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Listed price in listed location currency (USD).
$1,200,000

402

MLS® PAPH2599616

  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential
Size 5160 sqft
Garage Yes
Taxes $9,028
Days Active 19
Lot Size 
Approx. Age 1923
Avg. Price Per Sqft $232
MLS® Number PAPH2599616

Property Address: 1248 S Broad St, PHILADELPHIA, PA, 19146-3119

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

Description

Exceptional South Broad Street opportunity on a prominent corner lot with strong visibility, scale, and multiple potential paths for repositioning. Located along one of Philadelphia’s most recognizable corridors, this property offers investors and developers the chance to transform a highly visible asset in a sought-after urban location. The ground floor is currently operating as a funeral home and will be decommissioned by the seller in preparation for sale, offering a more straightforward transition for the next owner. The finished basement provides additional functional square footage with high ceilings and plumbed bathrooms. The upper two floors are currently configured as a single residential unit and are leased month to month, with the tenant preparing to vacate in the near future, creating added flexibility for redevelopment or reconfiguration. The property is served by central air conditioning on the first floor and basement level with window units in the second and third floors. Mechanical systems include an above-ground oil tank fueling an oil furnace for the upper floors and a newer gas-fired furnace servicing the basement and first floor. A newer roof, installed within the last five years, covers approximately three quarters of the structure, excluding the rear section. An abandoned underground oil tank beneath the basement floor has been emptied and capped, and should be further investigated by buyer. A major value driver is the Wharton Street frontage, where a three-car-wide curb cut, existing two-bay garage door, and loading dock double man door present the likely opportunity to create three-car indoor parking, a rare and meaningful advantage for future residential or mixed-use planning. The property also includes an open deck over the garage and offers sweeping skyline views, including a direct sightline to Billy Penn. For a buyer with vision, this is a rare chance to acquire a corner asset with strong bones, meaningful square footage, parking potential, and iconic South Broad Street presence.
MLS® NumberPAPH2599616
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1923
BasementConnecting Stairway, Fully Finished, Heated, Rough Bath Plumb, Space For Rooms
DrivewayAttached Garage, Off Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 6, 2026List Date
$1,200,000List Price

Home Appraisal

This property is estimated to sell between: $286,000 and $1,657,000.
Similar properties in this area sold on average for: $286,928
Expected to sell in 109 days. Similar properties sold in 128 days. This home has been on eXp Realty for 19 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1248 S Broad St, Philadelphia, PA

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