Description
1602 s broad st is a fully renovated, income-producing triplex located in the heart of south philadelphia’s bustling broad street corridor. the property consists of a leased commercial storefront and two leased residential apartments, offering a turnkey investment with immediate cash flow. each unit has been meticulously updated with a blend of original architectural character and modern finishes. interiors feature high ceilings, large windows, in-unit laundry, stainless steel appliances, quartz countertops, and designer tile bathrooms. smart home upgrades and thoughtful design choices throughout enhance the appeal for both commercial and residential tenants.
the building sits just steps from the tasker-morris broad street line station, providing easy access to center city and other parts of the city via public transit. it’s also located around the corner from the popular passyunk square neighborhood, known for its vibrant mix of restaurants, boutiques, and cafes. this high-visibility location benefits from strong foot traffic, dense residential surroundings, and continued growth in the surrounding area. with all units leased and minimal maintenance required, 1602 s broad st is a strong addition to any investment portfolio.
Property Type
Multi-FamilyCounty
PHILADELPHIAStyle
OtherAD ID
49586084
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Ductless/Mini-Split
- Heating: Forced Air
- Cooling Fuel: Electric
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 1915
- Structure: Interior Row/Townhouse
- New Construction: No
- Total Units: 3
- Built: 1915
- Construction Material: Masonry
- Foundation/Basement: Concrete Perimeter
- Architecture: Other
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 1,640
- Dimensions: 20.00 x 82.00
- Lot Size (Acres): 0.04
- Architectural Style: Other
- Main Square Feet: 1,640
Property Information
- SQ ft: 3,833
- SQ ft (Living Area): 3,833
- Total Lot SQ ft: 1,640
- Appx. Lot Dimensions: 20.00 x 82.00
- Total Acreage: 0.04
- New Construction: No
- Type: Other
-
Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $8,715
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $622,600
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: None
Homeowners Association Information
- Direction: travel south on Broad St from city hall
-
School, Utilities & Location Details
School Information
- School District: PHILADELPHIA CITY
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Hot Water: Electric
Location Information
- Direction: travel south on Broad St from city hall
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BuyOwner last updated this listing 05/05/2025 @ 03:49
- MLS: PAPH2477532
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 3,833 sqft, 1,640 sized lot, and 0 parking. are nearby neighborhoods.