1909 S Broad St,PHILADELPHIA, PA 19148
PHILADELPHIA, PA 19148
Description
Situated along the South Broad Street corridor, 1909 S Broad St offers the opportunity to acquire a mixed-use asset in a highly visible, transit-oriented location in South Philadelphia, generating $65,760 in annual rental income. The property consists of three residential units above a street-level commercial space, providing a balanced mix of residential income and long-term commercial stability. The commercial unit is leased through February 2031 and is currently undergoing renovations as the tenant completes their buildout ahead of a new 5-year lease, ensuring durable in-place cash flow. The residential units benefit from strong tenant demand driven by the surrounding neighborhood and proximity to transit. Located just two blocks from the Broad Street Line, the property offers convenient access to Center City, Passyunk Square, and major employment hubs. The immediate area is anchored by well-established dining destinations including Barcelona Wine Bar, Hardena, Stogie Joe's, and Le Virtù, further enhancing appeal for both residents and retail users. With continued investment along the Broad Street corridor supporting long-term demand and appreciation, 1909 S Broad St presents a compelling opportunity to acquire a stable, income-producing mixed-use asset in one of South Philadelphia's most active corridors.
Details
| MLS # | PAPH2589474 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1925 |
| Days On Site | 201 |
| Listing Provided By | SDG Management, LLC | Jason Kleinman |
Features
| Units | 4 |
|---|---|
| Zoning | CMX2 |
| Acreage | 0.04 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Construction Materials | Masonry |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 8363 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19148 |
| Area | 19148 (19148) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19148) | |
Price: $750,000 low | high Med: $295,000 On site: 201 low | high Med: 25 | |
Market Activity 19148
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19148 |
| Area | 19148 (19148) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19148) | |
Price: $750,000 low | high Med: $295,000 On site: 201 low | high Med: 25 | |
