2233 S 7TH ST Under Contract

Philadelphia,PA 19148

$ 670000

- Bed

- Bath

2985 SqFt


Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,985 sqft

Price per Sqft $224

MLS Listing ID PAPH2414514

Style Straight Thru

Year Built 1915

Annual Tax Amount $4,582

Tax Year 2024

Lot Size 1,040 Sqft

Property Description

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!

Location

State PA

County Philadelphia

Area 19148 (19148)

Zoning CMX25

Interior

Hot Water Electric

Heating Radiant

Cooling Window Unit(s)

Exterior

Water Access N

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Special Listing Condition Standard

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