Philadelphia, PA 19147 1412 S 7Th Street

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Presented By: SDG Management, LLC
  • MLS# PAPH2428758
  • 12/17/2024
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  • Beds • 11
  • Garage • 11

Home Details

Introducing the Griffiti Lofts, a remarkable 8-unit fully occupied stabilized building located at 1412 S 7th St. This contemporary property features a combination of one-bedroom and two-bedroom apartments, each thoughtfully designed to maximize space and comfort. The building also offers 11 garage parking spaces, currently rented to tenants and neighbors, providing a valuable income stream. Renovated in 2013, the Griffiti Lofts seamlessly blend modern living with artistic flair. The common areas are adorned with captivating artwork that highlights the unique characteristics and vibrant culture of Philadelphia, creating an inviting atmosphere for residents and visitors alike. This property represents an excellent investment opportunity, with stable occupancy and a strong rental history. Located in a desirable neighborhood, the Griffiti Lofts provide easy access to local amenities, public transportation, and the bustling energy of the surrounding area. Dont miss your chance to invest in this beautifully maintained building that showcases the best of urban living in Philadelphia. Please reach out to listing brokers for offering memorandum.
Presented By: SDG Management, LLC

Interior Features for 1412 S 7Th Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterOther

General for 1412 S 7Th Street

AccessibilityNone
Architectural StyleContemporary
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsGPS
Garage Spaces11.00
Garage Y/NYes
HeatingOther
Lease TypeYearly
Lot Size Square Feet6937.00
Lot Size UnitsSquare Feet
MLS Area19147 (19147)
ModificationTimestamp2025-01-24T12:51:30
MunicipalityPHILADELPHIA
Net Operating Income148281.00
New ConstructionNo
Number Of Units Total1
Number of Units Leased8
NumberOfUnitsVacant
One Bedroom Units Count5
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 8, Unit 3, Unit 6, Unit 7
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG175.61
Property SubtypeOther
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOther
Tax Annual Amount18547.0
Tax Assessed Value1325000.0
Tax Lot4296
Tax Year2025
Total Actual Rent190908.00
Total SQFT12528
Two Bedroom3
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1925
Year Built SourceAssessor
ZoningRSA5

Exterior for 1412 S 7Th Street

# of Attached Garage Spaces11
Garage FeaturesCovered Parking
Land Assessed Value397500.00
Land Use CodeCA0
Lot Dimensions30.00 x 173.00
Lot Size Acres0.16
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces11
Type of ParkingAttached Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $2,200,000
MLS#PAPH2428758
List Date 12/17/2024
Property Type Multi-Family
Phone 703.929.4729
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