USAPAPhiladelphia1618 S Broad St
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$800,000

For Sale

An hour ago

1618 S Broad St, Philadelphia, PA

House

MLS® PAPH2663422

0 Bed

0 Bath

3459 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 3459 sqft
Garage 
Taxes $9,282
Days Active 0
Lot Size 0.03 Acres
Approx. Age 1915
Avg. Price Per Sqft $231
MLS® Number PAPH2663422

Property Address: 1618 S Broad St, Philadelphia, PA, 19145-1509

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 1618 S Broad St, a beautifully renovated triplex offering an exceptional opportunity to own a turnkey, income-producing asset in one of South Philadelphia’s rapidly evolving neighborhoods. The property has been 100% renovated and is currently 100% occupied, featuring two spacious 2-bedroom, 2-bathroom units and one 3-bedroom, 2-bathroom unit. All tenants are secured under leases through 2027, providing an investor with immediate, stable cash flow and long-term occupancy. The building generates $78, 720 in annual rental income and, at a 6.5% interest rate, delivers an attractive 1.32 DSCR, making this an excellent opportunity for investors seeking strong debt-service coverage and a turnkey multifamily asset. Beyond the numbers, the location is a major part of the story. Situated on S Broad St, the property benefits from the continued transformation of the surrounding area, with Passyunk Square, Newbold, and Point Breeze all contributing to the neighborhood’s growing appeal. As development continues and property values rise throughout South Philadelphia, 1618 S Broad St offers investors the opportunity to acquire a fully renovated asset in an area with significant momentum.
MLS® NumberPAPH2663422
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1915
BasementUnfinished
DrivewayOn Street
Garage Spaces
HeatHeat Pump(s), Electric
A/CDuctless/Mini-Split, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 25, 2026List Date
$800,000List Price
  • Commute

Commute

Starting Address
Destination Address
1618 S Broad St, Philadelphia, PA

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