Philadelphia, PA 19133 2908 N 7Th Street
$349,900
11 more
Presented By: Tesla Realty Group, LLC
Beds • 5
Beds • 5Home Details
Excellent opportunity to own a solid income-producing legally zoned triplex in Philadelphia at an attractive price point. This property features three separate units, offering immediate rental income with strong demand in the area.
The building is well-suited for investors seeking cash flow, portfolio expansion, or a value-add opportunity. Each unit has its own layout, providing flexibility for leasing and long-term tenant retention. Electrical service is separately metered, helping reduce operating expenses.
This property is located in a convenient Philadelphia neighborhood with easy access to public transportation, major roadways, shopping, and local amenities. The area continues to see steady rental demand, making this an ideal asset for both seasoned investors and first-time multi-family buyers alike.
Notice: Ilya Zamarin is a Realtor that has personal financial interest in the property and is acting for his own account.
Rent revenue: 1st Floor $1,050 monthly; 2nd Floor $1,150 monthly; 3rd Floor $2,000 monthly.
Whether youre looking for stable income, future appreciation, or the ability to increase rents over time, this triplex presents a compelling opportunity. Priced competitively for a quick sale.
Presented By: Tesla Realty Group, LLC
Interior Features for 2908 N 7Th Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
BasementFull
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 2908 N 7Th Street
Acceptable FinancingCash, Conventional
AccessibilityNone
Architectural StyleAirLite
Association Recreation FeeN
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingNone
CountyPHILADELPHIA
DirectionsFrom Broad Street take Lehigh Ave heading east, make a left turn onto N 7th Street
DisclosuresAgent has Financial Interest
ExclusionsAll tenants' owned private property
Garage Y/NNo
Gross Income50400.00
HeatingBaseboard - Electric
Historic Y/NNo
Home Warranty Y/NNo
Insurance Expense2192.00
Lease TypeMonth to Month
Living Area1863
Lot Size Square Feet968.00
Lot Size UnitsSquare Feet
MLS Area19133 (19133)
MaintenanceExpense2400.00
MunicipalityPHILADELPHIA
Net Operating Income39490.00
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
NumberOfUnitsVacant
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
OwnerPaysCommon Area Maintenance, Pest Control, Repairs, Taxes - Real Estate, Water
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD, 61-90 Days CD
Price Per Sq Ft Total AG187.82
Property ConditionVery Good
Property SubtypeTriplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofFlat
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Subdivision NameNICETOWN
Tax Annual Amount4318.0
Tax Assessed Value308500.0
Tax Lot200
Tax Year2025
Total Actual Rent50400.00
Total SQFT1863
Trash Expense500.00
Two Bedroom2
UtilitiesElectric Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningRM1
Exterior for 2908 N 7Th Street
Foundation DetailsStone
Land Assessed Value61700.00
Land Use CodeU50
Lot Dimensions15.00 x 65.00
Lot Size Acres0.02
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
