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Listed by Michael McCann • KW Empower
$1,750,000
Est. payment /mo
2,566 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Avenue Of The Arts
MLS Listing ID PAPH2684656
Year Built 2018
Annual Tax Amount $1,763
Tax Year 2025
Lot Size 2,566 Sqft
Acres 0.06
Lot Dimensions 21.00 x 120.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Welcome to 1316 S Broad Street, a prime 2018 construction multi-family asset located on one of Philadelphia's most recognizable corridors. This well-maintained building features six total units, consisting of three spacious 1 bed / 1 bath units and three generously sized 2 bedroom units, offering an ideal unit mix for strong rental demand. Each residence showcases modern finishes, contemporary layouts, and quality craftsmanship throughout. The property offers exceptional outdoor amenities including two private roof decks — one shared roof deck with sweeping city views for all residents and a separate exclusive roof deck reserved for the penthouse unit — as well as a private rear backyard space. Positioned in a high-visibility South Broad Street location with easy access to Center City, public transportation, restaurants, and retail, this turnkey investment presents an outstanding opportunity for both seasoned and first-time investors seeking stable income in a premier Philadelphia location. Photos are from previous listings.
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning RSA5
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881133075
Ownership Fee Simple
Special Listing Condition Standard
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