1618 S Broad St, Philadelphia, PA 19145
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
1618 S Broad St,Philadelphia, PA 19145
$950,000
- 7 Beds
- - Baths
- 3,460 sq. ft.
- Multi-family
- Active
Listed by: eric andrew dvotsky, jason l rabinovich
Office: bhhs fox & roach-center city walnut
MLS#:PAPH2587622
Source:BRIGHTMLS
Price summary
- Price:$950,000
- Price per sq. ft.:$274.57
About this home
Philly CRE Advisors proudly presents 1618 S Broad St, a recently renovated and well-maintained multifamily asset prominently positioned along the highly visible Broad Street corridor in South Philadelphia’s Newbold neighborhood, offering a compelling opportunity for investors seeking strong in-place cash flow in one of the area’s most strategically located and steadily appreciating corridors. The property consists of three well-appointed residential units featuring modern finishes, central air, in-unit washer and dryer, and updated mechanical systems, providing contemporary comfort with minimal near-term capital expenditure requirements. The unit mix includes Unit 1, a 2-bedroom, 2-bathroom residence leased at $2,100 per month; Unit 2, a 2-bedroom, 2-bathroom residence leased at $2,200 per month; and Unit 3, a 3-bedroom, 2-bathroom residence leased at $2,100 per month, generating a total of $6,400 per month ($76,800 annually) in gross residential income and delivering immediate stabilized cash flow supported by strong rental fundamentals. Located steps from Methodist Hospital, the South Philadelphia Sports Complex, and the vibrant Passyunk Avenue dining and retail corridor, the property benefits from exceptional visibility, accessibility, and proximity to Broad Street transit with seamless access to Center City, positioning the asset for long-term appreciation and sustained rental demand in one of South Philadelphia’s most active and resilient submarkets.
Contact an agent
Home facts
- Year built:1915
- Listing ID #:PAPH2587622
- Added:1 day(s) ago
- Updated:February 28, 2026 at 04:40 AM
Rooms and interior
- Bedrooms:7
- Living area:3,460 sq. ft.
Heating and cooling
- Cooling:Ductless/Mini-Split
- Heating:Electric
Structure and exterior
- Year built:1915
- Building area:3,460 sq. ft.
- Lot area:0.03 Acres
- Architectural Style:Contemporary
- Construction Materials:Masonry
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$274.57
- Tax amount:$8,184 (2025)
New listings near 1618 S Broad St
- Coming Soon
$354,999Coming Soon3 beds 2 baths1320 N 26th St, PHILADELPHIA, PA 19121
MLS# PAPH2583738Listed by: HOMESTARR REALTY - Coming Soon
$359,900Coming Soon2 beds 2 baths815--37 Arch St #209, PHILADELPHIA, PA 19107
MLS# PAPH2587026Listed by: KW EMPOWER - New
$249,900Active3 beds 2 baths1,200 sq. ft.6758 Hegerman St, PHILADELPHIA, PA 19135
MLS# PAPH2588132Listed by: SMIRES & ASSOCIATES - Open Sun, 11am to 1pmNew
$279,900Active4 beds 2 baths1,504 sq. ft.5754 Cedar Ave, PHILADELPHIA, PA 19143
MLS# PAPH2588182Listed by: REAL OF PENNSYLVANIA - New
$200,000Active3 beds 1 baths1,200 sq. ft.4728 C St, PHILADELPHIA, PA 19120
MLS# PAPH2588240Listed by: EXIT ELEVATE REALTY - Coming Soon
$180,000Coming Soon3 beds 2 baths3455 Joyce St, PHILADELPHIA, PA 19134
MLS# PAPH2588466Listed by: GIRALDO REAL ESTATE GROUP - New
$250,000Active3 beds 2 baths1,228 sq. ft.4323 Bleigh Ave, PHILADELPHIA, PA 19136
MLS# PAPH2588470Listed by: CANAAN REALTY INVESTMENT GROUP - New
$199,900Active3 beds 2 baths1,332 sq. ft.3620 Morrell Ave, PHILADELPHIA, PA 19114
MLS# PAPH2588474Listed by: RE/MAX 2000 - New
$220,000Active3 beds 2 baths1,470 sq. ft.2258 Saint Vincent St, PHILADELPHIA, PA 19149
MLS# PAPH2588478Listed by: BHHS FOX & ROACH-CENTER CITY WALNUT - Coming Soon
$200,000Coming Soon3 beds 2 baths4910 Gransback St, PHILADELPHIA, PA 19120
MLS# PAPH2588484Listed by: GIRALDO REAL ESTATE GROUP