Philadelphia, PA 19146 1540 South Street

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Presented By: Compass Pennsylvania, LLC
  • MLS# PAPH2454866
  • 03/09/2025
  • Request Tour
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  • Beds • 3

Home Details

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.
Presented By: Compass Pennsylvania, LLC

Interior Features for 1540 South Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NYes
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterNatural Gas, Electric

General for 1540 South Street

AccessibilityNone
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsFrom 16th St, turn right on South St.
Garage Y/NNo
HeatingCentral, Forced Air
Lot Size Square Feet1088.00
Lot Size UnitsSquare Feet
MLS Area19146 (19146)
ModificationTimestamp2025-03-09T22:27:39
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
One Bedroom Units Count1
Other StructuresAbove Grade
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD, 61-90 Days CD
Price Per Sq Ft Total AG289.38
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount10156.0
Tax Assessed Value725600.0
Tax Lot319
Tax Year2024
Total SQFT2920
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceEstimated
ZoningCMX2

Exterior for 1540 South Street

Foundation DetailsStone
Land Assessed Value145120.00
Land Use CodeY70
Lot Dimensions16.00 x 68.00
Lot Size Acres0.02
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $845,000
MLS#PAPH2454866
List Date 03/09/2025
Property Type Multi-Family
Phone 703.929.4729
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