1614 S BROAD ST, Philadelphia, PA 19145
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1614 S BROAD ST, Philadelphia, PA 19145
1614 S BROAD ST, Philadelphia, PA 19145
1614 S BROAD ST, Philadelphia, PA 19145
1614 S BROAD ST, Philadelphia, PA 19145
Listed by Jason Kleinman • SDG Management, LLC
Bought with Jason Kleinman • SDG Management, LLC

$920,000

Est. payment /mo

$1,000,000

8.0%
Est.Price: ?

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1614 S BROAD ST Philadelphia, PA 19145

1,476 Sqft Lot

SOLD DATE : 08/28/2026

Key Details

Sold Price $920,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PAPH2578202

Sold Date 08/28/26

Year Built 1915

Annual Tax Amount $7,208

Tax Year 2025

Lot Size 1,476 Sqft

Acres 0.03

Lot Dimensions 18.00 x 82.00

Property Sub-Type Five Or More Units

Source BRIGHT

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.

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning RSA5

Interior

Hot Water Electric

Heating Forced Air

Cooling Ductless/Mini-Split

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881111430

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Anita John

Anita John

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+1(415) 939-9924

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