This cash flowing three-unit property sits in the coveted 19122 zip code, just a short stroll away from the bustling shops, eateries, and coffee shops of Frankford Ave and Fishtown, and steps away from the Piazza and Northern Liberties. Unit #1 is a split-level unit with three bedrooms and three bathrooms, includes a large living space with rear yard, and is rented for $1831/month with a lease ending on 6/23/2025. Unit #2, a two-bedroom, one and a half-bathroom unit, featuring a large layout with wrap-around kitchen and rear deck, which is leased for $1500/month, through 8/26/2025. Unit #3 has two bedrooms and two bathrooms, plus exclusive access to a private roof deck offering spectacular cityscape views, rented for $1650/month with the lease expiring on 7/26/2025. The building, built in 2017, provides ownership with several options: keep it as a high cash flowing rental property, live in one unit while leasing the others, or transform the property into three condominiums for individual sale. Each unit has been well maintained since completing and features high ceilings, private outdoor areas, recessed lighting, intercom systems, and abundant natural light. The property still has about four years left on its tax abatement. 3D tours available in the video section, pro-forma available upon request.
For sale
$835,000
1218 N 7th St, Philadelphia, PA 19122
7beds
--baths
3,315sqft
Est.:
Townhouse
Built in 2017
-- sqft lot
$798,700 Zestimate®
$252/sqft
$-- HOA
What's special
Private outdoor areasIntercom systemsWrap-around kitchenAbundant natural lightSplit-level unitHigh ceilingsRecessed lighting
- 207 days
- on Zillow |
- 62 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: January 24, 2025 at 04:54am
Listed by:
Jonathan Beaulieu 215-967-2668,
JBMP Group 2677972175
Source: Bright MLS,MLS#: PAPH2410704

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
Basement
- Area: 0
Heating
- Other, Natural Gas
Cooling
- Central Air, Other
Appliances
- Included: Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,315
- Total interior livable area: 3,315 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,071 Square Feet
- Dimensions: 25.00 x 85.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 141056110
- Zoning: RM-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Other
Condition
- New construction: No
- Year built: 2017
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $252/sqft
- Tax assessed value: $168,700
- Annual tax amount: $2,361
- Date on market: 10/16/2024
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
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