1512 North 7th Street
1512 North 7th Street
$495,000
—
2,517
2,517
$197
Closed 8/28/23
Description
Ready for your next investment in a rapidly growing and developing neighborhood? This legal triplex is in the heart of Olde Kensington, surrounded by character as well as new construction. Expand your existing portfolio or start to build wealth by living in one unit and renting out the other two! All three units are vacant and ready to rent. Rents for two bedroom units in the area range from $1,300 to $2,400 and rents for three bedroom units range from $1,525 to $3,900. The current owners have been...Ready for your next investment in a rapidly growing and developing neighborhood? This legal triplex is in the heart of Olde Kensington, surrounded by character as well as new construction. Expand your existing portfolio or start to build wealth by living in one unit and renting out the other two! All three units are vacant and ready to rent. Rents for two bedroom units in the area range from $1,300 to $2,400 and rents for three bedroom units range from $1,525 to $3,900. The current owners have been meticulous in maintaining each unit, maintaining licensing and Lead Safe Certification (currently certified until 2025). Roof is brand new- replaced in March 2023 with a transferrable warranty. Property has fire alarm system throughout. First floor unit is three bedrooms and one full bathroom. There is basement access through the first floor unit with access to another room with closets and a second full bathroom. This room can be locked to separate from the rest of the basement. Basement is also accessible through the entry hallway. Basement contains all mechanics for the building- three separate water heaters (2016, 2016, 2020) and heaters (unk, 2020, 2020) and gas/electric meters. Water is paid by owner. There is room for laundry in the basement. Second Floor unit is two bedrooms and one bath and third floor unit is two bedrooms and one bath. There is an outdoor living area that is fenced in with a locking gate on the side of the home. This property is convenient to public transportation, 95, Girard Ave, and lots of new restaurants and things to enjoy!
- Listed by Bonnie E Frain • Keller Williams Real Estate - NewtownP: 2155106651 bonnie.frain@gmail.com
Property Details for 1512 North 7th Street
Tax ID Number
202021800
OwnershipFee Simple
Structure TypeEnd of Row/Townhouse
StyleTraditional
WaterfrontNo
GarageNo
SubdivisionOLDE KENSINGTON
SubdivisionOLDE KENSINGTON (PHILADELPHIA PA)
Location
LISTING UPDATED: 09/08/2023 01:45 PM
Property Details for 1512 North 7th Street
Status | Closed |
---|---|
MLS # | PAPH2230616 |
Days on Market | 84 |
Taxes | $2,717 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1915 |
Lot Size | 0.04 AC / 1,807 SF |
County | Philadelphia County |
Location
Building Information for 1512 North 7th Street
Stories-Residences3Year Built1915Building Size-Lot Size0.04 AC / 1,807 SF
Payment Calculator
$2,928 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1512 North 7th Street
Property History for 1512 North 7th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1512 North 7th Street
Taxable ValueLand$38,820Additions$155,280Total$194,100
Tax Record2023$2,717 ($226 / month)
Home Facts
Total Finished SqFt2,517 SqFtAbove Grade Finished SqFt2,517 SqFtStories3Lot Size1,807 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningRM1CountyPHILADELPHIAAPN20-2-0218-00
Schools near 1512 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 | ||
The U School: Innovative Lab Public9 to 12 | ||
Bodine William W High School 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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