1316 S Broad St - Apartments FOR SALE


Philadelphia, PA 19146- Point Breeze
$1,950,000 USD
610-520-0100
1316 S Broad St, Philadelphia, PA for Sale
$1,950,000 USD
Apartments - FOR SALE
1/100
null | Request Cap Rate

1316 S Broad St
Philadelphia, PA 19146
Point Breeze


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$369 USD /SF

# OF UNITS

21

PRICE/UNIT

$92,857

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2018

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

RSA5

APN/PARCEL ID

881133075

ASK ABOUT THIS PROPERTY

Mike McCannMcCann CommercialMore Info
610-520-0100

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Mike McCannMcCann CommercialMore Info
610-520-0100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.