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The Broad St Portfolio 2 Properties Offered at $2,728,820 CAD in Philadelphia, PA



Investment Highlights
- Fully renovated, turnkey investment portfolio with strong in-place income and minimal capital needs
- Steps from Jefferson Methodist Hospital, driving consistent rental demand
- Prime South Broad Street location with excellent visibility and high daily traffic counts
- Direct access to the Broad Street Line, SEPTA bus routes, Center City, and major highways
Executive Summary
Philly CRE Advisors proudly presents a rare South Broad Street portfolio opportunity consisting of 1602 & 1618 S Broad St, two recently renovated and well-maintained mixed-use and multifamily assets prominently positioned along the highly visible Broad Street corridor in South Philadelphia’s Newbold neighborhood. This offering provides investors, owner-occupants, and medical or professional users with a strategic opportunity to acquire stabilized assets with immediate cash flow, strong visibility, and long-term appreciation potential in one of South Philadelphia’s most active and steadily growing commercial corridors. The properties feature modern residential finishes, in-unit washer and dryer, central air conditioning, and updated mechanical systems, delivering contemporary comfort with minimal near-term capital expenditure requirements. 1602 S Broad St offers mixed-use flexibility ideal for investors or professional users, with stabilized residential income including a 2-bedroom, 2-bathroom unit leased at $2,000 per month and a 2-bedroom, 1-bathroom unit leased at $1,936 per month, while maintaining potential for owner-user or office utilization. 1618 S Broad St complements the portfolio with a fully stabilized multifamily component featuring three residential units, including a 2-bedroom, 2-bathroom unit leased at $2,100 per month, another 2-bedroom, 2-bathroom unit leased at $2,200 per month, and a 3-bedroom, 2-bathroom unit leased at $2,100 per month, generating $6,400 per month ($76,800 annually) in gross residential income. Both assets benefit from exceptional proximity to Methodist Hospital, the South Philadelphia Sports Complex and stadium district, Passyunk Avenue’s dining and retail corridor, and convenient Broad Street transit providing seamless access to Center City. This prime positioning supports sustained tenant demand, strong visibility, and long-term value appreciation, making the portfolio particularly attractive to healthcare professionals, investors, and business owners seeking stable income with upside in a high-growth South Philadelphia corridor.
Property Facts
| Price | $2,728,820 CAD | Number of Properties | 2 |
| Price / SF | $366.24 CAD / SF | Individually For Sale | 2 |
| Sale Type | Investment | Total Building Size | 7,451 SF |
| Status | Active | Total Land Area | 0.07 AC |
| Price | $2,728,820 CAD |
| Price / SF | $366.24 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 7,451 SF |
| Total Land Area | 0.07 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1618 S Broad St, Philadelphia, PA 19145 | Multifamily | 3,460 SF | 1920 | $1,296,190 CAD |
| 1602 S Broad St, Philadelphia, PA 19145 | Office | 3,991 SF | 2022 | $1,500,851 CAD |
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