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1216 22 N 7th Street, Philadelphia, PA 19122

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1216 22 N 7th Street, Philadelphia, PA 19122
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JBMP Real Estate Group, LLC (“JBMP”) is pleased to extend to qualified investors the opportunity to acquire 1216-22 N 7th Street (the “Property”) an 18 unit portfolio located less than two miles from Center City, Philadelphia. The Property presents the unique opportunity to acquire a well located, cash flowing investment with significant upside potential located in the highly sought after 19122 zip code. The Property is perfectly positioned in the market as a convenient and an affordable option for graduate students and young professional renters as rates in 19123 and 19125 continue to increase dramatically year-over-year. All units include top of the line finishes and features that have created significant leasing demand, allowing for minimal vacancy and a high quality tenant base. The Property will be sold fully stabilized at market rents with 4+ years remaining on the tax abatement. The unit mix consists of six (6) three bedroom units, and twelve (12) two bedroom units. Each unit features a desirable open-concept layout, with all units including a private outdoor space. The Property is strategically positioned within walking distance on Fishtown, Northern Liberties, and Temple University allowing for a diverse tenant base of students and young professionals. NOTE: This listing is for 6 triplexes/18 units, the MLS only allows up to 3 units in the unit count field on the listing.

$5,100,000.00

Estimated Monthly Payment: $21,244.04 (including taxes & insurance estimates)

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Property Details

City: PhiladelphiaProperty Type: Multi Unit - Multiple
Lot Size: 0.05 AcresSchool District: THE SCHOOL DISTRICT OF PHILADELPHIA
Taxes: $3,336Status: ACTIVE
Square Feet: 3315Year Built: 2017
MLS#: PAPH2153194 

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Property Features

Property Type: Multi Unit - MultipleSewer: Public Sewer
Additional Structures: Above Grade, Below GradeStructure Type: Interior Row/Townhouse
Cooling: Central A/CTaxes: $3,336
Days on Market: 95Three Bedroom Units: 6
Exterior: MasonryTwo Bedroom Units: 12
Fuel Type: Natural GasUnits: 3
Lot Dimensions: 0.05 Acre(S)Water: Public
Lot Size: 0.05 AcresYear Built: 2017
Municipality: PHILADELPHIA 

School Information

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Listed By

Agency Name: JBMP Group
Agency Phone: 2677972175

Shown By

Agency Title: RE/MAX Realty Select
Agency Phone: 717-526-4300

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