Bi-Level Residential Income
For Sale
$410,000
1326 S BROAD STREET #1F, Philadelphia, PA 19146
Two-level condo with private entrances, updated finishes, shared courtyard access, and one assigned parking space.
Property Size1,002 SF
Price / SF$409.18
Days on Market42
Property Features for 1326 S BROAD STREET #1F
General Information
Standard status
Active
Size
1,002 SF
Property subtype
Apartment
Site & Location
Neighborhood
South Philadelphia
Building Details
Year Built
1900
Listing Agency:
KW Empower
(215) 627-3500
Listed By:
Christina M Briglia · License #RS333193
(267) 231-5484
Source:
Cummingsrealtors
Added: Sep 13
Changed: Oct 23
Last Checked: Oct 23 at 10:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Empower
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Investment Insights
Based on property information with market context.
This 1,002-square-foot bi-level condo offers separate entry points, a flexible layout, and updated interior finishes. The lower level includes luxury vinyl flooring, an eat-in kitchen with white quartz countertops and stainless steel appliances, plus a room that can function as a third bedroom with an en suite full bath and laundry. Upstairs, hardwood flooring, high ceilings, two bedrooms, an additional en suite bathroom, generous closet space, and natural light create a comfortable residential arrangement. One of the upper-level rooms can also serve as living space, an office, or flex area.
The property includes access to a shared courtyard with green space and one assigned parking space positioned behind the courtyard. Built in 1900, the home is located on Broad Street in Philadelphia, near Passyunk Square, the Italian Market, public transportation, and Center City.
The property includes access to a shared courtyard with green space and one assigned parking space positioned behind the courtyard. Built in 1900, the home is located on Broad Street in Philadelphia, near Passyunk Square, the Italian Market, public transportation, and Center City.
Key Highlights
- 1,002 SF bi‑level condo with flexible room configuration
- Private street entrance to the lower level plus a second entry from the common hallway
- Updated kitchen with white quartz counters and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,761
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,220
$315.2K
Cap Rate 7%
$225,157
$225.2K
Cap Rate 9%
$175,122
$175.1K
Market Conditions
NOI Build-Up for 1,002 SF
Gross rent
$30.4K $30.36/SF
− Vacancy
−$1.8K −$1.76/SF
EGI
$28.7K $28.60/SF
− OpEx
−$12.9K −$12.87/SF
NOI
$15.8K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,220
Cap Rate 7%
$225,157
Cap Rate 9%
$175,122
Alternative Uses
Best Use
Apartment 5plus
$225.2K
$197.0K – $262.7K
NOI $15,761 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$244.3K
$213.7K – $285.0K
NOI $17,099 @ 7.0% cap · market cap 4.17%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
3,767
Businesses Nearby
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Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-level condo with private entrances, updated finishes, shared courtyard access, and one assigned parking space.
Where is this residential income property located?
The property is located at 1326 S BROAD STREET #1F Philadelphia, PA.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 1,002 SF bi‑level condo with flexible room configuration; Private street entrance to the lower level plus a second entry from the common hallway; Updated kitchen with white quartz counters and stainless steel appliances
