Philadelphia, PA 19146,1316-18 S BROAD ST
Philadelphia, PA 19146,1316-18 S BROAD ST
Philadelphia, PA 19146,1316-18 S BROAD ST
10
$1,225,000
$1,300,000
5.8%
Est.Price: ?

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2,566 Sqft Lot

1316-18 S BROAD ST Philadelphia, PA 19146

Est. payment /mo
SOLD DATE : 07/25/2016

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Key Details

Sold Price $1,225,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Point Breeze

MLS Listing ID 1002527518

Sold Date 07/25/16

HOA Y/N N

Originating Board TREND

Year Built 1916

Annual Tax Amount $2,282

Tax Year 2016

Lot Size 2,566 Sqft

Acres 0.06

Lot Dimensions 42X298

Property Description

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.

Location

State PA

County Philadelphia

Area 19146 (19146)

Zoning RSA5

Rooms

Other Rooms Primary Bedroom

Interior

Fireplace N

Exterior

Water Access N

Garage N

Building

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881133038

Ownership Other

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Bright MLS (BMLS)
Listed by Michael R. McCann • BHHS Fox & Roach-Center City Walnut
Bought with Michael R. McCann • BHHS Fox & Roach-Center City Walnut

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Donnell Taylor

Agent

+1(202) 320-5119

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