3,600 sqft

$888,000

1722 N 7TH STREET, PHILADELPHIA PA, 19122

Price per sqft$246.67

Built in1915

Property size3,600 sqft

Property typeCommercial

Overview

Active

Active-bright

Listed Sep 25, 2026

Updated 12h ago

Fully occupied 7-unit apartment building featuring six 1-bedroom apartments and one 2-bedroom apartment. All units are currently occupied and producing rental income. Current monthly gross rental income is approximately $5,910, or $70,920 annually. Landlord is responsible for cold water, trash, exterminating, snow removal and landscaping. Building has one house electric meter. All tenants are currently in place, and the property has clean common hallways and well-maintained areas. Most leases are month-to-month with 60 days' notice; the Section 8 tenancy requires 30 days' notice. Property is subject to real estate taxes. Seller is also addressing the real estate tax assessment, with the applicable appeal deadline in October 2026. Strong opportunity for an investor seeking a fully occupied Philadelphia multifamily property with established rental income and multiple units. Buyer to independently verify all rents, leases, expenses, utility arrangements, unit configurations, and Section 8 information.

Additional information

MLS^® ID: PAPH2663662

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.07 Acres

Other Property Details

Taxes: $7,224
Tax Frequency: Annually

Listed by Premium Realty Castor Inc
Listing Contact: 2675388606

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/9/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/9/2026 at 4:18 AM UTC