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Listed by Eric Land • KW Empower
$ 375,000
Est. payment /mo
Active
4623 N BROAD ST Philadelphia, PA 19140
2,200 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2484644
Year Built 1930
Annual Tax Amount $3,318
Tax Year 2024
Lot Size 2,200 Sqft
Acres 0.05
Lot Dimensions 22.00 x 100.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Prime Investment Opportunity – 5-Unit legally zoned Multifamily on N. Broad St. Welcome to 4623 N. Broad Street, a well-maintained and fully rented 5-unit multifamily property offering strong, consistent cash flow in a convenient location. This certified lead-safe building grosses $4,290/month across five units, making it an excellent addition to any investor's portfolio. Breakdown of rental income:
• Unit 1: $905/month
• Unit 2: $845/month
• Unit 3 (Studio): $675/month
• Unit 4: $920/month
• Unit 5 (2-Bedroom): $945/month
Each unit has been thoughtfully maintained, and the property benefits from a history of stable tenancy. Located along the vibrant Broad Street corridor, tenants enjoy easy access to public transportation, local shops, and major employers. Being sold as a package deal with 4621 N Broad St. total price for the package is $750,000. This is a turn-key investment with solid returns and minimal headaches. Matterport virtual tour available on this listing. Owner is a licensed real estate agent.
• Unit 1: $905/month
• Unit 2: $845/month
• Unit 3 (Studio): $675/month
• Unit 4: $920/month
• Unit 5 (2-Bedroom): $945/month
Each unit has been thoughtfully maintained, and the property benefits from a history of stable tenancy. Located along the vibrant Broad Street corridor, tenants enjoy easy access to public transportation, local shops, and major employers. Being sold as a package deal with 4621 N Broad St. total price for the package is $750,000. This is a turn-key investment with solid returns and minimal headaches. Matterport virtual tour available on this listing. Owner is a licensed real estate agent.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RTA1
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 491542000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Virtual Tour https://my.matterport.com/show/?m=ymmbBKtFfj2
