About 626 S 7th St
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.
Features of 626 S 7th St
| MLS® # | PAPH2622728 |
|---|---|
| Price | $1,200,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,720 |
| Acres | 0.04 |
| Year Built | 1976 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 626 S 7th St |
|---|---|
| Area | 19147 |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19147 |
Amenities
| Parking | Private |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Baseboard - Electric |
|---|---|
| Cooling | Ductless/Mini-Split, Multi Units, Wall Unit, Window Unit(s) |
Exterior
| Exterior | Masonry |
|---|---|
| Roof | Flat, Rubber, Wood |
| Construction | Masonry |
Additional Information
| Zoning | CMX2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | SERHANT PENNSYLVANIA LLC |
|---|