1316-18 S BROAD ST
Philadelphia, PA 19146

Sold 7/25/2016

Attention all Contractors and Developers,1316-1318 S. Broad Street is an unbelievable development opportunity in the highest appreciating neighborhood in the city, Point Breeze. These properties are in shell condition and need total rehab. 1316 boasts 5282 square feet and has a lot size of 21.41 feet by 119.87 feet. It was most presently zoned as 7 units, however the licenses were not recently renewed. 1318 has 4812 square feet with a lot size of 21.41 feet by 178 feet. It runs street to street, backing up to Carlisle Street, which could possibly allow the construction of another building in the rear. It was also most recently zoned for 7 units, but again the licenses have not been recently renewed. From the roofs, which are accessible, there are 360 degree views, and a clear shot of the Center City sky line. The sellers are firm with their price, and this project is not for the faint at heart. There are current fire alarm systems and fire escapes. Only 5 of the units can be shown at 1318, and the listing agent must attend all appointments.Do not let this project pass you by, the cash flow could be astounding, or the resale of condominiums, very profitable.

Property Details
  • Philadelphia
    school district
  • $2,282.00
  • 1918
  • 4
  • 6513280
School district: Philadelphia
Lot acreage is: 0.06
Lot dimension is: 42X298
Subdivision: POINT BREEZE
Lot zoned: RSA5
Property style: 1
Tax year: 2016
Courtesy of:
BHHS Fox & Roach-Center City Walnut

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Address Distance Sale date Sale price
1316-18 S BROAD ST 0 mi. 7/25/2016 $1,225,000
1606-10 S 8TH ST 0.59 mi. 2/16/2018 $1,015,000
2212-14 S BROAD ST 0.76 mi. 4/27/2017 $1,300,000
1628 PINE ST 0.85 mi. 12/13/2016 $1,075,000
701 S 7TH ST 0.9 mi. 5/26/2017 $1,200,000
1629 SPRUCE ST 0.98 mi. 11/7/2017 $1,600,000
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1316-18 S BROAD ST, Philadelphia, PA 19146 commercial was sold for $1,225,000.
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