4623 N BROAD ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19140
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.
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