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Exceptional turnkey investment opportunity featuring a fully leased new construction triplex generating $6,350 per month ($76,200 annually) and benefiting from a valuable 10-year tax abatement. This low-maintenance asset offers separate electric meters, modern construction, and strong in-place cash flow. The property consists of a 4-bedroom, 4-bath bi-level unit rented at $2,650/month, plus two 2-bedroom, 2-bath units rented at $1,800 and $1,900/month, with the top-floor unit featuring private roof deck access and skyline views. Each residence includes granite countertops, stainless steel appliances, luxury vinyl flooring, recessed lighting, central HVAC, in-unit laundry, and security system access. Strategically located just minutes from Temple University, Temple University Hospital, and within close proximity to Center City, Drexel University, the University of Pennsylvania, Jefferson Hospital, and other major medical and educational institutions, this fully occupied property is ideally positioned to attract a strong and consistent tenant base. With immediate income, minimal capital expenditure requirements, and strong long-term rental demand, this asset presents an outstanding opportunity for investors seeking stable cash flow and future appreciation in one of Philadelphia's fastest-growing neighborhoods.

Source: BRIGHT MLS, MLS#: PAPH2638474

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  • Property Type
    Residential Income
  • Lot
    0.04 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 2209 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
6/17/2026Source: BRIGHT MLS Added to Database
June 17, 2026
12/3/2024Source: BRIGHT MLS Price Reduction
$149,900 -0.1%
12/3/2024Source: BRIGHT MLS Price Reduction
$149,000 -0.6%
12/3/2024Source: BRIGHT MLS Price Reduction
$145,900 -2.1%
12/3/2024Source: BRIGHT MLS Price Reduction
$145,000 -0.6%
12/3/2024Source: BRIGHT MLS Price Increase
$150,000 3.4%
12/3/2024Source: BRIGHT MLS Price Increase
$155,000 3.3%
12/3/2024Source: BRIGHT MLS Status Change
ACTIVE UNDER CONTRACT
12/3/2024Source: BRIGHT MLS Status Change
PENDING
12/3/2024Source: BRIGHT MLS Status Change
CLOSED
12/3/2024Source: BRIGHT MLS Added to Database
May 08, 2023
Listing provided courtesy of BHHS Fox & Roach-Center City Walnut- MLS# PAPH2638474MLS ProviderContact Information: 2156276005