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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(s):
Multi Family
| Last Updated | 5/2/2025 | Year Built | 1915 |
|---|---|---|---|
| Community | 19145 (19145) | County | PHILADELPHIA |
SCHOOLS
| School District | PHILADELPHIA CITY |
|---|
Additional Details
| AIR | Ductless, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19145 (19145) |
| HEAT | Electric, Forced Air |
| LOT | 1742 sq ft |
| LOT DIMENSIONS | 20.00 x 82.00 |
| PARKING | None |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 8715 |
| WATER | Public |
Location
Listing provided by Acquisition Team LLC
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 5/3/25 5:07 AM PDT
This IDX solution is (c) Diverse Solutions 2025.
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