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MLS: #PAPH2663422, Listed By: Jason Kleinman, SDG Management, LLC, Source:Bright MLS

1618 S Broad Street

PHILADELPHIA, PA 19145
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Bed 7

Bed

Bath 0

Bath

SqFt3,459

Sqft

Acres0.03

Acre(Lot)

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. Situate d 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 appeal. As development continues and property values rise throughout South Philadelphia, 1618 S Broad St offers investors the opportunity to acquire a fully renovated asset in an area with significant momentum.

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Detail Ic Property Details

Property Type : Residential Income

Price : $800,000

AD Id : 90040648

MLS Id : PAPH2663422

Beds : 7

Lot Size : 0.03 Acre

Living Area Size : 3,459

Year Built : 1915

County : PHILADELPHIA

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Feature Features

  • Bedroom Information

    Total beds: 7

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Heat Pump Has Cooling: Yes Cooling: Ductless, Electric

  • Building Information

    Year Built: 1915 Building Area Total: 3459 Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 18.00 x 82.00 Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1476

  • Listing Price Information

    Listing Price: $800000

  • Tax Information

    Parcel Number: 365009800 Tax Lot: 316 Tax Year: 2026 Annual Tax: $9282

  • Parking Information

    On Street

  • Location Information

    Direction: GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1506 W Porter Street, Philadelphia, PA, 19145 $419,900 2 -- 2,116 0.02 Acre
1533 W Passyunk Avenue, Philadelphia, PA, 19145 $440,000 3 -- 1,700 0.02 Acre
1528 W Porter Street, Philadelphia, PA, 19145 $580,000 5 -- 2,561 0.02 Acre
1745 S 16th Street, Philadelphia, PA, 19145 $369,900 4 -- 1,460 0.02 Acre
1641 W Ritner Street, Philadelphia, PA, 19145 $624,900 2 -- 2,736 0.02 Acre
1709 Hartranft Street, Philadelphia, PA, 19145 $649,900 4 -- 1,718 0.04 Acre
1713 Wolf Street, Philadelphia, PA, 19145 $329,900 3 -- 2,232 --
1714 Snyder Avenue, Philadelphia, PA, 19145 $549,000 5 -- 2,208 0.02 Acre
1735 Mckean Street, Philadelphia, PA, 19145 $380,000 4 -- 1,468 0.02 Acre
1715 S 18th Street, Philadelphia, PA, 19145 $899,900 4 -- 4,335 0.02 Acre

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 ByOwner 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. 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. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 08/31/2026 @ 08:52

MLS: PAPH2663422 LISTED BY: Jason Kleinman, SDG Management, LLC 267-239-2424 SOURCE: Bright MLS

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