2217 W THOMPSON ST, Philadelphia, PA 19121
2217 W THOMPSON ST, Philadelphia, PA 19121
2217 W THOMPSON ST, Philadelphia, PA 19121
2217 W THOMPSON ST, Philadelphia, PA 19121
2217 W THOMPSON ST, Philadelphia, PA 19121
2217 W THOMPSON ST, Philadelphia, PA 19121
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Listed by Christopher Taylor • EXP Realty, LLC
$ 789,000
Est. payment | /mo

2,857 SqFt


Save
$ 789,000
Est. payment | /mo
Save

2,857 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,857 sqft

Price per Sqft $276

MLS Listing ID PAPH2666882

Style Traditional

Abv Grd Liv Area 2,857

Year Built 2022

Available Date 2026-09-14

Annual Tax Amount $2,309

Tax Year 2026

Lot Size 1,216 Sqft

Acres 0.03

Lot Dimensions 16.00 x 76.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Rare opportunity: a 2022-built triplex with an assumable FHA mortgage at 5.0% and approximately 6.5 years remaining on a FULL 10-year tax abatement — current taxes just $2,309/year. Qualified buyers may inquire about assuming the existing loan (subject to servicer approval and owner-occupancy requirements), locking in a rate well below today's market and transforming the monthly math on this property.

Welcome to 2217 W Thompson Street, a masonry end-of-row triplex in Sharswood/Brewerytown, steps from Girard College and minutes to Fairmount, the Girard Avenue corridor, and Center City. Built in 2022 with 2,857 square feet above grade, the building offers three thoughtfully designed units, central air, in-unit laundry, and fully licensed legal units per the City of Philadelphia.

Unit 1 is a standout bi-level 3 bedroom, 3.5 bath residence with a private rear yard — a true house-sized apartment, leased through April 2027 with reliable income in place from day one. Unit 2 is a 2 bedroom, 2 bath occupied on a month-to-month basis, offering the next owner maximum flexibility. Unit 3, shown in the photos, is a light-filled 2 bedroom, 2 bath delivered vacant, featuring a modern kitchen with quartz counters, shaker cabinetry, and stainless appliances, two full baths, stacked laundry, and exclusive access to a massive private roof deck with skyline views — string lights, putting green, and all. This unit has a proven track record as a licensed short-term rental; booking history and income documentation are available to qualified buyers.

The flexibility is the story: assume the loan, occupy the vacant roof-deck unit, and let the other two units carry the lion's share of the payment — or continue the furnished-rental strategy in Unit 3 while collecting long-term rent below. Either way, the 100% tax abatement (improvement value fully exempt) means carrying costs that comparable buildings simply can't match.

With low-rate assumable financing, a full abatement, two units of income in place, and a vacant roof-deck unit ready for an owner or premium tenant, 2217 W Thompson checks boxes that almost never appear together in one listing.

Leases, income documentation, and loan details available upon request. Buyer responsible for verifying all information, including loan assumption eligibility, directly with the servicer.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Fully Finished

Interior

Hot Water Electric

Cooling Central A/C

Inclusions washer/dryer, all appliances in as-is where-is condition

Equipment See Remarks

Fireplace N

Heat Source Natural Gas

Laundry Washer In Unit

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 2857

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 291043110

Ownership Fee Simple

SqFt Source 2857

Acceptable Financing Assumption, Cash, Conventional, FHA

Listing Terms Assumption, Cash, Conventional, FHA

Financing Assumption,Cash,Conventional,FHA

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

CG REALTY LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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2217 W THOMPSON ST