1 month on rocket

Backup Offers

2233 S 7th St, Philadelphia, PA, 19148

$670,000

Home List Price

$7,956*

Closing Credit

0 Baths
2,985 SqFt
$224/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2233 S 7th St, Philadelphia$670,000

Buyer Closing Credits

$7,956*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1915
HeatingRadiant
CoolingWindow Unit(s)
MLS #PAPH2414514
Lot Size0.02 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 2233 S 7th St

Property Listing: Prime Multi-Unit Investment Opportunity in South Philadelphia OVERVIEW: This fully occupied multi-unit property presents a unique investment opportunity in the heart of South Philadelphia. Boasting two spacious three-bedroom residential units and a fully equipped commercial space ideal for a restaurant, this property is perfectly situated on a bustling commercial corridor. Also eligible for Philadelphia's forgivable loan program. RESIDENTIAL UNITES Two 3-Bedroom Units -Each unit features a modern layout, ample natural light, and attractive finishes. Ideal for families or young professionals, these units provide comfortable living spaces with well-appointed kitchens and bathrooms. Fully Occupied: Both residential units are currently leased, providing immediate rental income and a solid return on investment. COMMERICAL SPACE Restaurant Ready - The commercial unit is fully equipped with brand new restaurant-grade kitchen equipment, ready for your culinary vision. This space features an open layout that can accommodate a dining area, allowing for a vibrant dining atmosphere. Prime Location- Located on a busy commercial corridor, this space benefits from high foot traffic and visibility, making it an excellent choice for a new or expanding restaurant, with extra storage in the basement. PROPERTY FEATURES Total Units: 3 (2 residential, 1 commercial) Location: Conveniently positioned in South Philadelphia, close to public transportation, major highways, and local attractions on the corner of 7th and Moyamensing Investment Potential: With two residential units and a commercial tenant, generating consistent income this property offers a fantastic investment opportunity in a thriving neighborhood. Don’t miss out on this exceptional property that combines residential and commercial potential in a highly sought-after area. Schedule a viewing today to explore the possibilities!

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • Year Built: 1915
  • Living Area: 2,985 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: David Snyder

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $670,000
  • Price Per SqFt: $224/SqFt

Tax Information:

  • Annual Amount: $3,595
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Philadelphia, PA

City

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

2233 S 7th St vs Philadelphia

54 DAYS ON ROCKET

+9 Days

$670,000

+$404.6K More

$224/SqFt

+$23 More

KEY TAKEAWAY

This property is $404.6K more than the Median Sold Price and $23/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: #PAPH2414514

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: David Snyder

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: 12/22/2024, 3:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 24, 2005Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,595 -
2019$3,559$254,300
2018$3,456$246,900
2017$5,164$368,900

History based on county public records data.

Payment Calculator

$3,411

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,075

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-858569
5
/10

  • Francis Scott Key School

  • 2230 S 8th St

  • 0.12 miles

  • Public District Grades KG-6

school-card-donut-858570
7
/10

  • Abram Stockton Jenks School

  • 2501 S 13th St

  • 0.54 miles

  • Public District Grades KG-5

school-card-donut-858571
3
/10

  • Stephen Girard Elementary School

  • 1800 Snyder Ave

  • 1.02 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,087. Typical income of Philadelphia, PA residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19148›2233 S 7th St

This home is located at 2233 S 7th St in Philadelphia, PA and zip code 19148 in the South Philadelphia neighborhood. This 2,985 square foot home, which was built in 1915, sits on a 0.02 acre lot. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $670,000.

While more than 219 listings in Philadelphia, PA in November 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 523 were sold below. In November 2024 in Philadelphia, PA there were 1.8% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $265,372, while the average time on the real estate market was 45 days.

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

More Resources