Renovated Triplex Near
1336 North 7th Street, Philadelphia, PA 19122
Fully renovated triplex with bi-level units near Fishtown.
Type:Multi-Family / Fee Simple
Property size:
4,488 SFPrice / SF:
$213/SF- Added:
- Nov 27, 2024
- Days on Market:
- 551
- Last Refresh:
- Mar 13 at 1:19 pm
Property Features for 1336 North 7th Street
General Information
- Standard status
- Active
- Size
- 4,488 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 2016
Listing agent Netanel Levi License #AB067944 (215) 510-0515
Listing office KW Philly (215) 510-0515
Listing date Nov 27, 2024
Source Compass
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of KW Philly
HighLights
- Fully renovated triplex in a rapidly growing Philadelphia neighborhood.
- Three spacious bi‑level units featuring high‑end finishes, in‑unit laundry, and private entrances.
- All 3 units are legally deeded as condominiums and sold together as one transaction.
- Modern kitchens boast stainless steel appliances, center islands, and contemporary cabinetry.
- Located steps from restaurants, cafes, parks, and nightlife, and 10 minutes from Center City.
- Security features include a security system, exterior cameras, intercom, main entrance lock, and smoke detectors.
Overview
This is a fully renovated triplex located in a fast-growing Philadelphia neighborhood. The modern building contains 3 spacious bi-level units, each featuring high-end finishes, in-unit laundry, and private entrances. The property is suitable for investors and owner-occupants. The triplex contains a total of 3 bi-level apartments with 5 bedrooms and 3 full and 1 half bathrooms. The combined square footage is approximately 3,900 sq ft. Unit 1 (Ground Level) has 3 beds and 2.5 baths and is 1,800 sq ft. Unit 2F (Second Floor Front) has 1 bed and 1 bath and is 1,050 sq ft. Unit 2R (Second Floor Rear) has 1 bed and 1 bath and is 1,050 sq ft. All units feature modern kitchens with stainless steel appliances, center islands, and contemporary cabinetry. Hardwood flooring is present throughout. The spacious bathrooms have glass-enclosed showers, soaking tubs (in select units), double vanities, and skylight windows. Oversized windows and skylights provide abundant natural light, and there is generous closet space. Each unit has a washer and dryer. The property is steps from Fishtown, Northern Liberties, and Temple University and is surrounded by restaurants, cafes, parks, and nightlife. It is just 10 minutes to Center City by car or public transit.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.8k | $25.80 |
| − Vacancy | −$6.4k | −$1.42 |
| EGI | $109.4k | $24.38 |
| − OpEx | −$32.8k | −$7.31 |
| NOI | $76.6k | $17.06 |
4,488 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$957.3K – $1.28M
NOI $76,587 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$1.01M
$882.4K – $1.18M
NOI $70,594 @ 7.0% cap · market cap 7.35%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.156425
- Latitude
- 39.93173
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Fully renovated triplex with bi-level units near Fishtown.
Where is this triplex located?
The property is located at 1336 North 7th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Fully renovated triplex in a rapidly growing Philadelphia neighborhood.; Three spacious bi‑level units featuring high‑end finishes, in‑unit laundry, and private entrances.; All 3 units are legally deeded as condominiums and sold together as one transaction.
