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MLS: #PAPH2599616, Listed By: Meghan Houder, Compass Pennsylvania, LLC, Source:Bright MLS

1248 S Broad Street

PHILADELPHIA, PA 19146
Mark as Favorite
Bed 4

Bed

Bath 0

Bath

SqFt5,160

Sqft

Acres0.05

Acre(Lot)

Exceptional South Broad Street opportunity on a prominent corner lot with strong visibility, scale, and multiple potential paths for repositioning. Located along one of Philadelphia’s most recognizable corridors, this property offers investors and developers the chance to transform a highly visible asset in a sought-after urban location. The ground floor is currently operating as a funeral home and will be decommissioned by the seller in preparation for sale, offering a more straightforward transition for the next owner. The finished basement provides additional functional square footage with high ceilings and plumbed bathrooms. The upper two floors are currently configured as a single residential unit and are leased month to month, with the tenant preparing to vacate in the near future, c reating added flexibility for redevelopment or reconfiguration. The property is served by central air conditioning on the first floor and basement level with window units in the second and third floors. Mechanical systems include an above-ground oil tank fueling an oil furnace for the upper floors and a newer gas-fired furnace servicing the basement and first floor. A newer roof, installed within the last five years, covers approximately three quarters of the structure, excluding the rear section. An abandoned underground oil tank beneath the basement floor has been emptied and capped, and should be further investigated by buyer. A major value driver is the Wharton Street frontage, where a three-car-wide curb cut, existing two-bay garage door, and loading dock double man door present the likely opportunity to create three-car indoor parking, a rare and meaningful advantage for future residential or mixed-use planning. The property also includes an open deck over the garage and offers sweeping skyline views, including a direct sightline to Billy Penn. For a buyer with vision, this is a rare chance to acquire a corner asset with strong bones, meaningful square footage, parking potential, and iconic South Broad Street presence.

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Detail Ic Property Details

Property Type : Residential

Price : $1,100,000

AD Id : 76826596

MLS Id : PAPH2599616

Beds : 4

Lot Size : 0.05 Acre

Living Area Size : 5,160

Year Built : 1923

Garage : 2

County : PHILADELPHIA

Subdivision: Point Breeze

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Feature Features

  • Bedroom Information

    Total beds: 4

    Room Information

    Has Basement: Yes Basement: Finished, Bath/Stubbed
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Oil, Forced Air Has Cooling: Yes Cooling: Central Air, Window Unit(s), Gas, Electric

  • Building Information

    Year Built: 1923 Building Area Total: 5160 Pool Features: None Private Pool: No View: City

  • Lot Information

    Lot Dimensions: 20.00 x 108.00 Lot Size Acres: 0.05 Lot Size Source: Assessor Lot Size Square Feet: 2160 Lot Description: Corner Lot

    Property Information

    Subdivision: POINT BREEZE Source Property Type: Residential Postal Code Plus 4: 3119 Property SubType: Townhouse Levels: Three Or More Property Age: 103

  • Listing Price Information

    Listing Price: $1100000

  • Tax Information

    Parcel Number: 882922165 Tax Lot: 203 Tax Year: 2025 Annual Tax: $9028

  • Parking Information

    Parking Total: 2 Off Street, Garage, Inside Entrance, Attached

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2 Pets Allowed: Yes

  • Utility Information

    Natural Gas Available
  • Location Information

    Direction: From 95, take Exit 17 ( Pa 611 North- Broad Street) - towards Pattison Avenue. In 2.8 miles the destination is on our left. WaterSource: Public Security Features: Security System
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2431 Innovator Way #B8, Philadelphia, PA, 19146 $1,499,999 4 4 3,050 3,050 SqFt
1430 Kenilworth Street, Philadelphia, PA, 19146 $1,990,000 4 6 3,800 3,800 SqFt
1419 Wharton Street, Philadelphia, PA, 19146 $879,000 5 3 2,792 2,792 SqFt
1211 S 15th Street, Philadelphia, PA, 19146 $660,000 5 2 2,622 2,622 SqFt
1315 S 15th Street, Philadelphia, PA, 19146 $450,000 6 3 2,344 2,344 SqFt
765 S 15th Street, Philadelphia, PA, 19146 $1,095,000 4 4 3,029 3,029 SqFt
1509 Reed Street, Philadelphia, PA, 19146 $700,000 4 3 2,384 2,384 SqFt
1526 S Lecount Street, Philadelphia, PA, 19146 $224,999 2 1 784 784 SqFt
1508 S Lecount Street, Philadelphia, PA, 19146 $445,000 4 3 2,400 2,400 SqFt
764 S Hicks Street, Philadelphia, PA, 19146 $475,000 3 2 1,200 1,200 SqFt

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 06/24/2026 @ 08:37

MLS: PAPH2599616 LISTED BY: Meghan Houder, Compass Pennsylvania, LLC 610-947-0408 SOURCE: Bright MLS

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