2 months on rocket

1909 N 7th St, Philadelphia, PA, 19122

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
5,284 SqFt
$208/SqFt
Multi

Location

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1909 N 7th St, Philadelphia$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built2021
HeatingHeat Pump
CoolingCentral Air
MLS #PAPH2398252
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 1909 N 7th St

This beautifully maintained 4-unit building, just 3 years old, is a fantastic investment opportunity you won’t want to miss! Fully rented with long-term leases in place, this property is generating a robust total monthly rent of $7,175. Key Features: Outstanding Condition: Meticulously maintained, ensuring low maintenance costs. Tax Abatement: Enjoy 7 years left on the tax abatement, maximizing your profits. Prime Location: Situated in a desirable area, attracting high-quality tenants. Private Outdoor Spaces: Two units feature exclusive rooftop access, while another boasts its own backyard, enhancing tenant appeal. With low operating expenses and strong rental income, this property is a smart addition to any investment portfolio. Don’t miss your chance to secure this exceptional building! Contact us today for more details and to schedule a viewing.

Property Details

Property Features

Property Information:

  • Architectural Style: AirLite
  • Year Built: 2021
  • Living Area: 5,284 SqFt

Listing Office:

  • Office Name: Trinity Realty Services
  • Office Phone: (215) 820-1623
  • Listing Agent: Gene Zilberman

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 7th and Berks

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $208/SqFt

Tax Information:

  • Annual Amount: $1,582
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

1909 N 7th St vs Philadelphia

64 DAYS ON ROCKET

+20 Days

$1,100,000

+$838.1K More

$208/SqFt

+$9 More

KEY TAKEAWAY

This property is $838.1K more than the Median Sold Price and $9/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2398252

Listing Office:

  • Office Name: Trinity Realty Services
  • Office Phone: (215) 820-1623
  • Listing Agent: Gene Zilberman

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 22, 2019Home Sold
$185,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,582 -
2019 - $32,300
2018 - $60,000
2017 - $60,000

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-303632
6
/10

  • John Moffet Elementary School

  • 127 W Oxford St

  • 0.66 miles

  • Public District Grades KG-5

school-card-donut-303633
2
/10

  • Kipp North Philadelphia Charter School

  • 2539 N 16th St

  • 1.01 miles

  • Public Charter Grades KG-6

school-card-donut-303634
7
/10

  • Horatio B. Hackett School

  • 2161 E York St

  • 1.02 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,668. Residents of Philadelphia, PA typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19122›1909 N 7th St

This home is located at 1909 N 7th St in Philadelphia, PA and zip code 19122 in the Lower North Philadelphia neighborhood. This 5,284 square foot home, which was built in 2021, sits on a 0.05 acre lot. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $1,100,000.

Philadelphia, PA housing market in October 2024 saw over 252 listings sold above listed price, more than 237 sold at listed price and over 567 sold below. The number of homes for sale in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 44 days, the median list price was $261,807.

From Rocket Homes Real Estate and based on county public records data.

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