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$620,000
3 Beds ⋅ 4 Baths
Welcome to 1718 S. 18th Street, a stunning custom renovation in the highly sought-after Newbold section of South Philadelphia, with exceptional modern finishes throughout. Highlighting approximately 6 years remaining on the improved value tax abatement, the new buyer will receive significant additional savings. This extra-wide, three-story home features 3 bedrooms, 3.5 baths, including two en-suite bedrooms, soaring ceilings, wide-plank solid oak flooring, and abundant natural light. Designed for modern living and entertaining, the open-concept main level offers a beautifully appointed kitchen with ample cabinetry and storage, a stylish powder room, and seamless access to a spacious rear patio finished in new concrete. The second-floor features two spacious bedrooms, two full baths, a convenient laundry, and a custom wet bar. The entire third floor is dedicated to the primary suite, complete with a spa-inspired bath featuring an oversized shower, double vanity, and direct access to a bi-level Trex roof deck with breathtaking 360-degree skyline views. Additional highlights include a fully finished, waterproofed basement with a French drain system and egress, two-zone high-efficiency HVAC, smart thermostats, abundant closet space in every room, which is a rarity in a townhouse, two washer/dryer hookups, and a SimpliSafe security system. Ideally located near the Broad Street Line, East Passyunk, and neighborhood favorites including Ultimo Coffee, South Philly Tap Room, Hardena, and Second District Brewing, this home offers the perfect blend of space, style, and convenience in one of Philadelphia’s most vibrant neighborhoods.

1718 S 18th St, Philadelphia

Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact: (215) 627-6005
$849,000
Philly CRE Advisors proudly presents 1618 S Broad Street, a recently renovated and meticulously maintained multifamily asset prominently positioned along the highly visible Broad Street corridor in South Philadelphia's thriving Newbold neighborhood. Offering a compelling combination of in-place income and upside potential, this investment presents an exceptional opportunity for buyers seeking a turnkey asset in one of the city's most strategically located and steadily appreciating corridors. The property consists of three thoughtfully designed residential units featuring modern finishes, central air conditioning, in-unit laundry, and updated mechanical systems, delivering contemporary living with minimal near-term capital expenditure requirements. The unit mix includes Unit 1, a three-bedroom, two-bathroom residence leased at $2,100 per month; Unit 2, a two-bedroom, two-bathroom residence leased at $2,200 per month; and Unit 3, a two-bedroom, two-bathroom residence that is currently vacant, presenting an immediate value-add opportunity for a new owner. Based on current market conditions, Unit 3 is well-positioned to achieve approximately $2,400 per month, increasing the property's gross potential residential income to approximately $6,700 per month ($80,400 annually) upon lease-up. Located just steps from Jefferson Methodist Hospital, the South Philadelphia Sports Complex, the Navy Yard, and the award-winning restaurants, boutiques, and entertainment along East Passyunk Avenue, the property benefits from exceptional accessibility and a deep pool of prospective tenants. Immediate access to the Broad Street Line, SEPTA bus routes, Center City, I-76, and I-95 further enhances its appeal to young professionals, medical personnel, educators, and other renters seeking convenience and connectivity. With its strong in-place income, lease-up potential, and prime South Philadelphia location, 1618 S Broad Street represents an outstanding opportunity to acquire a high-quality multifamily asset in one of the city's most resilient and sought-after rental submarkets.

1618 S Broad St, Philadelphia

Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact: (215) 627-6005