Property
Philadelphia, PA 19145 2318 S Broad Street
$799,000
23 more
Presented By: Canaan Realty Investment Group
Beds • 4
Beds • 4Home Details
Fantastic income-producing 4-unit property located right on South Broad Street! The first-floor commercial space has been converted into a residential apartment, making this a fully residential, legal 4-unit building. Each unit features updated hardwood floors throughout, providing modern appeal and low maintenance. Rent below Market. The owner pays water and heating, with one central heater servicing the entire building. Electric meters are separated, allowing tenants to manage their own usage.
Additional perks include individual storage units in the basement for each tenant a rare and valuable feature for city rentals.
Located close to public transportation, major highways, and Philadelphias sports stadiums, this property sits in the heart of where the city celebrates enjoy watching the parades right from Broad Street!
Whether youre a seasoned investor or new to multi-family ownership, 2318 S Broad Street offers strong rental income, steady tenant demand, and unbeatable location.
Presented By: Canaan Realty Investment Group
Interior Features for 2318 S Broad Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
FlooringHardwood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 2318 S Broad Street
Accessibility36 + wide Halls
Architectural StyleStraight Thru
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingWindow Unit(s)
CountyPHILADELPHIA
DirectionsGPS
ExclusionsTenants belongings.
Garage Y/NNo
HeatingBaseboard - Hot Water
Home Warranty Y/NNo
Lease TypeGross
Living Area2814
Lot Size Square Feet1440.00
Lot Size UnitsSquare Feet
MLS Area19145 (19145)
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
Number of Units Leased5
One Bedroom Units Count2
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG283.94
Property ConditionGood
Property SubtypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofFlat
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count2
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount7071.0
Tax Assessed Value505200.0
Tax Lot189
Tax Year2025
Total Actual Rent58200.00
Total Rooms6
Total SQFT2814
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1914
Year Built SourceAssessor
ZoningRSA5
Exterior for 2318 S Broad Street
Foundation DetailsBlock
Land Assessed Value101040.00
Land Use CodeY50
Lot Dimensions18.00 x 80.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Brian Lee
Associate