1540 South Street
Philadelphia, PA, 19146 $ 845,000
Bedrooms-- Baths-- Sq 800 Monthly Estimate*
$ 5,272
for $845,000. This 800 square foot building was built in 1915 on a lot size of 0.02.
Rarely offered, this 4-story brick-front building includes more than 2,900 sq. ft. of above-ground living and commercial/retail space, situated on one of the most desirable blocks of South Street. 1540 South St. offers a store on the main/street level, a 1-bedroom apartment on the second floor, and a bi-level 2-bedroom apartment on the third and fourth floors. The second-floor apartment has its own private balcony at the rear, and the bi-level apartment features a private deck. The store and both apartments are equipped with central air conditioning. The entire property is occupied by long-term tenants. Note that the store has a private entrance, separate from the apartments. Even better, the store boasts a large bay window, ideal for display on the high-traffic 15th block of South Street. The store also offers high ceilings, a private office area, a powder room, and a small backyard. The property has a full basement, accessible from both the store and the street through Bilco doors. The second-floor 1-bedroom apartment is bright, boasts hardwood floors, and includes a private balcony at the rear. The top bi-level 2-bedroom apartment is modern, bright, and boasts a skylight, hardwood floors, and a large private deck. Note that the roof, where some mechanicals are located, can be accessed via a pull-down stair. This unique property was custom rehabbed in the 1980s by an architect who ensured that every part of the property receives ample daylight. This feature is even felt in the main staircase, which accesses the apartments and charms with an exposed brick wall. Even better, the property offers a generous amount of storage space in each unit. Own a one-of-a-kind 4-story building right next to the historic Royal Theatre, surrounded by numerous restaurants, shops, and everything that Rittenhouse Square, Graduate Hospital, and Broad Street have to offer. Learn more about 1540 South St. today.
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FeaturesInteriorHeating Fuel Natural Gas Electric
Hot Water Natural Gas Electric
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Central Forced Air
Cooling Central A/C
Possession 0-30 Days CD 31-60 Days CD 61-90 Days CD
Zoning CMX2
Construction Materials Masonry
Year Built 1915
Property Subtype Mixed Use
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Other/General Retail
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions From 16th St turn right on South St.
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19146 (19146)
Lot Size Units Square Feet
Lot Size Square Feet 1088.00
Tax Annual Amount 10156.0
Price Per Sq Ft Total AG 289.38
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 319
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ExteriorWater Source Public
Type of Parking None
Water View Y/N N
Building Area Total 2920.00
Lot Dimensions 16.00 x 68.00
Lot Size Acres 0.02
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 145120.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByCompass Pennsylvania, LlcBroker
tony@theaffinityteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,272
- Monthly Property Taxes
- $846
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Philadelphia, PA
Average List Price $1,088,582
Percent of Sale Price 29%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/3/2025 | $845,000 | | Listed Price |