BEDS0
BATHS
SQUARE FEET2,720
MLS#PAPH2646856
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPHILADELPHIA CITY
Property Description
Wouldn't it be wonderful to have a small business or space for a passion project on a picturesque neighborhood corner, and retire every evening to a beautifully custom home with incredible private amenities that's all right upstairs? Prime investment and development 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. The existing residence offers 1 bedroom, 1.5 baths, in-unit laundry in a dedicated laundry room, access to two private roof decks, two fireplaces, a loft space, and separate storage area that may be built out as additional living space. Live in the upstairs residence and set up shop in the fully built in ground level commercial space with interior access to the attached garage. 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ductless/Mini-Split, Multi Units, Wall Unit, Window U
Fuel Type: Electric
Garage: 1
Heating: Baseboard - Electric
Home Style: Bi-level
Lot Size: 0.04 Acres
Roof Type: Flat, Rubber, Wood
Taxes: $7,404
Year Built: 1976
Feature Descriptions
Additional Structures: Above Grade
Days on Site: 5
Exterior: Masonry
Flooring: Hardwood
Interior: Bathroom - Tub Shower, Cedar Closet(s), Exposed Beams, Floor Plan - Open, Skylight(s), Spiral Staircase, Window Treatments, Wood Floors, Other
Location: Corner Lot/Unit
Lot Dimensions: 0.04 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 1
Parking Notes: Private
Sewer: Public Sewer
Structure Type: Over Storefront
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: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 3,637.68 per month $2,670.68 Principal & Interest $617.00 Property Tax $350.00 Homeowner's InsuranceChange Payment Information
626 S 7th Street | MLS# PAPH2646856
This multi-family 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.realtymarkllc.com today.