626 S 7TH ST, Philadelphia, PA 19147
626 S 7TH ST, Philadelphia, PA 19147
626 S 7TH ST, Philadelphia, PA 19147
626 S 7TH ST, Philadelphia, PA 19147
626 S 7TH ST, Philadelphia, PA 19147
626 S 7TH ST, Philadelphia, PA 19147
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Listed by Jennifer Rhee • SERHANT PENNSYLVANIA LLC
$ 1,200,000
Est. payment | /mo

1,720 Sqft Lot


Save
$ 1,200,000
Est. payment | /mo
Save

1,720 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2622728

Year Built 1990

Annual Tax Amount $7,404

Tax Year 2025

Lot Size 1,720 Sqft

Acres 0.04

Lot Dimensions 20.00 x 86.00

Property Sub-Type Mixed Use

Source BRIGHT

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.

Location

State PA

County Philadelphia

Area 19147 (19147)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling Ductless/Mini-Split, Multi Units, Wall Unit, Window Unit(s)

Flooring Hardwood

Inclusions All fixtures and appliances

Heat Source Electric

Exterior

Garage Spaces 1.0

Water Access N

Roof Type Flat,Rubber,Wood

Accessibility 36\"+ wide Halls

Total Parking Spaces 1

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools William M. Meredith School

Middle Schools William M. Meredith

High Schools Furness Horace

School District Philadelphia City

Others

Tax ID 871505280

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)
Nearby Locations
Jon Cohen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(856) 669-1424

jon@joncohenteam.com

983 Haddon Ave, Collingswood, NJ, 08108, USA

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626 S 7TH ST