1540 South Street Philadelphia, PA $ 845,000
1540 South Street
$ 845,000
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1540 South Street

Philadelphia, PA, 19146
$ 845,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 5,272

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Multi-Family Home for sale in Philadelphia, PA

for $845,000 with 3 bedrooms. This home 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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Multi-Family Active

Price

$ 845,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 10,156

Style

Traditional

Lot Size

0.02

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2454866

Features
General
Living Area 2920
Sewer 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
Architectural Style Traditional
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1915
Property Subtype Triplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
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
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 289.38
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 319
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Interior
Heating Fuel Natural Gas Electric
Hot Water Natural Gas Electric
Heating Y/N Y
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Type of Parking None
Foundation Details Stone
Water View Y/N N
Lot Dimensions 16.00 x 68.00
Lot Size Acres 0.02
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 145120.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1540
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* Excluded Features
List By
Compass Pennsylvania, Llc

Broker

tony@theaffinityteam.com

Email

Affordability Calculator

$6,118
Per Month
86%
14%
0%
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.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2025$845,000 Listed Price

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1540 South Street, Philadelphia, PA, 19146 is a Multi-Family Home for sale at $845,000 with a lot size of 0.02. 1540 South Street has 3 bedrooms, 0.0 baths, and was built in 1915. The property's zip code is 19146 which is in Philadelphia, PA