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$585,000
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Property Description
2006 S. 7th Street presents a unique opportunity to own a fully renovated mixed-use property in the heart of South Philadelphia, offering flexibility for investors, business owners, and owner-occupants alike. The street-level commercial space has been renovated and delivered as a clean white-box environment, ready for its next user. Featuring two bathrooms plus basement access for storage, the layout lends itself to a wide range of uses including retail, professional offices, creative studios, service businesses, boutique concepts, event space, and more. Above the commercial space is an impressive bi-level residential unit offering 4 bedrooms and 3 full bathrooms, thoughtfully renovated with today's buyer and tenant expectations in mind. The main living level features an open and inviting layout with abundant natural light, updated flooring, recessed lighting, and a modern kitchen designed for everyday living and entertaining. Highlights include quartz countertops, tile backsplash, stainless steel appliances, and breakfast bar seating. This level also offers a spacious bedroom, full bathroom, laundry area, and excellent storage options. Upstairs, you'll find three additional bedrooms including generous closet space throughout, along with two beautifully updated bathrooms finished with contemporary tile, updated vanities, and modern fixtures. Positioned in an established South Philadelphia neighborhood with convenient access to shopping, restaurants, public transportation, and major commuter routes, this property offers multiple paths for income generation and occupancy options. Whether you are looking to add a mixed-use asset to your portfolio, create a live/work setup, or establish your business while generating residential income, 2006 S. 7th Street delivers versatility, value, and long-term potential. Property is currently rented in both units.
Full Property Details
Full Property Details for 2006 S 7th St
General
- Price: $585,000
- Taxes: $3,997 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2615284
- Updated: 6/11/2026
- Added to Site: 56 day(s) ago
Business
- Business Type: Hair Salon and Spa
Parking
- Parking Type: On Street
Location
- Area: 19148 (19148)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Between Emily Street and McKean Street
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 976
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 61.00
- Zoning: CMX2
Financial Considerations
- Assessment Year: 2026
- School Tax: $2,238
- City/TownTax: $1,759
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $285,600
- Tax Amount: $3,997
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 348
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 2006 S 7th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Southwark School 1835 South 9th Street, Philadelphia, PA 19148 | K-6 | 0.2 mi |
South Philadelphia High School 2101 South Broad Street, Philadelphia, PA 19148 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2006 S 7th St
Date
Details
Price
Change
Source
5/19/2026
Listed
$585,000
650%
MLS
5/23/2025
Sold
$78,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2006 S 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,998
—
$285,600
—
2024
$3,998
36%
$285,600
100%
2021
$2,948
-33%
-100%
2023
$4,386
49%
$313,300
49%
2020
$2,948
1%
$210,600
1%
2019
$2,920
3%
$208,600
3%
2018
$2,836
-28%
$202,600
-28%
2017
$3,929
—
$280,700
—
2016
$3,929
4%
$280,700
—
2015
$3,761
—
$280,700
—
2014
$3,761
798%
$280,700
6446%
2013
$419
—
$4,288
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2006 S 7th St
2006 S 7th Street, Philadelphia, PA 19148 (MLS# PAPH2615284) is a Commercial Service property. 2006 S 7th Street is currently listed for $585,000 and was received on May 19, 2026. This property is listed by Phil Cavalcanto Team from our Old City Office.Want to learn more about 2006 S 7th Street? Do you have questions about finding other Commercial Service real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.


