626 S 7TH STREET

$1,200,000

3 Baths 2,720 Sq.Ft. 1,720 Sq.Ft.

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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Location

626 S 7TH STREET, PHILADELPHIA, PA 19147

Status

For Sale

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Property Amenities

Interior

Appliances Gas Water Heater

Flooring Hardwood

Area & Lot

Total area 2,720 Sq.Ft.

Lot Area 1,720 Sq.Ft.

Living area 2,720 Sq.Ft.

MLS® ID PAPH2622728

Year Built 1976

School District PHILADELPHIA CITY

High School FURNESS HORACE

Middle School WILLIAM M. MEREDITH

Elementary School WILLIAM M. MEREDITH SCHOOL

Type Commercial

Status For Sale

Exterior

Air conditioning Multi Units, Window Unit(s), Ductless, Wall Unit(s), Electric

Heat type Electric, Baseboard

Disability Features Accessible Hallway(s)

Water Source Public

Sewer Public Sewer

Parking Private, Garage

Lot Features Corner Lot

Roof Flat, Rubber, Wood

Finance

Sales Price $1,200,000

Real Estate Tax $7,404 yearly

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Michael's experience, knowledge, and outstanding communication skills enable him to advocate for clients and expertly negotiate on their behalf. Whether you are looking to buy your dream home or sell your property at the best possible price, Michael is committed to delivering exceptional results. His friendly and personable demeanor makes him both well-respected by his peers and a trustworthy and reliable agent for his clients.

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$1,200,000

626 S 7TH STREET

Description

Share Property

Location

Status

Schedule a Showing

Schedule a Showing

The Main Line

Property Amenities

Interior

Area & Lot

Exterior

Finance

Mortgage Calculator

Exclusive Listings

$5,998,000

$5,850,000

$5,395,000

$5,390,000

$4,950,000

$4,250,000

$3,999,999

$3,995,000

$3,788,000

Work With Us

Follow Us on Instagram

Leave a Message

Thank you for your message. We will be in touch with you shortly.

$1,200,000

626 S 7TH STREET

Description

Share Property

Location

Status

Schedule a Showing

Schedule a Showing

The Main Line

Property Amenities

Interior

Area & Lot

Exterior

Finance

Mortgage Calculator

Exclusive Listings

$5,998,000

$5,850,000

$5,395,000

$5,390,000

$4,950,000

$4,250,000

$3,999,999

$3,995,000

$3,788,000

Work With Us

Follow Us on Instagram

Get in Touch

Contact Details

Philadelphia Real Estate