1248 S BROAD ST Philadelphia, PA 19146
UPDATED:
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 5,160 sqft
Price per Sqft $191
Subdivision Point Breeze
MLS Listing ID PAPH2599616
Style Other
Bedrooms 4
HOA Y/N N
Abv Grd Liv Area 5,160
Year Built 1923
Annual Tax Amount $9,028
Tax Year 2025
Lot Size 2,160 Sqft
Acres 0.05
Lot Dimensions 20.00 x 108.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
The ground floor is currently operating as a funeral home and will be decommissioned by the seller in preparation for sale, offering a more straightforward transition for the next owner. The finished basement provides additional functional square footage with high ceilings and plumbed bathrooms. The upper two floors are currently configured as a single residential unit and are leased month to month, with the tenant preparing to vacate in the near future, creating added flexibility for redevelopment or reconfiguration.
The property is served by central air conditioning on the first floor and basement level with window units in the second and third floors. Mechanical systems include an above-ground oil tank fueling an oil furnace for the upper floors and a newer gas-fired furnace servicing the basement and first floor. A newer roof, installed within the last five years, covers approximately three quarters of the structure, excluding the rear section. An abandoned underground oil tank beneath the basement floor has been emptied and capped, and should be further investigated by buyer.
A major value driver is the Wharton Street frontage, where a three-car-wide curb cut, existing two-bay garage door, and loading dock double man door present the likely opportunity to create three-car indoor parking, a rare and meaningful advantage for future residential or mixed-use planning. The property also includes an open deck over the garage and offers sweeping skyline views, including a direct sightline to Billy Penn.
For a buyer with vision, this is a rare chance to acquire a corner asset with strong bones, meaningful square footage, parking potential, and iconic South Broad Street presence.
Location
State PA
County Philadelphia
Area 19145 (19145)
Zoning RSA5
Rooms
Basement Connecting Stairway, Fully Finished, Heated, Rough Bath Plumb, Space For Rooms
Main Level Bedrooms 4
Interior
Hot Water Natural Gas
Cooling Central A/C, Window Unit(s)
Fireplace N
Heat Source Natural Gas, Oil
Laundry Has Laundry
Exterior
Exterior Feature Roof
Parking Features Garage - Side Entry, Inside Access
Garage Spaces 2.0
Utilities Available Natural Gas Available
Water Access N
View City
Accessibility None
Porch Roof
Attached Garage 2
Total Parking Spaces 2
Garage Y
Building
Story 3
Foundation Brick/Mortar
Above Ground Finished SqFt 5160
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 3
Additional Building Above Grade
New Construction N
Schools
School District Philadelphia City
Others
Pets Allowed Y
Senior Community No
Tax ID 882922165
Ownership Fee Simple
SqFt Source 5160
Security Features Security System
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
NEARBY SCHOOL & BUSINESS
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