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31222205
31222225

1909 S Broad St, Philadelphia, PA 19148

JK
PA PA362457, NJ 2559900
SDG Real Estate
SS
PA RM424801
SDG Real Estate
Listed by SDG Real Estate
$750,000
74 days on market
Updated 70 days ago

1909 S Broad Street

Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 3,311
Units 4
Occupancy 100%
Tenancy Multi
Lease Expiration 02/28/2031
Remaining Term 4.7
Rent Bumps Yes
Pro-Forma Cap Rate 6.07%
Pro-Forma NOI $45,561
Price per SqFt $227
Class B
Buildings 1
Lot Size (SqFt) 1,750
Zoning CMX2
Investment Type Value Add
Ownership Fee Simple

Mixed Use | 3,311 SqFt

Marketing 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.

Listing Contacts

JK
PA PA362457, NJ 2559900
SDG Real Estate
SS
PA RM424801
SDG Real Estate
Listed by SDG Real Estate

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Additional Information

Name
Jason Kleinman
License
PA362457
Brokerage
SDG Management LLC
Brokerage Phone
6093354016
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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