Renovated Triplex with Private
1413 South Broad Street Philadelphia, PA 19147
For Sale
$1,200,000
Fully renovated in 2014 and converted to three separately metered apartments with multiple private patio and deck spaces.
Property Size3,143 SF
Price / SF$381.80
Days on Market74
Property Features for 1413 South Broad Street
General Information
- Standard status
- Active
- Size
- 3,143 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing Agency:
KW Empower
(267) 210-0488
Listed By:
Paul Chin · License #RS229203
(267) 210-0488
Source:
Compass
Added: May 11
Changed: Jul 22
Last Checked: Jul 23 at 10:48AM
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
Investment Insights
Based on property information with market context.
This fully renovated triplex was converted from a single residence into three separately metered apartments. The property was renovated in 2014 and offers three self-contained units. Unit 1 features 3 bedrooms and 2.5 baths, a granite kitchen, and exclusive access to a partially finished basement, along with a private patio that provides two-car side-by-side parking via a remote-controlled roll-up garage door. Unit 2 offers 2 bedrooms and 1 bath with hardwood floors and a granite kitchen, plus a 25-foot rear sun deck. Unit 3 includes 2 bedrooms and 1 bath with a granite breakfast bar and a private rear deck.
Located at 1413 South Broad Street in Philadelphia, the home is described as having close proximity to restaurants, bars, supermarkets, and easy public transportation access.
The layout is arranged across three levels with a unit configuration of 3BR/2.5BA and two 2BR/1BA apartments, supporting flexible owner-occupant or investment use.
Located at 1413 South Broad Street in Philadelphia, the home is described as having close proximity to restaurants, bars, supermarkets, and easy public transportation access.
The layout is arranged across three levels with a unit configuration of 3BR/2.5BA and two 2BR/1BA apartments, supporting flexible owner-occupant or investment use.
Key Highlights
- Built in 1915 and fully renovated in 2014; converted into three separately metered apartments
- Unit 1: 3BR/2.5BA with granite kitchen; includes exclusive access to a partially finished basement
- Unit 1 private patio includes 2‑car parking via a remote‑controlled roll‑up garage door
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.1k | $25.80 |
| − Vacancy | −$4.5k | −$1.42 |
| EGI | $76.6k | $24.38 |
| − OpEx | −$23.0k | −$7.31 |
| NOI | $53.6k | $17.06 |
3,143 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$766.2K
$670.4K – $893.9K
NOI $53,635 @ 7.0% cap · market cap 4.47%
Second Best
Apartment 5plus
$706.3K
$618.0K – $824.0K
NOI $49,438 @ 7.0% cap · market cap 4.12%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Fully renovated in 2014 and converted to three separately metered apartments with multiple private patio and deck spaces.
Where is this triplex located?
The property is located at 1413 South Broad Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Built in 1915 and fully renovated in 2014; converted into three separately metered apartments; Unit 1: 3BR/2.5BA with granite kitchen; includes exclusive access to a partially finished basement; Unit 1 private patio includes 2‑car parking via a remote‑controlled roll‑up garage door
