1618 S Broad St, Philadelphia, PA 19145

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
1618 S Broad St,Philadelphia, PA 19145
$800,000
  • 7 Beds
  • - Baths
  • 3,459 sq. ft.
  • Multi-family
  • Active
Listed by: jason kleinman, stephen d. stafford
Office: sdg management, llc.
MLS#:PAPH2663422
Source:BRIGHTMLS

Price summary

  • Price:$800,000
  • Price per sq. ft.:$231.28

About this home

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...

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Home facts

  • Year built:1915
  • Listing ID #:PAPH2663422
  • Added:2 day(s) ago
  • Updated:August 27, 2026 at 01:45 PM

Rooms and interior

  • Bedrooms:7
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:3,459 sq. ft.

Heating and cooling

  • Cooling:Ductless/Mini-Split
  • Heating:Electric, Heat Pump(s)

Structure and exterior

  • Year built:1915
  • Building area:3,459 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Brick/Mortar, Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$800,000
  • Price per sq. ft.:$231.28
  • Tax amount:$9,282 (2026)

Parking

  • Parking description:On Street

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