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1820 S 7th Street, Philadelphia, PA 19148
$459,000
1820 S 7th Street, Philadelphia, PA 19148View this property at 1820 S 7th Street, Philadelphia, PA 19148
1820 S 7th StreetPhiladelphiaPA19148
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Property Description
Welcome to 1820 S 7th Street, a fantastic duplex with oversized garage nestled in the heart of East Passyunk in South Philadelphia! Located in a vibrant and sought-after neighborhood, 1820 S 7th Street enjoys the best of both worlds: the tranquility of a residential area and the proximity to urban amenities. From eclectic eateries and trendy boutiques along Passyunk Ave to cultural landmarks and green spaces, this location truly offers a balanced city living experience. Just steps away from the popular Bok Bar, walkable to the Broad Street Line, the Italian Market, and more. This property presents a unique opportunity for a potential homeowner, but also investor, with both units currently rented out. There are two generously sized units each containing one bedroom and one bathroom, with layouts that could allow the living rooms to be used as additional bedrooms and rented as two bedrooms. The units are in great condition and can be rented right away, or spruced up even more with light cosmetic upgrades to boost rents. The oversized garage, large enough for truck parking, is currently being rented at $1k! Unit 2 has been rented for $1,295/mo. Gross rental income is: $42,240 putting it at a 6.5-7 cap rate. Step onto the expansive bi-level roof deck and be captivated by breathtaking views of Center City Philadelphia. Whether you're entertaining guests or simply relaxing outdoors, this space offers a picturesque backdrop that's sure to impress. Don't miss out on this chance to own a piece of Philadelphia's charm while capitalizing on the income potential of a duplex property. Schedule a viewing today!
Full Property Details
Full Property Details for 1820 S 7th St
General
- Price: $459,000
- Taxes: $6,349 (2022)
- Status: Active
- Type: Duplex
- MLS ID: PAPH2341682
- Updated: 4/17/2024
- Added to Site: 20 day(s) ago
Interior
- Interior Features: Kitchen - Eat-In
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Type: Attached Garage
- Garage Description: Garage - Front Entry, Oversized
Location
- Area: 19148 (19148)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Cross Streets: Mifflin St
- Driving Directions: From South Broad and Passyunk: Head north on S Broad St toward McKean St Turn right onto Morris St Turn right onto S 8th St Turn left onto Sigel St Turn left onto 7th street
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Other
- Construction: Masonry
- Stories/Levels: 0
- Square Feet: 2,450
- Sq. Ft. Source: Estimated
- Living Area: 2,450 Sq. Ft.
- Finished Above Grnd: 2,450 Sq. Ft.
- Year Built: 1925
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2
- 1 Bedroom Units: 2
Unit 1
- Unit Description: Unit 2
- Bedrooms: 1
Unit 2
- Unit Description: Unit 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,120
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 70.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $187.35
- Assessment Year: 2023
- School Tax: $3,484
- City/TownTax: $2,865
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $453,600
- Tax Amount: $6,349
- Tax Year: 2022
- Tax Total Finished Sq. Ft.: 2400
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.75%
- Ownership: Fee Simple
- Exclusions: Tenant's personal possessions.
- Lot Number: 95
Listed by Select Commercial Advisors, Piruz Partow
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Schools
Schools serving 1820 S 7th St
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
1835 S 9th St, Philadelphia, PA 19148 | K-8 | 0.1 mi | |
2101 S Broad St, Philadelphia, PA 19148 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1820 S 7th St
Date
Details
Price
Change
Source
4/12/2024
Listed
$459,000
99.57%
MLS
3/25/2009
Sold
$230,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1820 S 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,349
38%
$453,600
100%
2021
$4,596
—
-100%
2020
$4,596
8%
$328,300
8%
2019
$4,241
22%
$303,000
22%
2018
$3,487
—
$249,100
—
2017
$3,487
—
$249,100
—
2016
$3,487
13%
$249,100
8%
2015
$3,077
—
$229,600
—
2014
$3,077
376%
$229,600
3366%
2013
$647
—
$6,624
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1820 S 7th St
1820 S 7th Street, Philadelphia, PA 19148 (MLS# PAPH2341682) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1820 S 7th Street is currently listed for $459,000 and was received on April 12, 2024. Want to learn more about 1820 S 7th Street? Do you have questions about finding other Duplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.