Your Key to the Main Line, Philadelphia, and its Surrounding Suburbs
MLS#PAPH2622728
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLPHILADELPHIA 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.
Property Features
Property Type: Commercial -
Cooling: Ductless/Mini-Split, Multi Units, Wall Unit, Window U
Fuel Type: Electric
Heating: Baseboard - Electric
Lot Size: 0.04 Acres
Roof Type: Flat, Rubber, Wood
Taxes: $7,404
Year Built: 1976
Feature Descriptions
Accessibility: 36"+ wide Halls
Days on Site: 4
Exterior: Masonry
Flooring: Hardwood
Location: Corner Lot/Unit
Lot Dimensions: 0.04 Acre(S)
Municipality: PHILADELPHIA
Parking Notes: Private
Sewer: Public Sewer
Total Garage/Parking Spaces: 1
Units: 2
Water: Public
Local Schools
High School: FURNESS HORACE
Middle School: WILLIAM M. MEREDITH
Elementary School: WILLIAM M. MEREDITH SCHOOL
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: SERHANT PENNSYLVANIA LLC
Agency Phone: 6106359977
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
626 S 7th Street | MLS# PAPH2622728
This commercial property located at 626 S 7th Street, Philadelphia, PA 19147 is currently listed for sale with an asking price of $1,200,000. S 7th Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.