$ 630,000 $ 670,000 6.0%

2233 S 7TH ST

Philadelphia, PA 19148

  • 2,985 SqFt
  • 1,040 Lot Size
  • 1915 Year Built
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!
Listed by David Snyder of KW Empower , Sold By Doug Gungor of Coldwell Banker Realty

PROPERTY DETAIL

  • Key Details

    Sold Price $630,0006.0%

    Property Type Multi-Family

    Sub Type End of Row/Townhouse

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 2, 985 sqft

    Price per Sqft $211

    MLS Listing ID PAPH2414514

    Sold Date 01/24/25

    Style Straight Thru

    Abv Grd Liv Area 2,985

    Year Built 1915

    Available Date 2024-11-07

    Annual Tax Amount $4,582

    Tax Year 2024

    Lot Size 1,040 Sqft

    Acres 0.02

    Lot Dimensions 17.00 x 78.00

    Property Sub-Type End of Row/Townhouse

    Source BRIGHT

  • Location

    State PA

    County Philadelphia

    Area 19148 (19148)

    Zoning CMX25

  • Building

    Foundation Slab

    Above Ground Finished SqFt 2985

    Sewer Public Sewer

    Water Public

    Architectural Style Straight Thru

    Additional Building Above Grade, Below Grade

    New Construction N

  • Interior

    Hot Water Electric

    Heating Radiant

    Cooling Window Unit(s)

    Fireplace N

    Heat Source Natural Gas

  • Exterior

    Water Access N

    Accessibility None

    Garage N

  • Schools

    School District The School District Of Philadelphia

  • Others

    Tax ID 871555480

    Ownership Fee Simple

    SqFt Source 2985

    Special Listing Condition Standard

SIMILAR HOMES FOR SALE

Check for similar Multi-Familys at price around $630,000 in Philadelphia,PA

CONTACT

David Snyder
David Snyder

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message

I agree to be contacted by Center City Listings via call, email, and text for real estate services. To opt out, you can reply "stop" at any time or reply "help" for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary.