1917 N 7TH STREET Overview
- Time on Site:
- 68 days
- Visits:
- 11
Philly CRE Advisors is pleased to present a strong, stabilized investment opportunity in one of Philadelphia's most active and rapidly transforming submarkets. Built in 2019, this modern six unit multifamily property combines durable new construction with reliable in place income, ideally positioned just steps from Temple University's main campus and minutes from the continued growth along North Broad Street, Fishtown, and Northern Liberties. The property is fully leased and professionally managed, offering a highly desirable unit mix that includes four two bedroom two bathroom units, one three bedroom three and a half bathroom unit, and one expansive four bedroom four bathroom residence with private backyard access. Each unit is thoughtfully designed with contemporary finishes, open concept layouts, and in unit laundry, catering to both Temple's student population and young professionals while supporting consistent occupancy and strong rental performance. Current rents remain below projected market levels, presenting a clear value add opportunity through lease turnover, renewals, and strategic rent increases. The asset currently generates approximately $140,580 in annual income with a projected pro forma of $145,800, all while maintaining an efficient expense ratio of approximately 23%. Additionally, there are approximately three years remaining on the original ten year tax abatement, providing meaningful near term expense savings and enhanced cash flow. From a broader market perspective, the location continues to benefit from Temple University's ongoing campus expansion, sustained redevelopment along the North Broad corridor, and the continued momentum of nearby Fishtown and Northern Liberties. This convergence has driven increased investor demand, rising rental rates, and long term appreciation across the surrounding neighborhoods. The property is also located within a Qualified Opportunity Zone, offering potential tax advantages for investors seeking to maximize after tax returns. As an added incentive, the offering includes one year of free property management, providing immediate operational support and increased net income for investors. Capitalize on this exceptional opportunity to acquire a turnkey, high-yield investment offering built-in management support and strong long-term growth potential.
1917 N 7TH STREET Facts & Features
- Type Multi-Family
- Sq. ft. 7,180
- Price/Sq.ft. $214
- Lot 0.06 Acres
Details
General
Income/Expenses
- Gross Income: 140580.00
- Net Operating Income: 108862.00
- Operating Expense: 31718.00
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 7180
- Year Built: 2018
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19122 (19122)
- Subdivision Name: TEMPLE UNIVERSITY
Parking Information
- Total Parking Spaces: 0
- Type of Parking: None
Tax Information
- City/Town Tax: 569.00
- City/Town Tax Payment Frequency: Annually
- School Tax: 725.00
- Tax Annual Amount: $1,295.00
- Tax Assessed Value: 92520.00
- Tax Year: 2025
General Information
- Municipal Trash: Yes
- Property Condition: Excellent
- Property Sub Type: Other
- Property Type: Multi-Family
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2025
- Zoning: RM1
Unit Information
- Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Electric
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Interior Row/Townhouse
Building Interior
- Above Grade Finished Area: 7180
- Above Grade Finished Area Source: Estimated
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Source: Estimated
- Below Grade Finished Area Units: Square Feet
- Central Air: Yes
- Hot Water: Electric
General Information
- Accessibility Features: None
- Basement: No
- Cooling: Central A/C
- Fireplace: No
- Foundation Details: Other
- Living Area: 7180
- Living Area Source: Estimated
Unit Information
- One Bedroom Units Count: 0
- Single Room Units Count: 0
- Three Bedroom Units Count: 2
- Two Bedroom Units Count: 4
Exterior
Lot Information
- Lot Size Source: Estimated
- Lot Size Square Feet: 2500.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Other
- Construction Materials: Masonry
General Information
- Number Of Units Leased: 6
- Number Of Units Total: 4
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 2
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 2
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 2
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 2
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 3
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 4
1917 N 7TH STREET Neighborhood
Community
19122 (PHILADELPHIA) Demographics
1917 N 7TH STREET Monthly Cost
1917 N 7TH STREET Market Data
Based on the last 30 days in this zip code
1917 N 7TH STREET History
| Date | Value | Agent |
|---|---|---|
| 6/9/2026Source: BRIGHT MLS | $1,540,000 -0.6% |
Philly Home Advisors Listing Agent |
| 6/9/2026Source: BRIGHT MLS | $1,540,000 -0.6% |
Philly Home Advisors Listing Agent |
| 4/22/2026Source: BRIGHT MLS | April 22, 2026 |
Philly Home Advisors Listing Agent |
| 4/1/2026Source: BRIGHT MLS | April 01, 2026 |
Philly Home Advisors Listing Agent |
Contact Information: 2156276005
