1620 S Broad St Philadelphia, PA 19145

Opportunity knocks in the heart of Newbold! This spacious 3-story townhouse is full of potential and ready for a buyer with vision or an investor seeking a rewarding renovation project. Offering a classic layout, outdoor space, and flexible living options, this property presents a fantastic chance to create a personalized home or income-producing asset. The first floor features a traditional flow with a comfortable living room, formal dining area, a half bathroom, and a generously sized kitchen with access to both the side and rear yards—ideal for entertaining, gardening, or expansion. The unfinished basement includes laundry hookups and provides excellent storage space or the opportunity for future finishing. Upstairs on the second floor, you'll find a full bathroom and three bedrooms, offering functional space for families or roommates. The third floor adds even more versatility, featuring three additional bedrooms, another full bathroom, and a second kitchen—perfect for multi-generational living, a rental unit, or a guest suite (with proper zoning and approvals). This home does require TLC, but it’s packed with potential for long-term value. Set along one of the earliest planned streets in the United States—recognized on the National Register of Historic Places—this home is surrounded by character and history, blending old-world charm with urban potential. Located in the vibrant Newbold neighborhood, this home places you just one minute from the Tasker-Morris Station (BSL Line), offering a direct commute from NRG Station to Fern Rock TC—ideal for city travel and access to Center City. Recreation and green space are close by with Passyunk Square, Capitolo Park, and Capitol Park Playground just blocks away. Dining options abound with local favorites like South Philadelphia Tap Room, Separatist South Philly, and Ocho Rios Parrilla nearby. For everyday convenience, you'll find groceries at Joe’s Food Market, Phong Grocery, Morel’s Grocery, and more. Area schools include George W. Childs School and South Philadelphia High School, with additional educational options within reach. This property qualifies for a 10K Grant offered by Prosperity Home Mortgage, which can be used for closing costs, rate buy-down, and more. It is fully forgivable to all buyers, not just first-time buyers. Reach out for more information. Additionally, the property qualifies for the CRA program, offering a conventional loan with no mortgage insurance, low down payment and lower interest rate. Whether you're looking to renovate and occupy, convert into a multi-unit, or add to your rental portfolio, this Newbold property is your canvas. Don’t miss this opportunity—schedule your showing today and explore the possibilities!