1328 North 7th Street

Philadelphia, PA 19122

$830,000
Last Sold Price
Beds
3,824 Sq. Ft.
$217 / Sq. Ft.
3,824
Sq. Ft.
$217
per Sq. Ft.

Description

Enjoy the best of Fishtown, South Kensington and Northern Liberties! This triplex is located in one of Philadelphia's Opportunity Zones and is just a few blocks from all of the shops, restaurants and coffee houses that Frankford Ave and Fishtown have to offer and blocks to the Piazza and Northern Liberties. Unit #1 is a 3 bed, 2.5 bath bi-level unit with two outdoor patios that is rented for $1800/month and the lease expires 5/27/24. Unit #2 is a 2 bed, 2 bath unit with a deck that is rented for...Enjoy the best of Fishtown, South Kensington and Northern Liberties! This triplex is located in one of Philadelphia's Opportunity Zones and is just a few blocks from all of the shops, restaurants and coffee houses that Frankford Ave and Fishtown have to offer and blocks to the Piazza and Northern Liberties. Unit #1 is a 3 bed, 2.5 bath bi-level unit with two outdoor patios that is rented for $1800/month and the lease expires 5/27/24. Unit #2 is a 2 bed, 2 bath unit with a deck that is rented for $1475 and the lease expires 7/27/24 . Unit #3 is a 2 bed, 2 bath unit with private access to the full length roof deck with amazing skyline views that is rented for $1775/month and the lease expires 7/28/24. This 6-year young building offers plenty of options: buy and hold it as a rental building with strong cash flow, buy and occupy one of the units and rent the other two units or convert the building to three condos and sell them individually. All of the units have bamboo floors, high ceilings, outdoor space, recessed lighting, intercoms and tons of natural light. There are around 4 years remaining on the tax abatement. The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this reassessment on future real estate taxes, please contact the City of Philadelphia. Compass RE is not involved in the City of Philadelphia’s tax reassessment and does not have any input or control in the results.

Listing Agent

  1. Keith Adams

    Keith Adams

    Listing Agent

    Compass

Property Details for 1328 North 7th Street

Tax ID Number
141057900
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Other
Waterfront
No
Views
City
Garage
No
Expected On Market Date
04-21-2023

Location

Sold By Compass Pennsylvania, LLC

Add your commute
LISTING UPDATED: 08/10/2023 04:49 PM

Property Details for 1328 North 7th Street

StatusClosed
MLS #PAPH2225698
Days on Market71
Taxes$3,219 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2018
Lot Size0.03 AC / 1,360 SF
CountyPhiladelphia County

Building

1328 N 7th St

2 StoriesBuilt in 2018

Location

Sold By Compass Pennsylvania, LLC

Add your commute

Building Information for 1328 North 7th Street

Stories2Residences-Year Built2018Building Size-Lot Size0.03 AC / 1,360 SF

Payment Calculator

$4,798 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,530

Property Taxes

$268

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1328 North 7th Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19122 (19122)
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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $229,980
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $1,452
  • Land Assessed Value: $229,980
  • Clean Green Assessed: No
  • Land Use Code: W50
  • Zoning: RM1
  • Tax Lot: 25
  • School Tax: $1,766
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water, Taxes - Real Estate, Snow Removal, Insurance
  • Concessions: Yes
  • Concessions Amount: $12,246
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 1
  • Units Leased Count: 3
Financial Information
Expenses
  • Operating Expense Includes: Insurance, Snow Removal
Financial Information
  • Annual Rental Income: $60,600
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 3,824.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 17.00 x 80.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 961100
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Floor Plan - Open, Intercom, Primary Bath(s), Recessed Lighting, Sprinkler System, Tub Shower, Wood Floors
  • Appliances: Dishwasher, Disposal, Dryer, Intercom, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Accessibility Features: None
  • Door Features: Sliding Glass
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data

Property History for 1328 North 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1328 North 7th Street

Taxable ValueLand-Additions-Total-
Tax Record2023$3,219 ($268 / month)
Home Facts
Total Finished SqFt3,204 SqFtAbove Grade Finished SqFt3,204 SqFtStories3Lot Size1,360 SqFtStyleMulti-Family Dwelling (2-4)Year Built2018ZoningRM1CountyPHILADELPHIAAPN14-1-0579-00

Schools near 1328 North 7th Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ludlow James R School
PublicPK to 8

Penn Treaty Middle School
Public6 to 12

Bodine William W High School
Public9 to 12

The U School: Innovative Lab
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.

Neighborhood Map and Transit

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.