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626 S 7th Street
Philadelphia, PA 19147

$1,200,000 - Status: ACTIVE
SQFT: 2,720
MLS# PAPH2646856

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

MLS#: PAPH2646856
Zip: 19147
Subdivision:
Development: Philadelphia
Property Type: Multi Unit - Multiple
Number of Units: 2
Cooling: Ductless/Mini-Split, Multi Units, Wall Unit, Window U
Days on Site: 121
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
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 Description: 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

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 droccograndi.lewith-freeman.com today.

Listed By / Shown By

Listed By

Agency Name: SERHANT PENNSYLVANIA LLC
Agency Phone: 6106359977

Shown By

Agent Name: Deborah Roccograndi
Agent Phone: (570) 592-4207
Agency Title: Lewith & Freeman

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AGENT INFORMATION

Lewith & Freeman Deborah Roccograndi (570) 592-4207 deb66rocco@comcast.net

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Estimated Payment

$ 7,800.44 per month $6,833.44 Principal & Interest $617.00 Property Tax $350.00 Homeowner's Insurance

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