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sales rep | Brivity IDX

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1917 N 7th St , Philadelphia, PA 19122
$1,499,000
Est. Payment: $8,097.86/mo
7180 Sqft
0.06 Acres
Status: active | Days on site: 50
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61039 - 3253917,3290773
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House Description

Philly CRE Advisors is pleased to present a strong, stabilized investment opportunity in one of Philadelphia’s most active and rapidly transforming submarkets. Built in 2019, this modern six-unit multifamily property combines durable new construction with reliable in-place income, ideally positioned just steps from Temple University’s main campus and minutes from the continued growth along North Broad Street, Fishtown, and Northern Liberties. The property is fully leased and professionally managed, offering a highly desirable unit mix that includes four two-bedroom, two-bathroom units, one three-bedroom, three-and-a-half-bathroom unit, and one expansive four-bedroom, four-bathroom residence with private backyard access. Each unit is thoughtfully designed with contemporary finishes, open-concept layouts, and in-unit laundry, catering to both Temple’s student population and young professionals while supporting consistent occupancy and strong rental performance. Current rents remain below projected market levels, presenting a clear value-add opportunity through lease turnover, renewals, and strategic rent increases. The asset currently generates approximately $140,580 in annual income, all while maintaining an efficient expense ratio of approximately 23%. Additionally, there are approximately three years remaining on the original ten-year tax abatement, providing meaningful near-term expense savings and enhanced cash flow. From a broader market perspective, the location continues to benefit from Temple University’s ongoing campus expansion, sustained redevelopment along the North Broad corridor, and the continued momentum of nearby Fishtown and Northern Liberties. This convergence has driven increased investor demand, rising rental rates, and long-term appreciation across the surrounding neighborhoods. The property is also located within a Qualified Opportunity Zone, offering potential tax advantages for investors seeking to maximize after-tax returns. Capitalize on this exceptional opportunity to acquire a turnkey, high-yield investment with strong in-place cash flow and long-term appreciation potential.

Highlights

Listed by ERIC Andrew Dvotsky , 2672434652 and Maxim Sirotovsky , 2672433255 BHHS Fox & Roach-Center City Walnut , 2156276005. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.06

Year Built

2018

County

Philadelphia

Area

19122 (19122)

School District

The School District Of Philadelphia

Listing ID

PAPH2669066

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Interior Features

Air Cond:Central A/C
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:RM1
Others:
  • ▪ Additional:Excellent
Sewer:Public Sewer
Principal Interest
$8,098
Taxes
$108

Home Price

$1,499,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$299,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,097.86

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,097.86 $107.92 $0.00 $8,205.77
Yearly $97,174.29 $1,295.00 $0.00 $98,469.29
Total $2,915,228.69 $38,850.00 $0.00 $2,954,078.69
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS