Description
Presenting an exceptional investment opportunity: a package of three newly constructed properties at 2501, 2326, and 2106 N 7th Street in Philadelphia's 19133 ZIP code, collectively offering a total of 10 modern residential units. Each property is thoughtfully designed with contemporary finishes and amenities to attract quality tenants. Located in a rapidly developing neighborhood, these properties benefit from strong rental demand and proximity to public transportation, major roadways, and local amenities, making them an attractive addition to any investment portfolio. The 19133 ZIP code has experienced a 1.6% increase in home values over the past year, reflecting a positive trend in property appreciation. Philadelphia's comprehensive plan emphasizes economic development and housing initiatives, aiming to build healthy neighborhoods with affordable housing choices and convenient local shopping options. The city's Department of Planning and Development collaborates with communities to promote and develop successful neighborhoods, further enhancing the area's appeal. Investing in these properties not only offers immediate rental income but also positions stakeholders to benefit from the ongoing growth and revitalization efforts in this dynamic Philadelphia community.
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning RM1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 371061700
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by Joseph M. Loonstyn Jr. • Scope Commercial Real Estate Services, Inc.