21 days on rocket

1820 S 7th St, Philadelphia, PA, 19148

$459,000

Home List Price

$5,451*

Closing Credit

0 Baths
2,450 SqFt
$187/SqFt
Multi
Schools Nearby

Location

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1820 S 7th St, Philadelphia$459,000

Buyer Closing Credits

$5,451*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingGarage - Front Entry, Oversized, Attached Garage
Garage3 spaces
Year Built1925
HeatingBaseboard
CoolingNone
MLS #PAPH2341682
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 1820 S 7th St

Welcome to 1820 S 7th Street, a fantastic duplex with oversized garage nestled in the heart of East Passyunk in South Philadelphia! Located in a vibrant and sought-after neighborhood, 1820 S 7th Street enjoys the best of both worlds: the tranquility of a residential area and the proximity to urban amenities. From eclectic eateries and trendy boutiques along Passyunk Ave to cultural landmarks and green spaces, this location truly offers a balanced city living experience. Just steps away from the popular Bok Bar, walkable to the Broad Street Line, the Italian Market, and more. This property presents a unique opportunity for a potential homeowner, but also investor, with both units currently rented out. There are two generously sized units each containing one bedroom and one bathroom, with layouts that could allow the living rooms to be used as additional bedrooms and rented as two bedrooms. The units are in great condition and can be rented right away, or spruced up even more with light cosmetic upgrades to boost rents. The oversized garage, large enough for truck parking, is currently being rented at $1k! Unit 2 has been rented for $1,295/mo. Gross rental income is: $42,240 putting it at a 6.5-7 cap rate. Step onto the expansive bi-level roof deck and be captivated by breathtaking views of Center City Philadelphia. Whether you're entertaining guests or simply relaxing outdoors, this space offers a picturesque backdrop that's sure to impress. Don't miss out on this chance to own a piece of Philadelphia's charm while capitalizing on the income potential of a duplex property. Schedule a viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1925
  • Living Area: 2,450 SqFt

Listing Office:

  • Office Name: Select Commercial Advisors
  • Office Phone: (215) 315-3326
  • Listing Agent: Piruz Partow

Interior Features

Interior Information:

  • Basement: No
  • Interior: Kitchen - Eat-In

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Garage - Front Entry, Oversized, Attached Garage

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • South Philadelphia High School, Public District Grades 9-12
  • Southwark School, Public District Grades KG-8

Other

Directions Information:

  • Directions: From South Broad and Passyunk: Head north on S Broad St toward McKean St Turn right onto Morris St Turn right onto S 8th St Turn left onto Sigel St Turn left onto 7th street

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $459,000
  • Price Per SqFt: $187/SqFt

Tax Information:

  • Annual Amount: $4,596
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

1820 S 7th St vs Philadelphia

21 DAYS ON ROCKET

-29 Days

$459,000

+$200.1K More

$187/SqFt

-$9 Less

KEY TAKEAWAY

This property is $200.1K more than the Median Sold Price and $9/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2341682

Listing Office:

  • Office Name: Select Commercial Advisors
  • Office Phone: (215) 315-3326
  • Listing Agent: Piruz Partow

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 11:22:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 02, 2009Home Sold
$230,000
Jan 20, 2005Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,596 -
2019$4,241$303,000
2018$3,487$249,100
2017$3,487$249,100

History based on county public records data.

Payment Calculator

$2,358

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,443

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5639500
5
/10

  • Southwark School

  • 1835 S 9th St

  • 0.13 miles

  • Public District Grades KG-8

High School

school-card-donut-5639501
4
/10

  • South Philadelphia High School

  • 2101 S Broad St

  • 0.59 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,118. The most common annual income of people living in Philadelphia, PA is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19148›1820 S 7th St

This home is located at 1820 S 7th St in Philadelphia, PA and zip code 19148 in the South Philadelphia neighborhood. This 2,450 square foot home, which was built in 1925, sits on a 0.03 acre lot. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $459,000.

In April 2024, from all listings sold in Philadelphia, PA there were more than 242 sold above asking price, over 502 sold below and more than 216 were sold right at the asked price. The number of listings in Philadelphia, PA increased by 9.8% between March 2024 and April 2024. In April 2024 median list price was $258,806 and the average listing age was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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