626 S 7th St, Philadelphia, PA 19147
- $1,200,000
- List Price
- $1,200,000
- Days on Market
- 105
- Status
- ACTIVE
- MLS#
- PAPH2622728
- Lot Size (Acres)
- 0.04
- Year Built
- 1976
- County
- Philadelphia
- School District
- Philadelphia City
Property Description
Prime investment opportunity in this exceptionally maintained mixed use corner property with one significantly improved commercial space with attached garage, and one custom one bedroom + loft, bi-level residence with multiple private outdoor spaces and separate entry, lovingly named SKY HOUSE. This property is well positioned on a high traffic corner in Queen Village, coveted by businesses for its access to sophisticated clientele and by residents for its access to superb neighborhood offerings in highly sought-after Meredith catchment. Capitalize on local demand by offering the existing units as-is, at increased rents with minor renovation, or by development of two additional residential apartments as permitted by right. This property not only serves as a reliable income-generating asset but also positions you for long-term growth in a thriving market. Gross Potential Rent $72,000 as-is.
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Additional Information
- Area
- 19147 (19147)
- Taxes
- $7404
- School District
- Philadelphia City
- Elementary School
- William M. Meredith School
- Middle School
- William M. Meredith
- High School
- Furness Horace
- Flooring
- Hardwood
- Heating
- Baseboard - Electric
- Heating Fuel
- Electric
- Cooling
- Ductless/Mini-Split, Multi Units, Wall Unit, Window Unit(s)
- Roof
- Flat, Rubber, Wood
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of SERHANT PENNSYLVANIA LLC. Contact:
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