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Photo of 1602 S Broad Street, Philadelphia PA
1602 S Broad Street
Philadelphia, PA 19145
# of Units
3
2 Bdrm Units
1
3 Bdrm Units
1
Acres
0.04
Interior SqFt
3,833
Age
109
Heating
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2022)
8,449
Additional Details Below

Description

Welcome to 1602 S Broad St, a meticulously renovated mixed-use gem nestled conveniently on Broad St in Newbold. This high-end property spans over 3,800 square feet and boasts a prime location at the intersection of Broad and Tasker. The commercial unit has just been leased for a solid 5-year term to a massage therapy office at $2,300 triple net, ensuring a reliable and attractive income stream. The allure of this building is further accentuated by the expansive windows in both upstairs units, bathing the spaces in natural light and providing captivating views of Broad Street. Recently subjected to a luxurious renovation, both residential units were swiftly leased. Unit 2, a 2-bedroom, 1-bath residence, commands $1,900 per month, while Unit 3, a 2-bedroom, 2-bath, brings in $2,200 monthly. Each unit exceeds 1,000 square feet and is equipped with top-of-the-line new Bosch HVAC systems and in-unit laundry. The property's mechanicals were recently updated, contributing to its allure and ease of management. Its strategic location in the desirable Newbold neighborhood ensures tenants easy access to Philadelphia's premier attractions, complemented by the convenient proximity to the Broad Street line. Revel in the vibrant shopping scene on Passyunk Ave and relish the close proximity to downtown, offering tenants a myriad of entertainment options. With current gross rents totaling $7,600 per month. Don't let this exceptional opportunity slip away!

Location

Driving Directions

Refer to GPS.

Listing Details

Summary
Architectural Type

Straight Thru

Exterior Features
Exterior Features

Masonry

Utilities
Cooling

Central A/C, Natural Gas

Heating

Forced Air, Natural Gas

Hot Water

Natural Gas

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Rsa5
Lattitude : 39.930370
Longitude : -75.168740
MLS# : PAPH2300486
Views : 44
Listing Courtesy: ERIC Dvotsky of BHHS Fox & Roach-Center City Walnut

Notes

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