1212 N 7Th St Philadelphia, PA 19122

This well-maintained four-unit property is located in the Olde Kensington neighborhood. It presents an investment opportunity in a rapidly developing area of the city. The renovated quadraplex features four occupied units with leases in place, generating a total monthly income of $4,542. The units are currently rented below market value, suggesting potential for increased returns. The property includes a first-floor studio with a lofted sleeping area, a bi-level two-bedroom unit on the first and second floors with backyard access from the kitchen, a one-bedroom unit on the front of the second floor, and another bi-level two-bedroom unit spanning the second and third floors. A coin-operated washer and dryer room is located on the second floor, providing added convenience for tenants and additional income. The surrounding area has seen development with new townhomes, multi-unit buildings, shops, and restaurants, including a newly opened spot at 7th & Girard Avenue. The U.S. Post Office is nearby, and Northern Liberties is across Girard Avenue, offering dining, shopping, and entertainment. The property is suitable for investors seeking rental upside or for an owner-occupant looking to live in one unit while building equity. It is close to public transportation and neighborhood amenities, in a developing community. The property size is 3,420 square feet and the lot size is 0.05 acres.