6 months on rocket

1949 N 7th St, Philadelphia, PA, 19122

$889,999

Home List Price

$10,000*

Closing Credit

0 Baths
3,134 SqFt
$284/SqFt
Multi

Location

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1949 N 7th St, Philadelphia$889,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year BuiltNew Const., 2020
HeatingCentral
CoolingCentral Air
MLS #PAPH2357952
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 1949 N 7th St

Tremendous investment Opportunity - FULLY RENTED TRIPLEX - NEW CONTRUCTION - TAX ABATEMENT . 1949 north 7th Philadelphia, PA 19122 – Unit 1 (3 bed) is rented for 2200 - Unit 2 (2 bed) is rented for 1750 - Unit 3 (2 bed) is rented for 1950 = 5900 a month. Opportunity to own a brand-new construction triplex in the heart of one of Philly's most dynamic neighborhoods! Property, boasts the perfect blend of contemporary design, urban convenience, and investment potential. New Construction: featuring all the modern amenities and finishes you desire. Prime Location: Situated in the trendy 19122 zip code, this triplex offers easy access to Fishtown, Northern Liberties, Temple University, and Center City. Live in one and rent out the others, or maximize your rental income. Contemporary Design: Each unit showcases open-concept living spaces, high-end fixtures, and an abundance of natural light. Modern kitchens feature stainless steel appliances, quartz countertops, and custom cabinetry.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2020
  • Living Area: 3,134 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Marc Bennett

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $889,999
  • Price Per SqFt: $284/SqFt

Tax Information:

  • Annual Amount: $409
  • 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

1949 N 7th St vs Philadelphia

182 DAYS ON ROCKET

+138 Days

$889,999

+$628.1K More

$284/SqFt

+$85 More

KEY TAKEAWAY

This property is $628.1K more than the Median Sold Price and $85/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: #PAPH2357952

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Marc Bennett

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: 11/22/2024, 7:20:52 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

Mar 11, 2019Home Sold
$107,500
Oct 17, 2018Home Sold
$34,000
Mar 09, 2017Home Sold
$26,000

Tax History

YEARPROP. TAXASSESSMENT
2020$409 -
2019$408$29,200
2018$409$29,200
2017$409$29,200

History based on county public records data.

Payment Calculator

$4,509

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,735

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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-713281
6
/10

  • John Moffet Elementary School

  • 127 W Oxford St

  • 0.70 miles

  • Public District Grades KG-5

school-card-donut-713282
2
/10

  • Kipp North Philadelphia Charter School

  • 2539 N 16th St

  • 0.97 miles

  • Public Charter Grades KG-6

school-card-donut-713283
7
/10

  • Horatio B. Hackett School

  • 2161 E York St

  • 1.01 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. Typical income of Philadelphia, PA residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19122›1949 N 7th St

This home is located at 1949 N 7th St in Philadelphia, PA and zip code 19122 in the Lower North Philadelphia neighborhood. This 3,134 square foot home, which was built in 2020, sits on a 0.03 acre lot. It has been listed on Rocket Homes since May 24, 2024 and is currently priced at $889,999.

In October 2024 more than 252 listings in Philadelphia, PA were sold above the asking price. During the same period more than 237 listings were sold at asking price, while more than 567 were sold below. Between September 2024 and October 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 9.8%. The median list price of listings available in October 2024 was $261,807, while the average time on the real estate market was 44 days.

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

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