description
1917 N 7th Street,
Philadelphia,
PA
19122
A rare find with income increase potential. This sleek, expertly designed newly built by a well-known local development company property is made up of 6 modern units containing 15 bedrooms and 15.5 bathrooms. There are 4 units with two bedrooms and two bathrooms, 1 unit with three bedrooms and three bathrooms, and 1 unit with four bedrooms and four bathrooms. This property is five years young with five more years left in tax abatement. The diverse unit mix will allow for a quick and easy leasing in any season and with its excellent proximity to Temple University (5-minute walk), shopping, entertainment districts and restaurants, this community is an attractive destination for business trips, urban young professionals and students making it a unique opportunity for short-and long-term rentals alike. At present, this property, is fully leased to tenants all current with their leases, is in a unique position because of its outstanding location and has potential for increased income. This property would be an excelent addition to ones real estate investment portfolio and/or a great 1031 Exchange.
This is an Active listing.
Broker Office Phone Number: 215-583-7777
Copyright © 2023Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Realty Mark Cityscape-Huntingdon Valley via Data Source: Bright MLS
Price History
date | Price | variance | type |
---|
6/6/2023 | $1,749,999 | - | off market |
3/22/2023 | $1,749,999 | - | Listed |