2 months on rocket

2501 N 7th St, Philadelphia, PA, 19133

$719,000

Home List Price

$8,538*

Closing Credit

0 Baths
4,020 SqFt
$179/SqFt
Multi

Location

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2501 N 7th St, Philadelphia$719,000

Buyer Closing Credits

$8,538*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingNone
Year Built2023
HeatingCentral
CoolingCentral Air
MLS #PAPH2396352
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 2501 N 7th St

Discover this stunning new-construction multifamily quadplex, located in the lively Hartranft neighborhood of Philadelphia. With a 10-year Tax Abatement and a 1-year Builder's Warranty included, this property is a prime investment opportunity offering both peace of mind and potential for great returns. The building features four thoughtfully designed units, ideal for modern living. Across the units, you'll find 8 spacious bedrooms and 8 sleek bathrooms, providing both comfort and privacy for each resident. Inside, elegant vinyl wood flooring runs throughout, while contemporary finishes add a touch of sophistication. The kitchens are equipped with stainless steel appliances, perfect for anyone who enjoys cooking. In-unit laundry ensures extra convenience, while ensuite bathrooms with marble-style tiles and rain showers elevate the daily living experience. Each unit comes with plenty of storage thanks to large closets, and the building is outfitted with an alarm system, smart locks, and an intercom at the main entrance for added security and ease of access. For those who love outdoor space, every unit features an enclosed backyard, offering a private retreat to relax or entertain. The cherry on top? A roof deck patio with a pilot house and breathtaking views of the city skyline—ideal for gatherings or quiet evenings under the stars. It’s conveniently located just minutes from popular dining spots like McDonald's, Vivaldi Restaurant, Freddy & Tony's, and more. Don’t miss out on this exceptional opportunity to invest in Philadelphia’s booming real estate market. Schedule a tour today and experience city living at its finest.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2023
  • Living Area: 4,020 SqFt

Listing Office:

  • Office Name: Keller Williams Main Line
  • Office Phone: (610) 520-0100
  • Listing Agent: Joseph M. Loonstyn Jr.

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 2nd St

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $719,000
  • Price Per SqFt: $179/SqFt

Tax Information:

  • Annual Amount: $258
  • 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

2501 N 7th St vs Philadelphia

69 DAYS ON ROCKET

+25 Days

$719,000

+$457.1K More

$179/SqFt

-$20 Less

KEY TAKEAWAY

This property is $457.1K more than the Median Sold Price and $20/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2396352

Listing Office:

  • Office Name: Keller Williams Main Line
  • Office Phone: (610) 520-0100
  • Listing Agent: Joseph M. Loonstyn Jr.

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

Jan 04, 2021Home Sold
$95,000
Nov 17, 2020Home Sold
$50,800

Tax History

YEARPROP. TAXASSESSMENT
2020$258 -
2019$257$18,400
2018$258$18,400
2017$258$18,400

History based on county public records data.

Payment Calculator

$3,656

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,222

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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-311492
3
/10

  • Mastery Charter School at Clymer

  • 1201 W Rush St

  • 0.55 miles

  • Public Charter Grades KG-6

school-card-donut-311493
1
/10

  • Isaac A. Sheppard Elementary School

  • 120 W Cambria St

  • 0.72 miles

  • Public District Grades KG-4

school-card-donut-311494
2
/10

  • Kipp North Philadelphia Charter School

  • 2539 N 16th St

  • 0.75 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,253. Residents of Philadelphia, PA typically earn less than $35k each year. Typical family type is 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›19133›2501 N 7th St

This home is located at 2501 N 7th St in Philadelphia, PA and zip code 19133 in the Fairhill neighborhood. This 4,020 square foot home, which was built in 2023, sits on a 0.03 acre lot. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $719,000.

Over 252 listings were sold over their listed price in October 2024 in Philadelphia, PA. In the same period over 567 listings were sold below the listed price and 237 listings were sold for the listed price. In October 2024 in Philadelphia, PA there were 9.8% more homes for sale than in September 2024. Listings spent 44 days on the market in October 2024, and had a median list price of $261,807 during the same period.

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

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