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1316 S Broad St
Philadelphia, PA 19146
Multifamily Property For Sale
·
21 Units
Executive Summary
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.
Property Facts
| Price Per Unit | $118,071 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| No. Units | 21 | Building Size | 2,566 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Mid-Rise | ||
| Zoning | RSA5 | ||
| Price Per Unit | $118,071 CAD |
| Sale Type | Investment |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 2,566 SF |
| No. Stories | 4 |
| Year Built | 1920 |
| Zoning | RSA5 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 3 | $3,065 CAD | 1 |
| 1+1 | 13 | $2,049 CAD | 1 |
| 2+1.5 | 5 | $3,719 CAD | 1 |
Property Taxes
| Parcel Number | 365004100 | Improvements Assessment | $449,485 CAD |
| Land Assessment | $112,371 CAD | Total Assessment | $561,856 CAD |
Property Taxes
Parcel Number
365004100
Land Assessment
$112,371 CAD
Improvements Assessment
$449,485 CAD
Total Assessment
$561,856 CAD
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