1642 SOUTH ST, Philadelphia, PA 19146
See all 65 photos
1642 SOUTH ST, Philadelphia, PA 19146
1642 SOUTH ST, Philadelphia, PA 19146
1642 SOUTH ST, Philadelphia, PA 19146
1642 SOUTH ST, Philadelphia, PA 19146
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Matthew Ostroff • Compass Pennsylvania, LLC
$ 1,475,000
Est. payment /mo
Save
Coming Soon

1642 SOUTH ST Philadelphia, PA 19146

3,785 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,785 sqft

Price per Sqft $389

Subdivision Graduate Hospital

MLS Listing ID PAPH2657594

Style Contemporary

Abv Grd Liv Area 3,785

Year Built 2002

Available Date 2026-08-21

Annual Tax Amount $16,346

Tax Year 2026

Lot Size 1,416 Sqft

Acres 0.03

Lot Dimensions 41.00 x 35.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Positioned on a prime corner of one of the city's most vibrant corridors, 1642 South Street represents a rare chance to acquire a high-performing, fully occupied asset. This isn't just a building; it's a turnkey addition to any portfolio where you can start collecting rent on day one.

The property features two expansive 2-bedroom, 2-bathroom apartments that feel incredibly airy and bright. Thanks to the corner orientation, oversized windows to the north and east flood the living spaces with natural light, creating a sense of volume and warmth that is hard to find in urban rentals. These units offer the kind of scale and layout that keeps occupancy high and turnover low.

Anchoring the building is a thriving commercial space occupied by a long-term triple net (NNN) tenant. With a recently signed five-year renewal and an additional five-year option on the table, the ground floor provides the kind of stability and hands-off management investors crave.

This is an investor's dream defined by immediate cash flow, significant upside, and a location that continues to see incredible momentum. Between the steady commercial income and the high-demand residential units, the value proposition here is undeniable. Don't miss this opportunity to own this great building.

Location

State PA

County Philadelphia

Area 19146 (19146)

Zoning CMX2

Rooms

Basement Sump Pump, Poured Concrete, Rough Bath Plumb, Outside Entrance

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Equipment Washer/Dryer Stacked, Oven/Range - Gas, Dishwasher, Built-In Microwave, Refrigerator, Freezer, Water Heater

Fireplace N

Appliance Washer/Dryer Stacked, Oven/Range - Gas, Dishwasher, Built-In Microwave, Refrigerator, Freezer, Water Heater

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Rubber,Fiberglass

Accessibility None

Garage N

Private Pool No

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 3785

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871135150

Ownership Fee Simple

SqFt Source 3785

Security Features Carbon Monoxide Detector(s),Smoke Detector,Fire Detection System

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Beth Stewart

Beth Stewart

REALTOR® | License ID: 2299623

+1(610) 909-4184

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

1642 SOUTH ST