Listed By:
KW Empower
Address
2233 S 7Th Street, Philadelphia, PA
Price
$ 850,000
Property Attributes
  • MLS#PAPH2337798
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19148
  • Zip19148
  • StyleStraight Thru
  • Year Built1915
  • Taxes$ 4582
  • Price$ 850,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size871 SqFt
Data Source:
Bright MLS
Property Description

Welcome to 2233 S 7th St - South Philadelphia's prime mixed-use property located at the bustling intersection of 7th and Moyamensing. This unique investment opportunity offers a lucrative blend of commercial and residential spaces, perfectly positioned to capitalize on the vibrant energy of the neighborhood. The commercial storefront on the ground floor, formerly a popular pizza place, boasts high visibility and a steady stream of foot traffic, making it an ideal location for any retail or food establishment seeking exposure and success. The bustling streets ensure constant visibility and accessibility, guaranteeing maximum exposure for any business venture. Above the commercial space, this property features two spacious apartments, each offering three bedrooms and one bathroom. Rarely found in South Philadelphia, this dual-residential setup presents an exceptional opportunity for investors seeking diversified income streams. With tenants already in place, enjoy immediate cash flow and the peace of mind that comes with stable rental income. Situated on a corner lot, the property benefits from ample natural light and increased visibility, enhancing its appeal to both residents and potential business tenants. The generous size of the property provides ample room for expansion or customization to suit various business or residential needs. Additionally, for entrepreneurs looking to continue the legacy of the previous pizza establishment, the restaurant equipment and business are available for separate purchase and negotiation, offering a turnkey solution for aspiring restaurateurs. Don't miss out on this rare opportunity to own a versatile mixed-use property in one of South Philadelphia's most coveted locations. Whether you're looking to invest, establish a business, or expand your real estate portfolio, this property offers endless possibilities and unparalleled potential. Schedule a viewing today and unlock the possibilities of this exceptional investment opportunity.

Price History
4/1/2024 Listed $850,000

General Features

Sewer Public Sewer
Heating Radiant
Cooling Window Unit(s)
Possession Settlement
Zoning CMX25
Pool Y/N No Pool
Architectural Style Straight Thru
Construction Materials Masonry
Exclusions Business,as well as restaurant equipment (Negotiable)
Year Built 1915
Property SubType Other
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Accessibility None
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions From S Broad St,turn onto Wolf St. Turn left onto S 7th St and the property will be on your right.
ModificationTimestamp 2024-04-01T14:29:47
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 3
MLS Area 19148 (19148)
Lot Size Square Feet 1040.00
Tax Assessed Value 327400.0
Waterfront Y/N No
Street Name 7TH
Tax Annual Amount 4582.0
Structure Type End of Row/Townhouse
Single Room Units Count 1
Other Units Unit 1,Unit 2,Unit 3
Price Per Sq Ft 284.76
Vacation Rental Y/N No
Total SQFT 2985
Days on Market 16
Standard Status Active
Year Built Source Assessor
Tax Lot 121
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Central Air Y/N No
LivingAreaSource Assessor
Three Bedroom Units Count 2

Exterior Features

Water Source Public
Type of Parking On Street
Land Use Code Y50
Foundation Details Slab
Water View Y/N No
Lot Dimensions 17.00 x 78.00
Lot Size Acres 0.02
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 65480.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19148

Price
AVG $530K
$850K
Taxes
AVG $4,219
$4,582
Visits
AVG 248
73
Data Provided by Inside Real Estate®
Year Built
AVG 1928
1915

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