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Well-Maintained 4-Unit Multi-Family in Old Kensington Vacant Owner-Occupant Unit Strong Upside Fantastic opportunity to own a tastefully renovated and well-maintained quadraplex in one of Philadelphia's fastest-growing neighborhoods. This property features four units and currently generates strong income, with the added bonus that the 1st-floor bi-level rear 2-bedroom unit is now vacant, making this an ideal opportunity for an owner-occupant or investor. The building offers a desirable unit mix including: a charming first-floor studio with a lofted sleeping area, a spacious bi-level 2-bedroom unit spanning the 1st and 2nd floors with direct backyard access from the kitchen (now vacant), a second-floor front 1-bedroom unit, and an additional bi-level 2-bedroom unit spanning the 2nd and 3rd floors. A coin-operated laundry room with washer and dryer is conveniently located on the second floor, providing added tenant convenience and additional income potential. All other units are currently tenant occupied with leases in place and tenants are happy and looking to stay, offering stability for the next owner. For buyers considering living in the property, owner-occupancy offers major advantages, including the ability to secure lower interest rates, access special loan programs, and potentially benefit from lower down payment options compared to traditional investment financing. Best of all, the rental income from the other units can help offset monthly expenses and assist in paying down the mortgage, while still enjoying the pride of ownership and the freedom to improve and manage the property the way you want. The surrounding area continues to see tremendous development with new construction townhomes, multi-unit buildings, and an expanding mix of shops and restaurants, including the newly opened destination at 7th & Girard Avenue. The U.S. Post Office is just steps away, and Northern Liberties is right across Girard, offering even more dining, shopping, and entertainment. Conveniently located near public transportation and neighborhood amenities, this property sits at the heart of a vibrant and rapidly developing community. Don't miss this opportunity, schedule your showing today!

Source: BRIGHT MLS, MLS#: PAPH2590556

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  • Property Type
    Residential Income
  • Lot
    0.05 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1212 N 7TH STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/18/2026Source: BRIGHT MLS Price Reduction
$575,000 -8.0%
3/5/2026Source: BRIGHT MLS Added to Database
March 05, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 12, 2021
Listing provided courtesy of Coldwell Banker Realty- MLS# PAPH2590556MLS ProviderContact Information: [email protected] - 2159237600