Modern Bi-Level
For Sale
$599,900
2110 N 7TH STREET, Philadelphia, PA 19122
Two separate residences offer three-bedroom layouts, private outdoor areas, and in-unit laundry in a recently constructed property.
Property Size3,200 SF
Days on Market51
Property Features for 2110 N 7TH STREET
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Duplex
Site & Location
Neighborhood
Greenwich
Taxes and HOA fees
Annual Taxes
$10,554
Building Details
Building Size
3,200 SF
Year Built
2019
Listing Agency:
Opus Elite Real Estate
Listed By:
Alisia Snyder · License #RS334010
(267) 269-3973
Source:
Lizclarkrealestate
Added: Sep 12
Changed: Oct 31
Last Checked: Oct 30 at 8:22PM
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 Opus Elite Real Estate
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Investment Insights
Based on property information with market context.
Built in 2019, this duplex contains two fully separate bi-level residences. Each unit has 3 bedrooms, 3 full bathrooms, an open kitchen and living arrangement, high ceilings, and hardwood flooring. Kitchens include center islands, stainless steel appliances, dishwashers, and disposals. Additional features include wet bars with wine storage, walk-in closets, in-unit washers and dryers, private outdoor space, and a heated lower level with interior access. The upper residence also includes a roof deck, while the lower unit offers a deck and enclosed brick outdoor area.
The property has brick and aluminum siding, central air conditioning, natural gas heat, gas hot water, and public water and sewer. It is fully vacant and located at 2110 N 7th Street in Philadelphia’s 19122 corridor, minutes from Temple University, a short drive from Center City, and blocks from Fishtown.
The property has brick and aluminum siding, central air conditioning, natural gas heat, gas hot water, and public water and sewer. It is fully vacant and located at 2110 N 7th Street in Philadelphia’s 19122 corridor, minutes from Temple University, a short drive from Center City, and blocks from Fishtown.
Key Highlights
- Two fully separate bi‑level units, each with 3 bedrooms and 3 full bathrooms
- Built in 2019 with brick and aluminum siding
- Central air conditioning, natural gas heat, and gas hot water
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,608
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,092,160
$1.1M
Cap Rate 7%
$780,114
$780.1K
Cap Rate 9%
$606,756
$606.8K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$82.6K $25.80/SF
− Vacancy
−$4.5K −$1.42/SF
EGI
$78.0K $24.38/SF
− OpEx
−$23.4K −$7.31/SF
NOI
$54.6K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,092,160
Cap Rate 7%
$780,114
Cap Rate 9%
$606,756
Alternative Uses
Best Use
Multifamily LT 5
$780.1K
$682.6K – $910.1K
NOI $54,608 @ 7.0% cap · market cap 9.10%
Second Best
Apartment 5plus
$719.1K
$629.2K – $838.9K
NOI $50,334 @ 7.0% cap · market cap 8.39%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
3,450
Businesses Nearby
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Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer three-bedroom layouts, private outdoor areas, and in-unit laundry in a recently constructed property.
Where is this duplex located?
The property is located at 2110 N 7TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two fully separate bi‑level units, each with 3 bedrooms and 3 full bathrooms; Built in 2019 with brick and aluminum siding; Central air conditioning, natural gas heat, and gas hot water
