2209 N 7TH STREET Overview
- Time on Site:
- 12 days
- Visits:
- 2
Exceptional turnkey investment opportunity featuring a fully leased new construction triplex generating $6,350 per month ($76,200 annually) and benefiting from a valuable 10-year tax abatement. This low-maintenance asset offers separate electric meters, modern construction, and strong in-place cash flow. The property consists of a 4-bedroom, 4-bath bi-level unit rented at $2,650/month, plus two 2-bedroom, 2-bath units rented at $1,800 and $1,900/month, with the top-floor unit featuring private roof deck access and skyline views. Each residence includes granite countertops, stainless steel appliances, luxury vinyl flooring, recessed lighting, central HVAC, in-unit laundry, and security system access. Strategically located just minutes from Temple University, Temple University Hospital, and within close proximity to Center City, Drexel University, the University of Pennsylvania, Jefferson Hospital, and other major medical and educational institutions, this fully occupied property is ideally positioned to attract a strong and consistent tenant base. With immediate income, minimal capital expenditure requirements, and strong long-term rental demand, this asset presents an outstanding opportunity for investors seeking stable cash flow and future appreciation in one of Philadelphia's fastest-growing neighborhoods.
2209 N 7TH STREET Facts & Features
- Type Multi-Family
- Lot 0.04 Acres
Details
General
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: Yes
- Pool: No Pool
- Total SQFT: 0
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19122 (19122)
- Subdivision Name: NORRIS SQUARE
Parking Information
- Type of Parking: On Street
Tax Information
- City/Town Tax: 413.00
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- School Tax: 526.00
- Tax Annual Amount: $940.00
- Tax Assessed Value: 67200.00
- Tax Year: 2025
General Information
- Property Condition: Excellent
- Property Sub Type: Triplex
- Property Type: Multi-Family
- School District Name: PHILADELPHIA CITY
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: CMX2
Unit Information
- Other Units: Unit 1
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Electric
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Detached
Building Interior
- Above Grade Finished Area: 0
- Above Grade Finished Area Source: Assessor
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Source: Assessor
- Below Grade Finished Area Units: Square Feet
- Central Air: Yes
- Hot Water: Electric
General Information
- Accessibility Features: None
- Cooling: Central A/C
- Fireplace: No
- Flooring: Luxury Vinyl Plank
- Foundation Details: Concrete Perimeter, Permanent
- Living Area: 0
- Living Area Source: Assessor
Unit Information
- One Bedroom Units Count: 0
- Single Room Units Count: 0
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 2
Exterior
Lot Information
- Lot Dimensions Source: Assessor
- Lot Size Dimensions: 18.00 x 85.00
- Lot Size Source: Assessor
- Lot Size Square Feet: 1552.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Colonial
- Construction Materials: Brick Front
General Information
- Number Of Units Total: 4
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 4
2209 N 7TH STREET Neighborhood
Community
19133 (PHILADELPHIA) Demographics
2209 N 7TH STREET Monthly Cost
2209 N 7TH STREET Market Data
Based on the last 30 days in this zip code
2209 N 7TH STREET History
| Date | Value | Agent |
|---|---|---|
| 6/17/2026Source: BRIGHT MLS | June 17, 2026 |
Valerie Yosef Listing Agent |
| 12/3/2024Source: BRIGHT MLS | $149,900 -0.1% |
|
| 12/3/2024Source: BRIGHT MLS | $149,000 -0.6% |
|
| 12/3/2024Source: BRIGHT MLS | $145,900 -2.1% |
|
| 12/3/2024Source: BRIGHT MLS | $145,000 -0.6% |
|
| 12/3/2024Source: BRIGHT MLS | $150,000 3.4% |
|
| 12/3/2024Source: BRIGHT MLS | $155,000 3.3% |
|
| 12/3/2024Source: BRIGHT MLS | ACTIVE UNDER CONTRACT |
|
| 12/3/2024Source: BRIGHT MLS | PENDING |
|
| 12/3/2024Source: BRIGHT MLS | CLOSED |
|
| 12/3/2024Source: BRIGHT MLS | May 08, 2023 |
Contact Information: 2156276005
