MLS#PAPH2578202
STATUSPENDING
PROPERTY TYPECommercial -
SCHOOLPHILADELPHIA CITY
Property Description
Situated along the South Broad Street corridor, 1614 S Broad St offers the opportunity to acquire a well-maintained multifamily property in a highly accessible, transit-oriented location in South Philadelphia, generating annual rental income of $98,378. The property consists of seven one-bedroom, one-bathroom units, all of which have been consistently cared for by current ownership. Several units have been fully renovated, including one renovated unit located below grade, demonstrating the achievable finish level and rent potential within the building. The remaining units are in solid condition and present light value-add opportunities through future turnover, allowing for incremental rent growth without the need for extensive capital investment. Located directly on the Broad Street Line, the property benefits from excellent connectivity to Center City, Passyunk Square, and major employment centers, supporting strong and durable tenant demand. Ongoing investment along the Broad Street corridor continues to reinforce the area’s appeal and long-term rental fundamentals. With in-place income, a history of maintenance, and clear upside through unit-by-unit improvements as tenants turn, 1614 S Broad St is well positioned for investors seeking a stabilized asset with manageable growth potential in a proven South Philadelphia market.
Property Features
Property Type: Commercial -
Cooling: Ductless/Mini-Split
Fuel Type: Electric
Heating: Forced Air
Lot Size: 0.03 Acres
Taxes: $7,208
Year Built: 1915
Feature Descriptions
Days on Site: 110
Exterior: Masonry
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 7
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: SDG Management, LLC
Agency Phone: 2672392424
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
1614 S Broad Street | MLS# PAPH2578202
This commercial property located at 1614 S Broad Street, Philadelphia, PA 19145 is currently listed for sale with an asking price of $1,000,000. S Broad Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymark.net today.