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.
| MLS # | PAPH2622728 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1976 |
| Days On Site | 132 |
| Listing Provided By | SERHANT PENNSYLVANIA LLC | Jennifer Rhee |
| Units | 2 |
|---|---|
| Zoning | CMX2 |
| Acreage | 0.04 |
| Cooling | Ductless/Mini-Split, Multi Units, Wall Unit, Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric |
| Roof | Flat, Rubber, Wood |
|---|---|
| Construction Materials | Masonry |
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
| Tax Annual Amount | 7404 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19147 |
| Area | 19147 (19147) |
| School District | PHILADELPHIA CITY |
| Elementary School | WILLIAM M. MEREDITH SCHOOL |
| High School | FURNESS HORACE |
| Listing VS Median (in 19147) | |
Price: $1,200,000 low | high Med: $385,000 On site: 132 low | high Med: 83 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19147 |
| Area | 19147 (19147) |
| School District | PHILADELPHIA CITY |
| Elementary School | WILLIAM M. MEREDITH SCHOOL |
| High School | FURNESS HORACE |
| Listing VS Median (in 19147) | |
Price: $1,200,000 low | high Med: $385,000 On site: 132 low | high Med: 83 | |
![]() | $1,200,000626 S 7th StPhiladelphia, PA 19147 |