2008 S 7th St

3
Baths
1,945 Sq. Ft.
$147 / Sq. Ft.
1,945
Sq. Ft.
$147
per Sq. Ft.

Description

Exceptional Investment Opportunity Awaits You! Welcome to 2008 S. 7th Street, an impeccably maintained Triplex nestled in the highly sought-after South Philadelphia neighborhood. This property presents a lucrative investment prospect that you won't want to miss. The first-floor apartment, featuring a welcoming front entrance, boasts 2 bedrooms and a full bath. While currently occupied, the tenant will vacate prior to settlement, providing you with immediate flexibility. The second and third-floor...Exceptional Investment Opportunity Awaits You! Welcome to 2008 S. 7th Street, an impeccably maintained Triplex nestled in the highly sought-after South Philadelphia neighborhood. This property presents a lucrative investment prospect that you won't want to miss. The first-floor apartment, featuring a welcoming front entrance, boasts 2 bedrooms and a full bath. While currently occupied, the tenant will vacate prior to settlement, providing you with immediate flexibility. The second and third-floor apartments, accessible through a secured gated side alley, are currently vacant. The second-floor apartment is comprised of 3 bedrooms, one conveniently situated adjacent to the stairs, along with a full bath. Ascend to the third floor, where a 2-bedroom apartment awaits, complete with a full bath and a staircase leading to roof access. In 2023, significant updates were made to enhance the property's value and longevity. A brand-new main roof, downspout, and white aluminum metal perimeter installation ensure structural integrity, while a fresh waterproofing cement sealant adds an extra layer of protection. The secondary roof underwent comprehensive sealing and coating for added durability. Moreover, the sewer main was fully replaced in 2023, featuring new plumbing up to the city sewer connection in the street. This demonstrates a commitment to modernization and longevity, giving you peace of mind as an investor. Beyond the property's features, its strategic location adds to its appeal. Enjoy close proximity to public transportation and shopping, making it convenient for both tenants and potential buyers alike. Additionally, easy commuting access to Center City landmarks, Lincoln Financial Field, Citizens Bank Park, and the Wells Fargo Center in South Philadelphia enhances its overall desirability. Don't let this incredible income-generating property slip through your fingers. Seize the opportunity to invest wisely in a well-maintained triplex situated in the heart of South Philadelphia. Cash or Conventional purchases ONLY.
  1. Listed by Philip Winicov • RE/MAX Preferred - Newtown Square
    P: (610)-613-5771 phil@philwinicov.com

Property Details for 2008 South 7th Street

Tax ID Number
393180300
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Views
City
Garage
No
Subdivision
WHARTON
LISTING UPDATED: 03/21/2024 01:28 PM

Property Details for 2008 South 7th Street

StatusClosed
MLS #PAPH2323230
Days on Market5
Taxes$4,428 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.02 AC / 758 SF
CountyPhiladelphia County

Location

Listing Courtesy of RE/MAX Preferred - Newtown Square

Sold By BHHS Fox & Roach-Blue Bell

Add your commute

Building Information for 2008 South 7th Street

Stories-Residences3Year Built1915Building Size-Lot Size0.02 AC / 758 SF

Payment Calculator

$1,758 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,389

Property Taxes

$369

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2008 South 7th Street

Location
Location
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Lots less than 5 miles, Commuter Rail Station 1 to 5 miles
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19148 (19148)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $316,400
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $253,120
  • City Town Tax: $1,998
  • Land Assessed Value: $63,280
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: W50
  • Historic: No
  • Zoning: CMX2
  • Tax Lot: 357
  • School Tax: $2,430
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Furnished: None
  • Units Leased Count: 1
  • Number Of Units Vacant: 2
  • Number Of Units Month To Month: 1
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 689
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Total Rooms: 4
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Level: 2
  • Unit Type Finished SQFT: 693
  • Beds Total: 3
  • Full Baths Count: 1
  • Total Rooms: 5
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Level: 3
  • Unit Type Finished SQFT: 563
  • Beds Total: 2
  • Half Baths Count: 4
  • Full Baths Count: 1
  • Total Rooms: 4
Financial Information
Financial Information
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Level Count: 4
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Road Surface Type: Paved
  • Road Responsibility: City/County
  • Location Type: Urban
  • Parcel ID: 1145022
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
  • Parking Features: Public
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Flood Lights, Sidewalks, Street Lights
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS
  • List Agent URL: philwinicov.com

Property History for 2008 South 7th Street

DateEvent & SourcePriceAppreciation
Mar 21, 2024

Closed

BRIGHT #PAPH2323230

$285,000
Mar 15, 2024

Closed (Public Record)

Public Record #1529478989

$285,000

+9.5% / yr

Feb 29, 2024

Pending

BRIGHT #PAPH2323230

Feb 26, 2024

Listed (Active)

BRIGHT #PAPH2323230

$285,000
Feb 16, 2024

Withdrawn

BRIGHT #PAPH2302582

Jan 21, 2024

Price Change

BRIGHT #PAPH2302582

$379,900
Dec 5, 2023

Listed (Active)

BRIGHT #PAPH2302582

$419,900
Oct 8, 2008

Closed (Public Record)

Public Record #265321241

$70,000
Oct 8, 2008

Closed

BRIGHT #1005836666

$70,000
Aug 7, 2008

Pending

BRIGHT #1005836666

Jun 30, 2008

Listed (Active)

BRIGHT #1005836666

$215,000
Jan 14, 2008

Closed (Public Record)

Public Record #271018754

$70,000

-19.5% / yr

Nov 4, 2006

Expired

BRIGHT #PAPH659598

$209,000
May 4, 2006

Listed (Active)

BRIGHT #PAPH659598

$220,000
Nov 14, 2005

Closed (Public Record)

Public Record #240240481

$112,000
DateEvent & SourcePrice
03/21/2024

Closed

BRIGHT #PAPH2323230

$285,000
03/15/2024

Closed (Public Record)

Public Record #1529478989

$285,000

+9.5% / yr

02/29/2024

Pending

BRIGHT #PAPH2323230

02/26/2024

Listed (Active)

BRIGHT #PAPH2323230

$285,000
02/16/2024

Withdrawn

BRIGHT #PAPH2302582

01/21/2024

Price Change

BRIGHT #PAPH2302582

$379,900
12/05/2023

Listed (Active)

BRIGHT #PAPH2302582

$419,900
10/08/2008

Closed (Public Record)

Public Record #265321241

$70,000
10/08/2008

Closed

BRIGHT #1005836666

$70,000
08/07/2008

Pending

BRIGHT #1005836666

06/30/2008

Listed (Active)

BRIGHT #1005836666

$215,000
01/14/2008

Closed (Public Record)

Public Record #271018754

$70,000

-19.5% / yr

11/04/2006

Expired

BRIGHT #PAPH659598

$209,000
05/04/2006

Listed (Active)

BRIGHT #PAPH659598

$220,000
11/14/2005

Closed (Public Record)

Public Record #240240481

$112,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2008 South 7th Street

Taxable ValueLand$55,060Additions$220,240Total$275,300
Tax Record2025$3,854 ($321 / month)
Home Facts
Total Finished SqFt1,680 SqFtAbove Grade Finished SqFt1,680 SqFtStories3Lot Size758 SqFtStyleMulti-Family Dwelling (2-4)Year Built1915ZoningCMX2CountyPHILADELPHIAAPN39-3-1803-00

Schools near 2008 South 7th Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Southwark School
PublicPK to 8

South Philadelphia High School
Public9 to 12

Academy At Palumbo
Public9 to 12

Creative And Performing Arts
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of RE/MAX Preferred - Newtown Square

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.