1602 S Broad Street
Philadelphia, PA 19145
- – beds
- – baths
- 3,833 sqft
- 1,640 sqft lot
- $286 per sqft
- 1915 build
1602 S Broad St is a fully renovated, income-producing triplex located in the heart of South Philadelphia’s bustling Broad Street corridor. The property consists of a leased commercial storefront and two leased residential apartments, offering a turnkey investment with immediate cash flow. Each unit has been meticulously updated with a blend of original architectural character and modern finishes. Interiors feature high ceilings, large windows, in-unit laundry, stainless steel appliances, quartz countertops, and designer tile bathrooms. Smart home upgrades and thoughtful design choices throughout enhance the appeal for both commercial and residential tenants. The building sits just steps from the Tasker-Morris Broad Street Line station, providing easy access to Center City and other parts of the city via public transit. It’s also located around the corner from the popular Passyunk Square neighborhood, known for its vibrant mix of restaurants, boutiques, and cafes. This high-visibility location benefits from strong foot traffic, dense residential surroundings, and continued growth in the surrounding area. With all units leased and minimal maintenance required, 1602 S Broad St is a strong addition to any investment portfolio.
Last checked:
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Last updated May 3, 2025
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MLS# PAPH2477532 —
The Building
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Year Built:1915
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Year Built Source:Assessor
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Year Major Reno/Remodel:2023
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:3
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Structure Type:Interior Row/Townhouse
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Architectural Style:Other
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:3833
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3833
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Living Area SqFt:3,833 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Immediate
Location
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Directions:travel south on Broad St from city hall
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Latitude:39.93037000
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Longitude:-75.16874000
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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Lot Size Source:Assessor
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Lot Size Dimensions:20.00 x 82.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,640 Sqft
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Zoning:RSA5
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:Y50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (856) 214-5397
- Office phone:
- (856) 214-5397
Taxes
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Tax ID Number:871169750
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Tax Year:2024
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Tax Lot:328
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Tax Annual Amount:$8,715
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Tax Assessed Value:$622,600
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Year Assessed:2025
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School Tax:4880.0
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City/Town Tax:3834.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Ductless/Mini-Split
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:None
Extra Units
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Vacation Rental:No
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/2/25
May 2, 2025
|
Listed / Active | BRIGHT | $1,100,000 |
