• -- Beds
  • -- Baths
  • 3096 sqft
  • Commercial
  • Pending
1635 S BROAD ST, PHILADELPHIA - 48878725

Property Description for 1635 S BROAD ST, PHILADELPHIA PA 19148

Terrific opportunity to own a double property on south broad in one of the most desirable neighborhoods, Passyunk Avenue Square. This double property is ready to be developed to any extent the new owner would like. The first floor has been completely demised and ready for a new commercial tenant. It can also be configured for (2)-500sq ft. commercial units and 2 large (2) - bedroom units. Rents for 2- bedroom units range from 1600 to 2000 per month. 3 to 4 LEGAL parking spaces in the rear of the building with electric gated parking. The 2nd and 3rd floors on both properties contain existing nicely appointed 1-bedroom units. 1-bedroom units rent for 1100 - 1300 per month. The owner has architectural plans to convert them to large 2-bedroom 2 bath units on both properties. The total unit count could consist of: (6) - 2bedroom units and 2 smaller commercial spaces on the broad street corridor. Apartments 6 X 1800 = 10,800 per month Commercial space 2 x 600 = 1200 per month Total potential yearly 144,000 Plus, full basement for utilities, storage or coin operated washer dryers. Architectural Plans attached.

  • Property Class: Commercial
  • Listing Status: Pending
  • State: PA
  • Zip: 19148
  • Area: Philadelphia – 19148
  • Class: Commercial
  • Approx Lot Size: 0.050
  • Baths (F/H): -- / --
  • Living Area (SqFt): 3096 sqft
  • Lot Sq Ft Apx: 1968.00
  • Year Built: 1968
  • Listing#: 7103349
  • School District: Philadelphia
  • Tax Year: 2018
  • Close Date: 9/25/2018
  • List Date: 1/10/2018
  • Last updated on: 9/22/2018

Property Features for 1635 S BROAD ST, PHILADELPHIA PA 19148

  • Building Or Business: Commercial, Apartmnt BLD
  • Property Age: 50
  • Exterior: Brick
  • Roof: Flatroof
  • Foundation: Concretefoun

Additional Information for 1635 S BROAD ST, PHILADELPHIA PA 19148

  • School District: Philadelphia
  • Building Floors: 3.00
  • Buildings: 2
  • Improv Assessed Amt: $289,280
  • Interior Square Feet Source: A
  • Land Only: False
  • Land Use Code: Y50
  • Lot Dimensions: 16X123
  • Lot Number: 250
  • Ownership: Fee Simple
  • Property Option: Sale
  • Total Assessment: 361600.00
  • Water Front: False
  • Total Taxes: $5,062
  • Listing Area: Philadelphia – 19148
  • Subdivision: Passyunk Square
  • Listing ID: 7103349
Courtesy of Keller Williams Realty Center City
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