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1618 S Broad St
For Sale $950,000 ($274.57 per Sq Ft)
$950,000 ($274.57 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 3,460 Sq Ft
- 1,476 Sq Ft
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $950,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 3,460 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 365009800 |
| MLS # | PAPH2587622 |
| Property ID | 321740844 |
| Lot Sqft | 1,476 |
| Zoning | RSA5 |
| Total Units | 3 |
| Days on Market | 4 |
| Original List Price | Unknown |
| Date Updated | February 27, 2026 |
| Date Created | February 26, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $86,400 | $0 |
Listing Provided By
ERIC Andrew Dvotsky an agent of BHHS Fox & Roach-Center City Walnut. Lic #rs332410
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Data last updated: March 02, 2026.
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Robert Crawford
REAL ESTATE AGENT