About This Home
This 0-bedroom, 0-bathroom residential multi family at 626 S 7TH Street in Philadelphia, PA is listed for $1,200,000 ($441 per sqft). Built in 1976, the home offers 2,720 sqft of living space on a 0.04 acres lot.
Key Features
- Built in 1976
- 0.04 acre lot
- 2 stories
- 1 parking spaces
Property Details
Amenities
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. 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.
Monthly Cost Estimate
$6,418/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
626 S 7TH Street
Philadelphia, PA 19147
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 626 S 7TH Street is listed at $1,200,000 ($441/sqft). The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1976, 0.04 acre lot, 2 stories, 1 parking spaces. Interior Features: Bathroom - Tub Shower, Cedar Closet(s), Exposed Beams.
This property is listed by Jennifer Rhee and can be reached at 2672667044.
