About 1212 N 7th St
Well maintained Four-Unit property in Olde Kensington
Well Maintained 4-unit multi-family property in Old Kensington
Fantastic investment opportunity in one of the city’s fastest-growing neighborhoods. This tastefully renovated and well-maintained quadraplex offers four occupied units with leases in place, generating a total monthly income of $4,542. All units are currently rented below market value, leaving strong potential for increased returns.
The property features a charming first-floor studio with a lofted sleeping area, a spacious bi-level two-bedroom unit on the first and second floors with direct 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 also located on the second floor, offering added convenience for tenants and additional income potential.
Tenants are happy and looking to stay, providing stability for a new owner. The surrounding area has seen tremendous development with new townhomes, multi-unit buildings, shops, and restaurants, including the newly opened spot 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.
Perfect for investors seeking strong rental upside, or for an owner-occupant looking to live in one unit while building equity. Conveniently close to public transportation and neighborhood amenities, this property sits at the heart of an exciting, rapidly developing community.
Don’t miss out, schedule your appointment today!
